Suite number:
209 - C
Project:
Address:
Victoria, British Columbia
Developer:
TLA Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
784 sqft
Occupancy Date:
Nov 2024
Price, CAD
$664,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
55.91%
Cumulative Return on Investment in Year 5
259.47%
Property Price at the End of Year 5
$857,000
Deposit Schedule
$5 at Signing
Net Gain (Loss)
Get Expert Advice
Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| property price appreciation | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $439,000 |
| rent income | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $215,000 |
| mortgage principal reduction | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $113,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $67,000 | $65,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $85,000 | $90,000 | $94,000 | $772,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $89,000 |
| mortgage payment | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $305,000 |
| total expense investment | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $394,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $28,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $45,000 | $49,000 | $53,000 | $378,000 |
| cumulative roi | $260 | $245 | $246 | $252 | $259 | $268 | $279 | $290 | $302 | $315 | $3,000 |
Skyeview
Address: Victoria, British Columbia
Price Range: $457,000 - $799,000
Avail. suites: 25
1—2 bd
576—986 SqFt