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
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.47%
Cumulative Return on Investment in Year 5
94.74%
Property Price at the End of Year 5
$857,000
Deposit Schedule
$5 at Signing
Net Gain (Loss)
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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 | $16,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $205,000 |
| mortgage principal reduction | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $112,000 |
| deposit interest | $142 | - | - | - | - | - | - | - | - | - | $142 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $64,000 | $64,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $84,000 | $88,000 | $93,000 | $761,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
| remaining balance payment | $100,000 | - | - | - | - | - | - | - | - | - | $100,000 |
| closing cost | $31,000 | - | - | - | - | - | - | - | - | - | $31,000 |
| operating expense | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $86,000 |
| mortgage payment | $28,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $302,000 |
| total expense investment | $199,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $552,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$135,294 | $26,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $48,000 | $52,000 | $208,000 |
| cumulative roi | $27 | $47 | $64 | $80 | $95 | $109 | $122 | $135 | $148 | $161 | $987 |
Skyeview offers a boutique collection of one and two-bedroom homes ranging in size from 500 – 900 sq. ft. Conveniently located within walking distance to the historic E&N trail, Skyeview is just minutes away from your neighborhood pub, local shops, a...
Address: Victoria, British Columbia
Price Range: $457,000 - $799,000
Avail. suites: 25
1—2 bd
576—986 SqFt