Suite number:
Suite 306
Project:
Address:
Sidney, British Columbia
Developer:
Mike Geric Construction
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1201 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,299,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.63%
Cumulative Return on Investment in Year 5
94.40%
Property Price at the End of Year 5
$1,674,000
Deposit Schedule
$10 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 | $67,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $107,000 | $857,000 |
| rent income | $32,000 | $37,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $423,000 |
| mortgage principal reduction | $15,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $198,000 |
| deposit interest | $555 | - | - | - | - | - | - | - | - | - | $555 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $120,000 | $124,000 | $130,000 | $137,000 | $143,000 | $150,000 | $158,000 | $166,000 | $174,000 | $182,000 | $1,484,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $130,000 | - | - | - | - | - | - | - | - | - | $130,000 |
| remaining balance payment | $130,000 | - | - | - | - | - | - | - | - | - | $130,000 |
| closing cost | $45,000 | - | - | - | - | - | - | - | - | - | $45,000 |
| operating expense | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $132,000 |
| mortgage payment | $60,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $645,000 |
| total expense investment | $376,000 | $77,000 | $78,000 | $78,000 | $78,000 | $78,000 | $79,000 | $79,000 | $79,000 | $80,000 | $1,082,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$256,032 | $47,000 | $53,000 | $59,000 | $65,000 | $72,000 | $79,000 | $86,000 | $94,000 | $102,000 | $402,000 |
| cumulative roi | $26 | $46 | $64 | $80 | $94 | $108 | $122 | $135 | $149 | $162 | $986 |
The Rise on Fifth
Address: Sidney, British Columbia
Price Range: $549,000 - $2,299,000
Avail. suites: 20
1—3.5 bd
567—1391 SqFt