Suite number:

Suite 306

Address:
Sidney, British Columbia
Developer:
Mike Geric Construction
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1201 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,299,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5

22.28%

Cumulative Return on Investment in Year 5

102.18%

Property Price at the End of Year 5

$1,674,000

Deposit Schedule
$10 at Signing
Net Gain (Loss)
Get Expert Advice
Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
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$17,000$19,000$20,000$21,000$21,000$22,000$23,000$24,000$25,000$26,000$218,000
deposit interest$537---------$537
gst hst rebate$5,000---------$5,000
total income return$122,000$127,000$133,000$139,000$146,000$153,000$160,000$167,000$175,000$184,000$1,504,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$130,000---------$130,000
remaining balance payment$130,000---------$130,000
closing cost$44,000---------$44,000
operating expense$11,000$12,000$13,000$13,000$13,000$14,000$14,000$15,000$15,000$16,000$137,000
mortgage payment$55,000$60,000$60,000$60,000$60,000$60,000$60,000$60,000$60,000$60,000$590,000
total expense investment$369,000$72,000$72,000$73,000$73,000$73,000$74,000$74,000$75,000$75,000$1,031,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$247,417$55,000$60,000$66,000$73,000$79,000$86,000$93,000$101,000$108,000$474,000
cumulative roi$27$49$68$86$102$118$133$148$164$179$1,000
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