Suite number:
C2 PENTHOUSE 1801
Project:
Address:
Victoria, British Columbia
Developer:
Terracap
Property type:
condo
Bathrooms:
4
Bedrooms:
3.5
Size:
3509 sqft
Occupancy Date:
Aug 2024
$4,567,395
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
35.07%
Cumulative Return on Investment in Year 5
161.00%
Property Price at the End of Year 5
$5,884,000
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 | $237,000 | $250,000 | $263,000 | $276,000 | $291,000 | $306,000 | $322,000 | $339,000 | $356,000 | $375,000 | $3,014,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $81,000 | $68,000 | $70,000 | $73,000 | $76,000 | $79,000 | $83,000 | $86,000 | $89,000 | $93,000 | $799,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $318,000 | $317,000 | $333,000 | $350,000 | $367,000 | $385,000 | $404,000 | $425,000 | $446,000 | $468,000 | $3,813,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $209,000 | $209,000 | $209,000 | $209,000 | $209,000 | $209,000 | $209,000 | $209,000 | $209,000 | $209,000 | $2,093,000 |
total expense investment | $209,000 | $209,000 | $209,000 | $209,000 | $209,000 | $209,000 | $209,000 | $209,000 | $209,000 | $209,000 | $2,093,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $108,000 | $108,000 | $124,000 | $140,000 | $158,000 | $176,000 | $195,000 | $215,000 | $236,000 | $259,000 | $1,720,000 |
cumulative roi | $152 | $152 | $154 | $157 | $161 | $165 | $169 | $173 | $178 | $182 | $2,000 |
One Bear Mountain
Address: Victoria, British Columbia
Price Range: $829,000 - $4,567,000
Avail. suites: 24
2—3.5 bd
1184—4133 SqFt