Suite number:
B1 - 214
Project:
Address:
Saanich Core, British Columbia
Developer:
Abstract Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
907 sqft
Occupancy Date:
Mar 2025
Price, CAD
$620,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.99%
Cumulative Return on Investment in Year 5
96.91%
Property Price at the End of Year 5
$799,000
Deposit Schedule
Total up to 10% in 7 days
$62,000
5% on Occupancy
$31,000
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 | $32,000 | $34,000 | $36,000 | $38,000 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $409,000 |
| rent income | $16,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $251,000 |
| mortgage principal reduction | $6,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $96,000 |
| deposit interest | $834 | - | - | - | - | - | - | - | - | - | $834 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $761,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
| remaining balance payment | $31,000 | - | - | - | - | - | - | - | - | - | $31,000 |
| closing cost | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| operating expense | $7,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $105,000 |
| mortgage payment | $23,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $294,000 |
| total expense investment | $184,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $554,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$124,179 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $43,000 | $47,000 | $51,000 | $208,000 |
| cumulative roi | $27 | $47 | $65 | $81 | $97 | $112 | $126 | $141 | $155 | $170 | $1,000 |
Cadence by Abstract Developments
Address: Saanich Core, British Columbia
Price Range: $615,000 - $860,000
Avail. suites: 5
1—2.5 bd
579—1068 SqFt