Suite number:
107 - A
Project:
Address:
Victoria, British Columbia
Developer:
TLA Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
576 sqft
Occupancy Date:
Nov 2024
Price, CAD
$457,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
47.86%
Cumulative Return on Investment in Year 5
224.17%
Property Price at the End of Year 5
$589,000
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 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $302,000 |
| rent income | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $123,000 |
| mortgage principal reduction | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $78,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $45,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $53,000 | $56,000 | $59,000 | $61,000 | $507,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $61,000 |
| mortgage payment | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $209,000 |
| total expense investment | $26,000 | $26,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $28,000 | $28,000 | $28,000 | $271,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $19,000 | $16,000 | $18,000 | $20,000 | $22,000 | $24,000 | $26,000 | $28,000 | $31,000 | $34,000 | $236,000 |
| cumulative roi | $237 | $218 | $216 | $219 | $224 | $230 | $237 | $245 | $253 | $262 | $2,000 |
Skyeview
Address: Victoria, British Columbia
Price Range: $457,000 - $799,000
Avail. suites: 25
1—2 bd
576—986 SqFt