Suite number:
C3
Project:
Address:
Victoria, British Columbia
Developer:
Abstract Developments
Property type:
condo
Bathrooms:
1.5
Bedrooms:
1
Size:
618 sqft
Occupancy Date:
Mar 2026
$609,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.84%
Cumulative Return on Investment in Year 5
89.59%
Property Price at the End of Year 5
$786,000
Deposit Schedule
Total up to 5% in 7 days
$30,495
5% on Occupancy
$30,495
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $403,000 |
rent income | - | $7,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $107,000 |
mortgage principal reduction | - | $5,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $82,000 |
deposit interest | $3,000 | $854 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $35,000 | $51,000 | $54,000 | $57,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $600,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $61,000 | - | - | - | - | - | - | - | - | - | $61,000 |
remaining balance payment | - | $61,000 | - | - | - | - | - | - | - | - | $61,000 |
closing cost | - | $30,000 | - | - | - | - | - | - | - | - | $30,000 |
operating expense | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $67,000 |
mortgage payment | - | $20,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $257,000 |
total expense investment | $61,000 | $116,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $476,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$26,265 | -$64,162 | $17,000 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $124,000 |
cumulative roi | $57 | $48 | $65 | $78 | $90 | $100 | $110 | $119 | $127 | $136 | $929 |
Central Block
Address: Victoria, British Columbia
Price Range: $385,000 - $780,000
Avail. suites: 22
1—3 bd
371—1195 SqFt