Suite number:

Suite 206

Address:
Sidney, British Columbia
Developer:
Mike Geric Construction
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1201 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,119,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5

23.29%

Cumulative Return on Investment in Year 5

106.98%

Property Price at the End of Year 5

$1,442,000

Deposit Schedule
$10 at Signing
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$58,000$61,000$64,000$68,000$71,000$75,000$79,000$83,000$87,000$92,000$738,000
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$14,000$16,000$17,000$18,000$18,000$19,000$20,000$21,000$22,000$23,000$188,000
deposit interest$462---------$462
gst hst rebate$5,000---------$5,000
total income return$110,000$114,000$119,000$125,000$131,000$137,000$144,000$151,000$158,000$165,000$1,355,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$112,000---------$112,000
remaining balance payment$112,000---------$112,000
closing cost$40,000---------$40,000
operating expense$10,000$12,000$12,000$12,000$13,000$13,000$14,000$14,000$15,000$15,000$130,000
mortgage payment$47,000$51,000$51,000$51,000$51,000$51,000$51,000$51,000$51,000$51,000$509,000
total expense investment$322,000$63,000$63,000$64,000$64,000$65,000$65,000$65,000$66,000$66,000$903,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$211,488$51,000$56,000$61,000$67,000$73,000$79,000$85,000$92,000$99,000$452,000
cumulative roi$27$50$70$89$107$125$142$159$177$195$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