Suite number:
HUMMINGBIRD - B
Address:
Langford, British Columbia
Developer:
Seacliff Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
921 sqft
Occupancy Date:
Jan 2024
Price, CAD
$520,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.71%
Cumulative Return on Investment in Year 5
149.09%
Property Price at the End of Year 5
$670,000
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 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $343,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $14,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $91,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $41,000 | $36,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $435,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $260,000 |
| total expense investment | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $260,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $15,000 | $9,000 | $11,000 | $13,000 | $15,000 | $17,000 | $20,000 | $22,000 | $24,000 | $27,000 | $174,000 |
| cumulative roi | $156 | $146 | $145 | $147 | $149 | $152 | $155 | $159 | $163 | $167 | $2,000 |
Trailside at the Lake and The Henson
Address: Langford, British Columbia
Price Range: $480,000 - $590,000
Avail. suites: 15
1.5—2 bd
623—993 SqFt