Suite number:
C3
Project:
Address:
Saanich, British Columbia
Developer:
Abstract Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
704 sqft
Occupancy Date:
Sep 2026
Price, CAD
$609,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.28%
Cumulative Return on Investment in Year 5
109.35%
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 | - | $10,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $243,000 |
mortgage principal reduction | - | $3,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $76,000 |
deposit interest | $3,000 | $2,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $35,000 | $53,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $732,000 |
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 | - | $32,000 | - | - | - | - | - | - | - | - | $32,000 |
operating expense | - | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $82,000 |
mortgage payment | - | $13,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $257,000 |
total expense investment | $61,000 | $109,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $493,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$26,284 | -$55,660 | $28,000 | $31,000 | $35,000 | $38,000 | $41,000 | $45,000 | $49,000 | $53,000 | $239,000 |
cumulative roi | $57 | $51 | $72 | $91 | $109 | $127 | $145 | $163 | $181 | $201 | $1,000 |
Oak & Stone
Address: Saanich, British Columbia
Price Range: $460,000 - $890,000
Avail. suites: 19
1—2 bd
558—1223 SqFt