Suite number:
B2 - 514
Project:
Address:
Saanich Core, British Columbia
Developer:
Abstract Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
579 sqft
Occupancy Date:
Mar 2025
Price, CAD
$615,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.07%
Cumulative Return on Investment in Year 5
87.87%
Property Price at the End of Year 5
$792,000
Deposit Schedule
Total up to 10% in 7 days
$61,500
5% on Occupancy
$30,750
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 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $406,000 |
| rent income | $9,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $158,000 |
| mortgage principal reduction | $5,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $94,000 |
| deposit interest | $951 | - | - | - | - | - | - | - | - | - | $951 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $52,000 | $56,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $664,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $92,000 | - | - | - | - | - | - | - | - | - | $92,000 |
| remaining balance payment | $31,000 | - | - | - | - | - | - | - | - | - | $31,000 |
| closing cost | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| operating expense | $4,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $74,000 |
| mortgage payment | $20,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $289,000 |
| total expense investment | $178,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $516,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$125,545 | $19,000 | $22,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $43,000 | $148,000 |
| cumulative roi | $26 | $45 | $61 | $75 | $88 | $100 | $111 | $122 | $132 | $142 | $902 |
Cadence by Abstract Developments
Address: Saanich Core, British Columbia
Price Range: $615,000 - $860,000
Avail. suites: 5
1—2.5 bd
579—1068 SqFt