Suite number:
C1
Project:
Address:
View Royal, British Columbia
Developer:
Homewood Constructors Ltd.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
765 sqft
Occupancy Date:
Jan 2025
Price, CAD
$539,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
50.46%
Cumulative Return on Investment in Year 5
234.67%
Property Price at the End of Year 5
$696,000
Deposit Schedule
$10 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 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $356,000 |
| rent income | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $225,000 |
| mortgage principal reduction | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $83,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $58,000 | $56,000 | $59,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $670,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $109,000 |
| mortgage payment | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $270,000 |
| total expense investment | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $379,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $21,000 | $19,000 | $21,000 | $24,000 | $27,000 | $29,000 | $32,000 | $36,000 | $39,000 | $42,000 | $291,000 |
| cumulative roi | $236 | $220 | $222 | $227 | $235 | $244 | $254 | $266 | $278 | $292 | $2,000 |
West Park One
Address: View Royal, British Columbia
Price Range: $540,000 - $670,000
Avail. suites: 8
1—2.5 bd
600—1125 SqFt