Suite number:
D5 - 411
Project:
Address:
Saanich Core, British Columbia
Developer:
Abstract Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
721 sqft
Occupancy Date:
Mar 2025
Price, CAD
$695,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.07%
Cumulative Return on Investment in Year 5
101.59%
Property Price at the End of Year 5
$895,000
Deposit Schedule
Total up to 10% in 7 days
$69,500
5% on Occupancy
$34,750
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $459,000 |
| rent income | $14,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $246,000 |
| mortgage principal reduction | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $113,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $63,000 | $70,000 | $73,000 | $77,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $101,000 | $825,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $104,000 | - | - | - | - | - | - | - | - | - | $104,000 |
| remaining balance payment | $35,000 | - | - | - | - | - | - | - | - | - | $35,000 |
| closing cost | $32,000 | - | - | - | - | - | - | - | - | - | $32,000 |
| operating expense | $6,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $94,000 |
| mortgage payment | $21,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $308,000 |
| total expense investment | $198,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $573,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$134,902 | $29,000 | $32,000 | $36,000 | $39,000 | $42,000 | $46,000 | $50,000 | $54,000 | $58,000 | $252,000 |
| cumulative roi | $27 | $49 | $68 | $85 | $102 | $117 | $133 | $148 | $163 | $179 | $1,000 |
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