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
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.17%
Cumulative Return on Investment in Year 5
100.90%
Property Price at the End of Year 5
$895,000
Deposit Schedule
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 | $11,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $241,000 |
| mortgage principal reduction | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $111,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $56,000 | $70,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $816,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $139,000 | - | - | - | - | - | - | - | - | - | $139,000 |
| closing cost | $32,000 | - | - | - | - | - | - | - | - | - | $32,000 |
| operating expense | $4,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $92,000 |
| mortgage payment | $16,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $303,000 |
| total expense investment | $191,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $566,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$134,620 | $29,000 | $32,000 | $35,000 | $39,000 | $42,000 | $46,000 | $50,000 | $54,000 | $58,000 | $250,000 |
| cumulative roi | $26 | $47 | $67 | $84 | $101 | $117 | $132 | $147 | $163 | $178 | $1,000 |
Well-situated in the Upper Quadra Neighbourhood, living at Cadence represents an opportunity to set roots in an established residential setting, nestled among leafy trees, and steps to parks, schools, recreation, and urban conveniences. Steps away f...
Address: Saanich Core, British Columbia
Price Range: $615,000 - $860,000
Avail. suites: 5
1—2.5 bd
579—1068 SqFt