Suite number:
C2
Project:
Address:
Victoria, British Columbia
Developer:
Abstract Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
806 sqft
Occupancy Date:
Sep 2026
$589,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.55%
Cumulative Return on Investment in Year 5
105.50%
Property Price at the End of Year 5
$760,000
Deposit Schedule
Total up to 5% in 7 days
$29,495
5% on Occupancy
$29,495
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 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $389,000 |
rent income | - | $3,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $191,000 |
mortgage principal reduction | - | $1,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $73,000 |
deposit interest | $3,000 | $3,000 | - | - | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $34,000 | $44,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $664,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
remaining balance payment | - | $59,000 | - | - | - | - | - | - | - | - | $59,000 |
closing cost | - | $30,000 | - | - | - | - | - | - | - | - | $30,000 |
operating expense | - | $2,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $83,000 |
mortgage payment | - | $5,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $234,000 |
total expense investment | $59,000 | $95,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $466,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$25,403 | -$50,744 | $24,000 | $27,000 | $29,000 | $32,000 | $36,000 | $39,000 | $42,000 | $46,000 | $199,000 |
cumulative roi | $57 | $52 | $72 | $90 | $106 | $120 | $135 | $149 | $163 | $177 | $1,000 |
Oak & Stone
Address: Victoria, British Columbia
Price Range: $460,000 - $890,000
Avail. suites: 19
1—2 bd
558—1223 SqFt