Suite number:
E1
Project:
Address:
View Royal, British Columbia
Developer:
Homewood Constructors Ltd.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
935 sqft
Occupancy Date:
Jan 2025
Price, CAD
$669,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
104.82%
Cumulative Return on Investment in Year 5
485.10%
Property Price at the End of Year 5
$863,000
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $442,000 |
| rent income | $34,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $413,000 |
| mortgage principal reduction | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $103,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $82,000 | $81,000 | $85,000 | $89,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $964,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $146,000 |
| mortgage payment | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $335,000 |
| total expense investment | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $50,000 | $481,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $35,000 | $34,000 | $37,000 | $41,000 | $45,000 | $49,000 | $53,000 | $58,000 | $63,000 | $67,000 | $483,000 |
| cumulative roi | $413 | $403 | $421 | $449 | $485 | $529 | $581 | $645 | $724 | $824 | $5,000 |
West Park One
Address: View Royal, British Columbia
Price Range: $540,000 - $670,000
Avail. suites: 8
1—2.5 bd
600—1125 SqFt