Suite number:
F1 - 403
Project:
Address:
Saanich Core, British Columbia
Developer:
Abstract Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1068 sqft
Occupancy Date:
Mar 2025
Price, CAD
$860,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.34%
Cumulative Return on Investment in Year 5
120.77%
Property Price at the End of Year 5
$1,108,000
Deposit Schedule
Total up to 10% in 7 days
$86,000
5% on Occupancy
$43,000
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 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $568,000 |
| rent income | $25,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $438,000 |
| mortgage principal reduction | $8,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $140,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $84,000 | $98,000 | $103,000 | $107,000 | $113,000 | $118,000 | $123,000 | $129,000 | $135,000 | $142,000 | $1,152,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $129,000 | - | - | - | - | - | - | - | - | - | $129,000 |
| remaining balance payment | $43,000 | - | - | - | - | - | - | - | - | - | $43,000 |
| closing cost | $35,000 | - | - | - | - | - | - | - | - | - | $35,000 |
| operating expense | $8,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $140,000 |
| mortgage payment | $26,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $381,000 |
| total expense investment | $242,000 | $52,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $56,000 | $728,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$157,667 | $46,000 | $50,000 | $54,000 | $59,000 | $64,000 | $69,000 | $74,000 | $80,000 | $86,000 | $424,000 |
| cumulative roi | $28 | $52 | $75 | $98 | $121 | $144 | $168 | $193 | $219 | $248 | $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