Suite number:
F1 - 403
Project:
Address:
Saanich, British Columbia
Developer:
Abstract Developments
Property type:
condo
Floor plan:
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
23.76%
Cumulative Return on Investment in Year 5
109.18%
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 | $34,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $450,000 |
| mortgage principal reduction | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $131,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $93,000 | $97,000 | $102,000 | $106,000 | $112,000 | $117,000 | $123,000 | $128,000 | $135,000 | $141,000 | $1,153,000 |
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 | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
| operating expense | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $139,000 |
| mortgage payment | $39,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $427,000 |
| total expense investment | $260,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $59,000 | $775,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$166,215 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $65,000 | $70,000 | $76,000 | $82,000 | $378,000 |
| cumulative roi | $26 | $49 | $69 | $89 | $109 | $129 | $149 | $171 | $193 | $217 | $1,000 |
Cadence by Abstract Developments
Address: Saanich, British Columbia
Price Range: $615,000 - $860,000
Avail. suites: 5
1—2.5 bd
579—1068 SqFt