Suite number:
101 C2
Project:
Address:
Victoria, British Columbia
Developer:
TLA Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
890 sqft
Occupancy Date:
Nov 2024
Price, CAD
$749,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.66%
Cumulative Return on Investment in Year 5
95.42%
Property Price at the End of Year 5
$966,000
Deposit Schedule
$5 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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $495,000 |
| rent income | $18,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $233,000 |
| mortgage principal reduction | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $126,000 |
| deposit interest | $160 | - | - | - | - | - | - | - | - | - | $160 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $71,000 | $72,000 | $76,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $859,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
| remaining balance payment | $112,000 | - | - | - | - | - | - | - | - | - | $112,000 |
| closing cost | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
| operating expense | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $97,000 |
| mortgage payment | $32,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $341,000 |
| total expense investment | $222,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $46,000 | $621,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$150,850 | $29,000 | $32,000 | $35,000 | $39,000 | $43,000 | $46,000 | $50,000 | $55,000 | $59,000 | $238,000 |
| cumulative roi | $27 | $47 | $65 | $81 | $95 | $109 | $123 | $136 | $149 | $162 | $994 |
Skyeview offers a boutique collection of one and two-bedroom homes ranging in size from 500 – 900 sq. ft. Conveniently located within walking distance to the historic E&N trail, Skyeview is just minutes away from your neighborhood pub, local shops, a...
Address: Victoria, British Columbia
Price Range: $457,000 - $799,000
Avail. suites: 25
1—2 bd
576—986 SqFt