Suite number:
Suite 209
Project:
Address:
Sidney, British Columbia
Developer:
Mike Geric Construction
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1205 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,099,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.62%
Cumulative Return on Investment in Year 5
107.74%
Property Price at the End of Year 5
$1,416,000
Deposit Schedule
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 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $86,000 | $90,000 | $725,000 |
| rent income | $26,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $416,000 |
| mortgage principal reduction | $12,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $181,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $100,000 | $112,000 | $118,000 | $123,000 | $129,000 | $135,000 | $142,000 | $149,000 | $156,000 | $163,000 | $1,327,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $220,000 | - | - | - | - | - | - | - | - | - | $220,000 |
| closing cost | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
| operating expense | $8,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $128,000 |
| mortgage payment | $38,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $491,000 |
| total expense investment | $306,000 | $62,000 | $62,000 | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $878,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$206,075 | $50,000 | $55,000 | $61,000 | $66,000 | $72,000 | $78,000 | $84,000 | $91,000 | $98,000 | $449,000 |
| cumulative roi | $27 | $49 | $70 | $89 | $108 | $126 | $143 | $161 | $179 | $198 | $1,000 |
The Rise on Fifth is located in sunny Sidney, BC where expansive views of the Haro Strait include big blue skies and majestic sunsets, soaring eagles, and some of BC’s best marine life sightings. Steps from the beach, this incredible property is an ...
Address: Sidney, British Columbia
Price Range: $549,000 - $2,299,000
Avail. suites: 20
1—3.5 bd
567—1391 SqFt