Suite number:
A
Project:
Address:
View Royal, British Columbia
Developer:
Homewood Constructors Ltd.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
830 sqft
Occupancy Date:
Jan 2025
Price, CAD
$649,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
61.14%
Cumulative Return on Investment in Year 5
283.14%
Property Price at the End of Year 5
$837,000
Deposit Schedule
$10 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $429,000 |
| rent income | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $306,000 |
| mortgage principal reduction | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $100,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $72,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $102,000 | $840,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $126,000 |
| mortgage payment | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $325,000 |
| total expense investment | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $451,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $28,000 | $26,000 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $389,000 |
| cumulative roi | $272 | $258 | $262 | $271 | $283 | $297 | $312 | $330 | $349 | $371 | $3,000 |
West Park One
Address: View Royal, British Columbia
Price Range: $540,000 - $670,000
Avail. suites: 8
1—2.5 bd
600—1125 SqFt