Suite number:
E1 - 212
Project:
Address:
Saanich, British Columbia
Developer:
Abstract Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
819 sqft
Occupancy Date:
Jan 2027
Price, CAD
$759,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.66%
Cumulative Return on Investment in Year 5
102.79%
Property Price at the End of Year 5
$978,000
Deposit Schedule
Total up to 10% in 7 days
$75,900
5% on Occupancy
$37,950
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 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $501,000 |
| rent income | - | $16,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $244,000 |
| mortgage principal reduction | - | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $98,000 |
| deposit interest | $6,000 | $1,000 | - | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $45,000 | $70,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $855,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $114,000 | - | - | - | - | - | - | - | - | - | $114,000 |
| remaining balance payment | - | $38,000 | - | - | - | - | - | - | - | - | $38,000 |
| closing cost | - | $35,000 | - | - | - | - | - | - | - | - | $35,000 |
| operating expense | - | $6,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $90,000 |
| mortgage payment | - | $25,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $329,000 |
| total expense investment | $114,000 | $104,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $49,000 | $606,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$68,983 | -$34,207 | $30,000 | $34,000 | $38,000 | $41,000 | $46,000 | $50,000 | $54,000 | $59,000 | $249,000 |
| cumulative roi | $39 | $51 | $70 | $87 | $103 | $117 | $131 | $145 | $159 | $173 | $1,000 |
Cadence by Abstract Developments
Address: Saanich, British Columbia
Price Range: $615,000 - $860,000
Avail. suites: 8
1—2.5 bd
579—1068 SqFt