Suite number:
Suite 207
Project:
Address:
Sidney, British Columbia
Developer:
Mike Geric Construction
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1109 sqft
Occupancy Date:
Jan 2025
Price, CAD
$929,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.39%
Cumulative Return on Investment in Year 5
112.07%
Property Price at the End of Year 5
$1,197,000
Deposit Schedule
$10 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 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $613,000 |
| rent income | $35,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $56,000 | $467,000 |
| mortgage principal reduction | $10,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $18,000 | $142,000 |
| deposit interest | $397 | - | - | - | - | - | - | - | - | - | $397 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $100,000 | $103,000 | $108,000 | $113,000 | $119,000 | $124,000 | $130,000 | $137,000 | $143,000 | $150,000 | $1,227,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
| remaining balance payment | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
| closing cost | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
| operating expense | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $120,000 |
| mortgage payment | $43,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $461,000 |
| total expense investment | $276,000 | $58,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $805,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$176,842 | $46,000 | $50,000 | $55,000 | $60,000 | $66,000 | $71,000 | $77,000 | $84,000 | $90,000 | $422,000 |
| cumulative roi | $27 | $50 | $71 | $92 | $112 | $133 | $154 | $177 | $200 | $226 | $1,000 |
The Rise on Fifth
Address: Sidney, British Columbia
Price Range: $549,000 - $2,299,000
Avail. suites: 20
1—3.5 bd
567—1391 SqFt