Suite number:
HUMMINGBIRD R - B
Address:
Victoria, British Columbia
Developer:
Seacliff Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
921 sqft
Occupancy Date:
Jan 2024
Price, CAD
$525,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.80%
Cumulative Return on Investment in Year 5
153.70%
Property Price at the End of Year 5
$676,000
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 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $346,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $13,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $93,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $40,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $440,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $255,000 |
| total expense investment | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $255,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $15,000 | $11,000 | $12,000 | $14,000 | $16,000 | $18,000 | $21,000 | $23,000 | $26,000 | $28,000 | $184,000 |
| cumulative roi | $159 | $150 | $149 | $151 | $154 | $157 | $160 | $164 | $168 | $172 | $2,000 |
Trailside at the Lake and The Henson
Address: Victoria, British Columbia
Price Range: $480,000 - $590,000
Avail. suites: 15
1.5—2 bd
623—993 SqFt