Suite number:
C1
Project:
Address:
Victoria, British Columbia
Developer:
Abstract Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
697 sqft
Occupancy Date:
Sep 2026
$555,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.02%
Cumulative Return on Investment in Year 5
103.28%
Property Price at the End of Year 5
$716,000
Deposit Schedule
Total up to 5% in 7 days
$27,795
5% on Occupancy
$27,795
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 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $367,000 |
rent income | - | $3,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $165,000 |
mortgage principal reduction | - | $1,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $69,000 |
deposit interest | $3,000 | $2,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $32,000 | $42,000 | $57,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $611,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
remaining balance payment | - | $56,000 | - | - | - | - | - | - | - | - | $56,000 |
closing cost | - | $29,000 | - | - | - | - | - | - | - | - | $29,000 |
operating expense | - | $1,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $73,000 |
mortgage payment | - | $5,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $221,000 |
total expense investment | $56,000 | $91,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $434,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$23,939 | -$48,732 | $22,000 | $24,000 | $27,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $177,000 |
cumulative roi | $57 | $52 | $71 | $88 | $103 | $117 | $131 | $144 | $157 | $170 | $1,000 |
Oak & Stone
Address: Victoria, British Columbia
Price Range: $460,000 - $890,000
Avail. suites: 19
1—2 bd
558—1223 SqFt