Suite number:
B3
Project:
Address:
Victoria, British Columbia
Developer:
Abstract Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
670 sqft
Occupancy Date:
Sep 2026
$465,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.12%
Cumulative Return on Investment in Year 5
95.26%
Property Price at the End of Year 5
$600,000
Deposit Schedule
Total up to 5% in 7 days
$23,295
5% on Occupancy
$23,295
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 | $24,000 | $25,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $307,000 |
rent income | - | $2,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $108,000 |
mortgage principal reduction | - | $983 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $58,000 |
deposit interest | $2,000 | $2,000 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $27,000 | $35,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $483,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
remaining balance payment | - | $47,000 | - | - | - | - | - | - | - | - | $47,000 |
closing cost | - | $27,000 | - | - | - | - | - | - | - | - | $27,000 |
operating expense | - | $1,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $64,000 |
mortgage payment | - | $4,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $185,000 |
total expense investment | $47,000 | $79,000 | $30,000 | $30,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $31,000 | $370,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$20,063 | -$43,526 | $15,000 | $16,000 | $19,000 | $21,000 | $23,000 | $25,000 | $28,000 | $30,000 | $113,000 |
cumulative roi | $57 | $51 | $68 | $83 | $95 | $107 | $117 | $127 | $137 | $146 | $989 |
Oak & Stone
Address: Victoria, British Columbia
Price Range: $460,000 - $890,000
Avail. suites: 19
1—2 bd
558—1223 SqFt