Suite number:
D
Project:
Address:
View Royal, British Columbia
Developer:
Homewood Constructors Ltd.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
975 sqft
Occupancy Date:
Jan 2025
Price, CAD
$649,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
74.67%
Cumulative Return on Investment in Year 5
345.78%
Property Price at the End of Year 5
$837,000
Deposit Schedule
$10 at Signing
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 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $429,000 |
| rent income | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $359,000 |
| mortgage principal reduction | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $100,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $76,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $893,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $144,000 |
| mortgage payment | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $325,000 |
| total expense investment | $45,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $469,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $31,000 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $60,000 | $424,000 |
| cumulative roi | $319 | $306 | $314 | $328 | $346 | $367 | $392 | $420 | $453 | $491 | $4,000 |
West Park One
Address: View Royal, British Columbia
Price Range: $540,000 - $670,000
Avail. suites: 8
1—2.5 bd
600—1125 SqFt