Suite number:
207 B2
Project:
Address:
Victoria, British Columbia
Developer:
TLA Developments
Property type:
condo
Bathrooms:
1.5
Bedrooms:
1
Size:
804 sqft
Occupancy Date:
Nov 2024
Price, CAD
$679,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.17%
Cumulative Return on Investment in Year 5
88.70%
Property Price at the End of Year 5
$876,000
Deposit Schedule
$5 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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $449,000 |
| rent income | $12,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $164,000 |
| mortgage principal reduction | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $114,000 |
| deposit interest | $145 | - | - | - | - | - | - | - | - | - | $145 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $62,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $732,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $34,000 | - | - | - | - | - | - | - | - | - | $34,000 |
| remaining balance payment | $102,000 | - | - | - | - | - | - | - | - | - | $102,000 |
| closing cost | $32,000 | - | - | - | - | - | - | - | - | - | $32,000 |
| operating expense | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $84,000 |
| mortgage payment | $29,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $309,000 |
| total expense investment | $203,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $560,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$141,254 | $23,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $45,000 | $48,000 | $171,000 |
| cumulative roi | $26 | $45 | $61 | $76 | $89 | $101 | $112 | $123 | $133 | $144 | $910 |
Skyeview offers a boutique collection of one and two-bedroom homes ranging in size from 500 – 900 sq. ft. Conveniently located within walking distance to the historic E&N trail, Skyeview is just minutes away from your neighborhood pub, local shops, a...
Address: Victoria, British Columbia
Price Range: $457,000 - $799,000
Avail. suites: 25
1—2 bd
576—986 SqFt