Suite number:
C2 Unit 1216
Project:
Address:
Victoria, British Columbia
Developer:
Terracap
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
1184 sqft
Occupancy Date:
Aug 2024
Price, CAD
$829,395
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
62.73%
Cumulative Return on Investment in Year 5
285.37%
Property Price at the End of Year 5
$1,069,000
Deposit Schedule
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 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $61,000 | $65,000 | $68,000 | $548,000 |
| rent income | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $325,000 |
| mortgage principal reduction | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $141,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $82,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $118,000 | $124,000 | $1,014,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $134,000 |
| mortgage payment | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $380,000 |
| total expense investment | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $514,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $60,000 | $65,000 | $70,000 | $500,000 |
| cumulative roi | $240 | $250 | $261 | $273 | $285 | $299 | $314 | $329 | $347 | $365 | $3,000 |
One Bear Mountain is a vision created by some of Canada’s most successful master planners and real estate developers. Conceptualized by a dream team of visionaries — 360 Pacifica and Terracap — who have thoughtfully assembled a significant team of pr...
Address: Victoria, British Columbia
Price Range: $829,000 - $4,567,000
Avail. suites: 24
2—3.5 bd
1184—4133 SqFt