Suite number:
E7 - 204
Project:
Address:
Saanich, British Columbia
Developer:
Abstract Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
784 sqft
Occupancy Date:
Jan 2027
Price, CAD
$739,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.52%
Cumulative Return on Investment in Year 5
102.22%
Property Price at the End of Year 5
$952,000
Deposit Schedule
Total up to 10% in 7 days
$73,900
5% on Occupancy
$36,950
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 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $488,000 |
| rent income | - | $15,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $234,000 |
| mortgage principal reduction | - | $6,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $95,000 |
| deposit interest | $5,000 | $1,000 | - | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $44,000 | $68,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $105,000 | $829,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $111,000 | - | - | - | - | - | - | - | - | - | $111,000 |
| remaining balance payment | - | $37,000 | - | - | - | - | - | - | - | - | $37,000 |
| closing cost | - | $34,000 | - | - | - | - | - | - | - | - | $34,000 |
| operating expense | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $87,000 |
| mortgage payment | - | $25,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $321,000 |
| total expense investment | $111,000 | $102,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $590,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$67,166 | -$33,869 | $29,000 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $57,000 | $239,000 |
| cumulative roi | $39 | $51 | $70 | $87 | $102 | $117 | $130 | $144 | $158 | $171 | $1,000 |
Cadence by Abstract Developments
Address: Saanich, British Columbia
Price Range: $615,000 - $860,000
Avail. suites: 8
1—2.5 bd
579—1068 SqFt