Suite number:
Suite 105
Project:
Address:
Sidney, British Columbia
Developer:
Mike Geric Construction
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1351 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,249,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.75%
Cumulative Return on Investment in Year 5
118.15%
Property Price at the End of Year 5
$1,609,000
Deposit Schedule
$10 at Signing
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 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $824,000 |
| rent income | $43,000 | $49,000 | $51,000 | $54,000 | $56,000 | $58,000 | $61,000 | $63,000 | $66,000 | $69,000 | $572,000 |
| mortgage principal reduction | $16,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $210,000 |
| deposit interest | $516 | - | - | - | - | - | - | - | - | - | $516 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $130,000 | $136,000 | $142,000 | $149,000 | $156,000 | $163,000 | $171,000 | $179,000 | $188,000 | $197,000 | $1,611,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $125,000 | - | - | - | - | - | - | - | - | - | $125,000 |
| remaining balance payment | $125,000 | - | - | - | - | - | - | - | - | - | $125,000 |
| closing cost | $43,000 | - | - | - | - | - | - | - | - | - | $43,000 |
| operating expense | $12,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $155,000 |
| mortgage payment | $52,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $568,000 |
| total expense investment | $358,000 | $71,000 | $72,000 | $72,000 | $73,000 | $73,000 | $74,000 | $74,000 | $75,000 | $75,000 | $1,015,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$227,755 | $65,000 | $71,000 | $77,000 | $83,000 | $90,000 | $98,000 | $105,000 | $113,000 | $121,000 | $596,000 |
| cumulative roi | $28 | $52 | $75 | $97 | $118 | $140 | $162 | $185 | $210 | $235 | $1,000 |
The Rise on Fifth
Address: Sidney, British Columbia
Price Range: $549,000 - $2,299,000
Avail. suites: 20
1—3.5 bd
567—1391 SqFt