Suite number:
Suite 105
Project:
Address:
Sidney, British Columbia
Developer:
Mike Geric Construction
Property type:
condo
Floor plan:
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
84.82%
Cumulative Return on Investment in Year 5
388.80%
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 | $49,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $63,000 | $66,000 | $69,000 | $72,000 | $597,000 |
| mortgage principal reduction | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $23,000 | $24,000 | $193,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $134,000 | $136,000 | $142,000 | $149,000 | $156,000 | $164,000 | $172,000 | $180,000 | $189,000 | $198,000 | $1,619,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $155,000 |
| mortgage payment | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $625,000 |
| total expense investment | $76,000 | $77,000 | $77,000 | $77,000 | $78,000 | $78,000 | $79,000 | $79,000 | $79,000 | $80,000 | $780,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $58,000 | $59,000 | $65,000 | $72,000 | $78,000 | $86,000 | $93,000 | $101,000 | $109,000 | $118,000 | $839,000 |
| cumulative roi | $340 | $336 | $348 | $366 | $389 | $415 | $445 | $479 | $519 | $565 | $4,000 |
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