Suite number:
B3 LV1
Project:
Address:
Victoria, British Columbia
Developer:
Abstract Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
670 sqft
Occupancy Date:
Sep 2026
$475,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.12%
Cumulative Return on Investment in Year 5
95.19%
Property Price at the End of Year 5
$613,000
Deposit Schedule
Total up to 5% in 7 days
$23,795
5% on Occupancy
$23,795
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 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $314,000 |
rent income | - | $2,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $108,000 |
mortgage principal reduction | - | $1,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $59,000 |
deposit interest | $2,000 | $2,000 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $27,000 | $36,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $491,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
remaining balance payment | - | $48,000 | - | - | - | - | - | - | - | - | $48,000 |
closing cost | - | $28,000 | - | - | - | - | - | - | - | - | $28,000 |
operating expense | - | $1,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $64,000 |
mortgage payment | - | $4,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $189,000 |
total expense investment | $48,000 | $80,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $31,000 | $32,000 | $32,000 | $376,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$20,494 | -$44,201 | $15,000 | $17,000 | $19,000 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $115,000 |
cumulative roi | $57 | $51 | $68 | $83 | $95 | $106 | $117 | $127 | $137 | $146 | $987 |
Oak & Stone
Address: Victoria, British Columbia
Price Range: $460,000 - $890,000
Avail. suites: 19
1—2 bd
558—1223 SqFt