Suite number:

Suite 205

Address:
Sidney, British Columbia
Developer:
Mike Geric Construction
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
634 sqft
Occupancy Date:
Dec 2024
Price, CAD
$599,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5

20.58%

Cumulative Return on Investment in Year 5

95.51%

Property Price at the End of Year 5

$772,000

Deposit Schedule
$10 at Signing
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$31,000$33,000$34,000$36,000$38,000$40,000$42,000$44,000$47,000$49,000$395,000
rent income$14,000$15,000$16,000$17,000$17,000$18,000$19,000$20,000$21,000$22,000$179,000
mortgage principal reduction$8,000$9,000$9,000$9,000$10,000$10,000$11,000$11,000$12,000$12,000$101,000
deposit interest$247---------$247
gst hst rebate$5,000---------$5,000
total income return$58,000$57,000$60,000$63,000$66,000$69,000$72,000$75,000$79,000$83,000$680,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$60,000---------$60,000
remaining balance payment$60,000---------$60,000
closing cost$30,000---------$30,000
operating expense$5,000$6,000$6,000$6,000$6,000$7,000$7,000$7,000$7,000$8,000$65,000
mortgage payment$25,000$27,000$27,000$27,000$27,000$27,000$27,000$27,000$27,000$27,000$272,000
total expense investment$180,000$33,000$33,000$34,000$34,000$34,000$34,000$35,000$35,000$35,000$487,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss-$122,521$24,000$26,000$29,000$32,000$35,000$38,000$41,000$44,000$48,000$193,000
cumulative roi$27$47$65$81$96$110$123$137$150$164$998
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