Suite number:
F1 - 303
Project:
Address:
Saanich Core, British Columbia
Developer:
Abstract Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1068 sqft
Occupancy Date:
Mar 2025
Price, CAD
$850,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.03%
Cumulative Return on Investment in Year 5
114.58%
Property Price at the End of Year 5
$1,095,000
Deposit Schedule
Total up to 10% in 7 days
$85,000
5% on Occupancy
$42,500
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 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $561,000 |
| rent income | $25,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $438,000 |
| mortgage principal reduction | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $130,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $83,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $127,000 | $134,000 | $140,000 | $1,135,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $128,000 | - | - | - | - | - | - | - | - | - | $128,000 |
| remaining balance payment | $43,000 | - | - | - | - | - | - | - | - | - | $43,000 |
| closing cost | $35,000 | - | - | - | - | - | - | - | - | - | $35,000 |
| operating expense | $8,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $140,000 |
| mortgage payment | $28,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $400,000 |
| total expense investment | $241,000 | $54,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $57,000 | $57,000 | $58,000 | $745,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$158,290 | $42,000 | $46,000 | $51,000 | $55,000 | $60,000 | $65,000 | $71,000 | $76,000 | $82,000 | $391,000 |
| cumulative roi | $27 | $50 | $72 | $94 | $115 | $136 | $157 | $180 | $204 | $229 | $1,000 |
Cadence by Abstract Developments
Address: Saanich Core, British Columbia
Price Range: $615,000 - $860,000
Avail. suites: 5
1—2.5 bd
579—1068 SqFt