Suite number:
105 - C
Project:
Address:
Victoria, British Columbia
Developer:
TLA Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
784 sqft
Occupancy Date:
Nov 2024
Price, CAD
$624,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
52.45%
Cumulative Return on Investment in Year 5
243.31%
Property Price at the End of Year 5
$804,000
Deposit Schedule
$5 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 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $412,000 |
| rent income | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $215,000 |
| mortgage principal reduction | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $99,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $63,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $732,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $88,000 |
| mortgage payment | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $304,000 |
| total expense investment | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $391,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $25,000 | $23,000 | $26,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $49,000 | $340,000 |
| cumulative roi | $245 | $230 | $231 | $236 | $243 | $252 | $262 | $272 | $284 | $296 | $3,000 |
Skyeview
Address: Victoria, British Columbia
Price Range: $457,000 - $799,000
Avail. suites: 25
1—2 bd
576—986 SqFt