Suite number:
B3
Project:
Address:
Victoria, British Columbia
Developer:
Abstract Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
617 sqft
Occupancy Date:
Mar 2026
$549,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.86%
Cumulative Return on Investment in Year 5
89.91%
Property Price at the End of Year 5
$708,000
Deposit Schedule
Total up to 5% in 7 days
$27,495
5% on Occupancy
$27,495
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 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $363,000 |
rent income | - | $7,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $107,000 |
mortgage principal reduction | - | $5,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $74,000 |
deposit interest | $3,000 | $770 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $31,000 | $47,000 | $50,000 | $52,000 | $55,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $552,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
remaining balance payment | - | $55,000 | - | - | - | - | - | - | - | - | $55,000 |
closing cost | - | $29,000 | - | - | - | - | - | - | - | - | $29,000 |
operating expense | - | $4,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $65,000 |
mortgage payment | - | $18,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $232,000 |
total expense investment | $55,000 | $106,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $436,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$23,681 | -$58,781 | $16,000 | $18,000 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $34,000 | $116,000 |
cumulative roi | $57 | $48 | $65 | $78 | $90 | $101 | $110 | $120 | $129 | $137 | $934 |
Central Block
Address: Victoria, British Columbia
Price Range: $385,000 - $780,000
Avail. suites: 22
1—3 bd
371—1195 SqFt