Suite number:
E5 - 301
Project:
Address:
Saanich, British Columbia
Developer:
Abstract Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
854 sqft
Occupancy Date:
Jan 2027
Price, CAD
$699,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.27%
Cumulative Return on Investment in Year 5
105.71%
Property Price at the End of Year 5
$901,000
Deposit Schedule
Total up to 10% in 7 days
$69,900
5% on Occupancy
$34,950
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $461,000 |
| rent income | - | $17,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $255,000 |
| mortgage principal reduction | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $90,000 |
| deposit interest | $5,000 | $1,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $41,000 | $67,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $818,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $105,000 | - | - | - | - | - | - | - | - | - | $105,000 |
| remaining balance payment | - | $35,000 | - | - | - | - | - | - | - | - | $35,000 |
| closing cost | - | $33,000 | - | - | - | - | - | - | - | - | $33,000 |
| operating expense | - | $6,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $92,000 |
| mortgage payment | - | $23,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $303,000 |
| total expense investment | $105,000 | $98,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $568,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$63,530 | -$31,301 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $53,000 | $58,000 | $250,000 |
| cumulative roi | $39 | $51 | $71 | $89 | $106 | $122 | $137 | $153 | $168 | $184 | $1,000 |
Cadence by Abstract Developments
Address: Saanich, British Columbia
Price Range: $615,000 - $860,000
Avail. suites: 8
1—2.5 bd
579—1068 SqFt