Suite number:
C4
Project:
Address:
Victoria, British Columbia
Developer:
Abstract Developments
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1
Size:
638 sqft
Occupancy Date:
Mar 2026
Price, CAD
$569,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.08%
Cumulative Return on Investment in Year 5
86.69%
Property Price at the End of Year 5
$734,000
Deposit Schedule
Total up to 5% in 7 days
$28,495
5% on Occupancy
$28,495
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 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $376,000 |
rent income | - | $9,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $113,000 |
mortgage principal reduction | - | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $75,000 |
deposit interest | $3,000 | $361 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $32,000 | $51,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $573,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
remaining balance payment | - | $57,000 | - | - | - | - | - | - | - | - | $57,000 |
closing cost | - | $31,000 | - | - | - | - | - | - | - | - | $31,000 |
operating expense | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $67,000 |
mortgage payment | - | $24,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $252,000 |
total expense investment | $57,000 | $117,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $464,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$24,544 | -$66,076 | $16,000 | $18,000 | $21,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $109,000 |
cumulative roi | $57 | $47 | $62 | $75 | $87 | $97 | $107 | $116 | $124 | $133 | $905 |
Central Block
Address: Victoria, British Columbia
Price Range: $385,000 - $880,000
Avail. suites: 20
1—3 bd
371—1195 SqFt