Suite number:
C4
Project:
Address:
Victoria, British Columbia
Developer:
Abstract Developments
Property type:
condo
Bathrooms:
1.5
Bedrooms:
1
Size:
638 sqft
Occupancy Date:
Mar 2026
$569,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.91%
Cumulative Return on Investment in Year 5
90.08%
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 | - | $7,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $110,000 |
mortgage principal reduction | - | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $76,000 |
deposit interest | $3,000 | $798 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $32,000 | $49,000 | $51,000 | $54,000 | $57,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $571,000 |
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 | - | $29,000 | - | - | - | - | - | - | - | - | $29,000 |
operating expense | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $68,000 |
mortgage payment | - | $18,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $240,000 |
total expense investment | $57,000 | $109,000 | $35,000 | $35,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $451,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$24,542 | -$60,454 | $17,000 | $19,000 | $21,000 | $24,000 | $27,000 | $29,000 | $32,000 | $36,000 | $120,000 |
cumulative roi | $57 | $48 | $65 | $78 | $90 | $101 | $111 | $120 | $129 | $138 | $936 |
Central Block
Address: Victoria, British Columbia
Price Range: $385,000 - $780,000
Avail. suites: 22
1—3 bd
371—1195 SqFt