Suite number:
HUMMINGBIRD R - A
Address:
Victoria, British Columbia
Developer:
Seacliff Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
910 sqft
Occupancy Date:
Jan 2024
Price, CAD
$550,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.80%
Cumulative Return on Investment in Year 5
153.70%
Property Price at the End of Year 5
$709,000
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 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $363,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $14,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $98,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $42,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $461,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $268,000 |
| total expense investment | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $268,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $16,000 | $11,000 | $13,000 | $15,000 | $17,000 | $19,000 | $22,000 | $24,000 | $27,000 | $29,000 | $193,000 |
| cumulative roi | $159 | $150 | $149 | $151 | $154 | $157 | $160 | $164 | $168 | $172 | $2,000 |
Trailside at the Lake and The Henson
Address: Victoria, British Columbia
Price Range: $480,000 - $590,000
Avail. suites: 15
1.5—2 bd
623—993 SqFt