Suite number:
E Unit
Project:
Address:
Victoria, British Columbia
Developer:
Terracap
Property type:
condo
Bathrooms:
3
Bedrooms:
2.5
Size:
2046 sqft
Occupancy Date:
Aug 2024
Price, CAD
$2,362,395
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.49%
Cumulative Return on Investment in Year 5
144.35%
Property Price at the End of Year 5
$3,043,000
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 | $122,000 | $129,000 | $136,000 | $143,000 | $150,000 | $158,000 | $166,000 | $175,000 | $184,000 | $194,000 | $1,559,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $39,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $380,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $162,000 | $160,000 | $169,000 | $177,000 | $186,000 | $196,000 | $206,000 | $216,000 | $228,000 | $239,000 | $1,939,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $1,183,000 |
| total expense investment | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $118,000 | $1,183,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $43,000 | $42,000 | $50,000 | $59,000 | $68,000 | $78,000 | $88,000 | $98,000 | $109,000 | $121,000 | $756,000 |
| cumulative roi | $137 | $136 | $138 | $141 | $144 | $148 | $152 | $156 | $160 | $164 | $1,000 |
One Bear Mountain
Address: Victoria, British Columbia
Price Range: $924,000 - $4,567,000
Avail. suites: 16
2—3.5 bd
1184—4133 SqFt