Suite number:
D Unit 1606
Project:
Address:
Victoria, British Columbia
Developer:
Terracap
Property type:
condo
Bathrooms:
3
Bedrooms:
2.5
Size:
1873 sqft
Occupancy Date:
Aug 2024
Price, CAD
$1,679,895
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
$2,164,000
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 | $87,000 | $92,000 | $97,000 | $102,000 | $107,000 | $113,000 | $118,000 | $125,000 | $131,000 | $138,000 | $1,109,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $28,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $270,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $115,000 | $114,000 | $120,000 | $126,000 | $132,000 | $139,000 | $146,000 | $154,000 | $162,000 | $170,000 | $1,379,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $841,000 |
| total expense investment | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $84,000 | $841,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $31,000 | $30,000 | $36,000 | $42,000 | $48,000 | $55,000 | $62,000 | $70,000 | $78,000 | $86,000 | $537,000 |
| 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