Suite number:
Gage
Address:
Calgary, Alberta
Developer:
Homes by Avi
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
792 sqft
Occupancy Date:
Jan 2027
Price, CAD
$600,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.45%
Cumulative Return on Investment in Year 5
105.16%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$5 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
| rent income | - | $15,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $236,000 |
| mortgage principal reduction | - | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $78,000 |
| deposit interest | $2,000 | $518 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $33,000 | $59,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $83,000 | $87,000 | $92,000 | $717,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| remaining balance payment | - | $90,000 | - | - | - | - | - | - | - | - | $90,000 |
| closing cost | - | $22,000 | - | - | - | - | - | - | - | - | $22,000 |
| operating expense | - | $7,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $100,000 |
| mortgage payment | - | $20,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $260,000 |
| total expense investment | $30,000 | $139,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $43,000 | $502,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | -$80,430 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $49,000 | $215,000 |
| cumulative roi | $109 | $51 | $71 | $89 | $105 | $121 | $136 | $152 | $167 | $183 | $1,000 |
Sovereign on 17th By Homes by Avi
Address: Calgary, Alberta
Price Range: $300,000 - $800,000
Avail. suites: 10
0—2 bd
462—1452 SqFt