How the engine works.
A high-level overview of the analysis pipeline — what it looks at, what it ignores, and why the output is different from a manual search.
Nightly candidate scan
Nightly, our engine pulls all active condo listings across Greater Victoria and filters to investable ownership types. Fractional ownership, co-ops, and hotel strata units are excluded automatically, leaving only listings a conventional investor can actually purchase and rent.
Fair value estimation
We estimate each listing's market value using a tiered comparable sales analysis against the VREB transaction history. Comps are weighted by recency, proximity, and physical similarity. Outliers are trimmed statistically before the median is calculated. The gap between list price and estimated fair value is the primary value signal — we're looking for listings priced below what the data says they should sell for.
Rental income modeling
Market rent is estimated from active and recent rental listings in the same building and submarket, adjusted for utility inclusion differences between the comparable units and the subject property. Strata fees that include heat, water, or other utilities are normalized so the income model reflects what a tenant actually pays out of pocket — not just what the landlord collects in rent.
Full carrying cost underwriting
The engine models the complete monthly cost stack: mortgage (standard Canadian compounding, 20% down), strata fees net of utility inclusions, property taxes prorated monthly, and insurance. Cash flow, cap rate, and break-even rent are derived from this model — not estimated from rules of thumb. Every number reflects the actual cost of owning and operating the specific unit.
Composite deal score
A proprietary score from 0 to 100 combines undervaluation depth, rental yield quality, data confidence, and market liquidity signals. Risk factors — leasehold tenure, age restrictions, unusually high strata fees, or thin comparable data — reduce the score automatically. Only listings that clear our minimum threshold appear in the portal. Most days, one to four listings qualify.
What this is, and what it is not.
The engine is a research and screening tool. It surfaces listings that, based on available data, appear to offer a measurable advantage over the rest of the market. It does not replace a current CMA, a building inspection, a strata document review, or legal and financial advice.
All figures are model outputs based on publicly available listing data and market rental comps. They are estimates. Property condition, strata financial health, pending special levies, and many other material factors are not visible to automated analysis and must be investigated through due diligence.
Nothing on this page or in the investor portal constitutes financial, investment, or legal advice.