Suite number:
Penthouse 1
Project:
Address:
West Vancouver, British Columbia
Developer:
Brimming Development
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3
Size:
4287 sqft
Occupancy Date:
Sep 2027
Price, CAD
$4,990,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.49%
Cumulative Return on Investment in Year 5
117.02%
Property Price at the End of Year 5
$6,429,000
Deposit Schedule
$5 at Signing
Total up to 5% in 15 days
$249,500
5% in 90 days
$249,500
5% on Occupancy
$249,500
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 | $259,000 | $273,000 | $287,000 | $302,000 | $318,000 | $334,000 | $352,000 | $370,000 | $389,000 | $409,000 | $3,293,000 |
rent income | - | - | $62,000 | $152,000 | $159,000 | $166,000 | $173,000 | $180,000 | $188,000 | $196,000 | $1,277,000 |
mortgage principal reduction | - | - | $25,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $83,000 | $535,000 |
deposit interest | $37,000 | $39,000 | $21,000 | - | - | - | - | - | - | - | $97,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $295,000 | $312,000 | $401,000 | $517,000 | $543,000 | $569,000 | $597,000 | $626,000 | $657,000 | $689,000 | $5,207,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $749,000 | - | - | - | - | - | - | - | - | - | $749,000 |
remaining balance payment | - | - | $250,000 | - | - | - | - | - | - | - | $250,000 |
closing cost | - | - | $189,000 | - | - | - | - | - | - | - | $189,000 |
operating expense | - | - | $23,000 | $55,000 | $56,000 | $57,000 | $59,000 | $60,000 | $62,000 | $63,000 | $434,000 |
mortgage payment | - | - | $104,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $1,853,000 |
total expense investment | $749,000 | - | $565,000 | $304,000 | $306,000 | $307,000 | $309,000 | $310,000 | $311,000 | $313,000 | $3,474,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$453,088 | $312,000 | -$163,847 | $213,000 | $237,000 | $262,000 | $288,000 | $316,000 | $346,000 | $376,000 | $1,733,000 |
cumulative roi | $39 | $81 | $82 | $101 | $117 | $132 | $146 | $160 | $174 | $188 | $1,000 |
Pierwell
Address: West Vancouver, British Columbia
Price Range: $2,690,000 - $4,990,000
Avail. suites: 24
1—3 bd
691—4287 SqFt