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:
Dec 2027
Price, CAD
$4,990,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.29%
Cumulative Return on Investment in Year 5
111.74%
Property Price at the End of Year 5
$6,429,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 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 | - | - | $112,000 | $155,000 | $161,000 | $168,000 | $175,000 | $183,000 | $191,000 | $199,000 | $1,344,000 |
mortgage principal reduction | - | - | $46,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $563,000 |
deposit interest | $32,000 | $39,000 | $8,000 | - | - | - | - | - | - | - | $79,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $291,000 | $312,000 | $458,000 | $520,000 | $546,000 | $573,000 | $601,000 | $630,000 | $661,000 | $693,000 | $5,285,000 |
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 | - | - | $42,000 | $58,000 | $59,000 | $60,000 | $62,000 | $63,000 | $65,000 | $66,000 | $476,000 |
mortgage payment | - | - | $187,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $1,937,000 |
total expense investment | $749,000 | - | $668,000 | $308,000 | $309,000 | $310,000 | $312,000 | $313,000 | $315,000 | $316,000 | $3,600,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$457,375 | $312,000 | -$210,089 | $213,000 | $237,000 | $262,000 | $289,000 | $317,000 | $346,000 | $377,000 | $1,685,000 |
cumulative roi | $39 | $81 | $78 | $96 | $112 | $126 | $141 | $154 | $168 | $181 | $1,000 |
Pierwell
Address: West Vancouver, British Columbia
Price Range: $2,690,000 - $4,990,000
Avail. suites: 22
1—3 bd
691—4287 SqFt