Suite number:
Penthouse 1
Project:
Address:
West Vancouver, British Columbia
Developer:
Brimming Development
Property type:
condo
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
29.45%
Cumulative Return on Investment in Year 5
128.06%
Property Price at the End of Year 5
$6,429,000
Deposit Schedule
$5 at Signing
Total up to 5% in 7 days
$249,495
5% in 15 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 | - | - | - | $150,000 | $157,000 | $164,000 | $171,000 | $178,000 | $186,000 | $194,000 | $1,199,000 |
| mortgage principal reduction | - | - | - | $70,000 | $73,000 | $76,000 | $79,000 | $82,000 | $86,000 | $89,000 | $557,000 |
| deposit interest | $37,000 | $39,000 | $37,000 | - | - | - | - | - | - | - | $113,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $295,000 | $312,000 | $324,000 | $528,000 | $548,000 | $574,000 | $602,000 | $631,000 | $661,000 | $692,000 | $5,167,000 |
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 | - | - | $188,000 | - | - | - | - | - | - | - | $188,000 |
| operating expense | - | - | - | $54,000 | $56,000 | $58,000 | $59,000 | $61,000 | $63,000 | $65,000 | $417,000 |
| mortgage payment | - | - | - | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $229,000 | $1,601,000 |
| total expense investment | $749,000 | - | $437,000 | $283,000 | $285,000 | $286,000 | $288,000 | $290,000 | $292,000 | $294,000 | $3,204,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$453,088 | $312,000 | -$112,595 | $245,000 | $263,000 | $288,000 | $313,000 | $340,000 | $369,000 | $398,000 | $1,963,000 |
| cumulative roi | $39 | $81 | $87 | $109 | $128 | $146 | $162 | $178 | $194 | $210 | $1,000 |
Pierwell is a luxury mixed-use project in Dundarave, West Vancouver. Nestled between the majestic mountains and the serene waters of the Pacific Ocean, this charming location offers a unique blend of natural beauty and urban sophistication. Pierwell...
Address: West Vancouver, British Columbia
Price Range: $1,490,000 - $4,990,000
Avail. suites: 26
1—3 bd
691—4287 SqFt