Suite number:
E2 - Penthouse
Project:
Address:
Vancouver, British Columbia
Developer:
Forme Development
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
3.5
Size:
2678 sqft
Occupancy Date:
Mar 2025
Price, CAD
$3,274,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.26%
Cumulative Return on Investment in Year 5
96.48%
Property Price at the End of Year 5
$4,220,000
Deposit Schedule
$20 at Signing
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 | $170,000 | $179,000 | $188,000 | $198,000 | $209,000 | $219,000 | $231,000 | $243,000 | $255,000 | $269,000 | $2,162,000 |
| rent income | $78,000 | $97,000 | $101,000 | $105,000 | $110,000 | $115,000 | $120,000 | $125,000 | $130,000 | $136,000 | $1,116,000 |
| mortgage principal reduction | $34,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $61,000 | $495,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $289,000 | $318,000 | $334,000 | $350,000 | $367,000 | $385,000 | $404,000 | $423,000 | $444,000 | $466,000 | $3,780,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $655,000 | - | - | - | - | - | - | - | - | - | $655,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $103,000 | - | - | - | - | - | - | - | - | - | $103,000 |
| operating expense | $26,000 | $32,000 | $32,000 | $33,000 | $34,000 | $35,000 | $36,000 | $37,000 | $38,000 | $38,000 | $340,000 |
| mortgage payment | $137,000 | $164,000 | $164,000 | $164,000 | $164,000 | $164,000 | $164,000 | $164,000 | $164,000 | $164,000 | $1,613,000 |
| total expense investment | $921,000 | $196,000 | $196,000 | $197,000 | $198,000 | $199,000 | $200,000 | $201,000 | $202,000 | $202,000 | $2,711,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$631,361 | $122,000 | $137,000 | $153,000 | $169,000 | $186,000 | $204,000 | $223,000 | $243,000 | $263,000 | $1,069,000 |
| cumulative roi | $25 | $46 | $65 | $81 | $96 | $111 | $125 | $139 | $153 | $168 | $1,000 |
SOTO on W28
Address: Vancouver, British Columbia
Price Range: $1,800,000 - $3,325,000
Avail. suites: 5
2—4 bd
1045—2787 SqFt