Suite number:
E2 - Penthouse
Project:
Address:
Vancouver, British Columbia
Developer:
Forme Development
Property type:
condo
Bathrooms:
2.5
Bedrooms:
3.5
Size:
2678 sqft
Occupancy Date:
Mar 2025
Price, CAD
$3,274,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.09%
Cumulative Return on Investment in Year 5
95.73%
Property Price at the End of Year 5
$4,219,000
Deposit Schedule
$20 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $2,161,000 |
| rent income | $54,000 | $83,000 | $87,000 | $90,000 | $94,000 | $98,000 | $103,000 | $107,000 | $112,000 | $116,000 | $944,000 |
| mortgage principal reduction | $28,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $57,000 | $60,000 | $62,000 | $500,000 |
| deposit interest | $9,000 | - | - | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $266,000 | $306,000 | $321,000 | $336,000 | $353,000 | $370,000 | $388,000 | $407,000 | $427,000 | $447,000 | $3,620,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $655,000 | - | - | - | - | - | - | - | - | - | $655,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $102,000 | - | - | - | - | - | - | - | - | - | $102,000 |
| operating expense | $20,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $38,000 | $39,000 | $331,000 |
| mortgage payment | $106,000 | $159,000 | $159,000 | $159,000 | $159,000 | $159,000 | $159,000 | $159,000 | $159,000 | $159,000 | $1,540,000 |
| total expense investment | $883,000 | $190,000 | $191,000 | $192,000 | $193,000 | $194,000 | $195,000 | $196,000 | $197,000 | $198,000 | $2,628,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$617,071 | $116,000 | $130,000 | $145,000 | $160,000 | $176,000 | $193,000 | $211,000 | $229,000 | $249,000 | $992,000 |
| cumulative roi | $26 | $47 | $65 | $81 | $96 | $109 | $122 | $135 | $148 | $160 | $990 |
SOTO on W28
Address: Vancouver, British Columbia
Price Range: $1,250,000 - $3,325,000
Avail. suites: 8
2—4 bd
1045—2787 SqFt