Suite number:
B2
Project:
Address:
Vancouver, British Columbia
Developer:
Wesgroup Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
559 sqft
Occupancy Date:
Jan 2025
$721,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.29%
Cumulative Return on Investment in Year 5
93.54%
Property Price at the End of Year 5
$930,000
Deposit Schedule
$5 at Signing
Total up to 5% in 180 days
$36,095
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 | $37,000 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $476,000 |
rent income | $14,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $201,000 |
mortgage principal reduction | $8,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $120,000 |
deposit interest | $273 | - | - | - | - | - | - | - | - | - | $273 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $65,000 | $67,000 | $71,000 | $74,000 | $78,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $803,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $36,000 | - | - | - | - | - | - | - | - | - | $36,000 |
remaining balance payment | $108,000 | - | - | - | - | - | - | - | - | - | $108,000 |
closing cost | $32,000 | - | - | - | - | - | - | - | - | - | $32,000 |
operating expense | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $86,000 |
mortgage payment | $28,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $325,000 |
total expense investment | $211,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $588,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$145,514 | $27,000 | $30,000 | $33,000 | $36,000 | $39,000 | $43,000 | $47,000 | $51,000 | $55,000 | $215,000 |
cumulative roi | $26 | $46 | $64 | $79 | $94 | $107 | $120 | $132 | $144 | $156 | $969 |
ACE condos
Address: Vancouver, British Columbia
Price Range: $714,000 - $1,199,000
Avail. suites: 11
1—3.5 bd
510—1008 SqFt