Suite number:
Penthouse 2
Project:
Address:
West Vancouver, British Columbia
Developer:
Brimming Development
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3
Size:
3393 sqft
Occupancy Date:
Dec 2027
Price, CAD
$4,990,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.26%
Cumulative Return on Investment in Year 5
107.17%
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 | - | - | $89,000 | $122,000 | $128,000 | $133,000 | $139,000 | $145,000 | $151,000 | $157,000 | $1,064,000 |
| 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 | $435,000 | $488,000 | $512,000 | $538,000 | $564,000 | $592,000 | $621,000 | $652,000 | $5,004,000 |
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 | - | - | $36,000 | $49,000 | $50,000 | $51,000 | $52,000 | $54,000 | $55,000 | $56,000 | $403,000 |
| 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 | - | $662,000 | $299,000 | $300,000 | $301,000 | $302,000 | $303,000 | $305,000 | $306,000 | $3,526,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$457,375 | $312,000 | -$226,985 | $190,000 | $212,000 | $236,000 | $262,000 | $288,000 | $316,000 | $346,000 | $1,478,000 |
| cumulative roi | $39 | $81 | $77 | $93 | $107 | $120 | $132 | $143 | $155 | $166 | $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