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
25.06%
Cumulative Return on Investment in Year 5
110.59%
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)
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 | $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 | - | - | $59,000 | $121,000 | $126,000 | $132,000 | $137,000 | $143,000 | $149,000 | $156,000 | $1,024,000 |
| mortgage principal reduction | - | - | $30,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $542,000 |
| deposit interest | $32,000 | $39,000 | $19,000 | - | - | - | - | - | - | - | $91,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $291,000 | $312,000 | $401,000 | $486,000 | $510,000 | $535,000 | $562,000 | $589,000 | $619,000 | $649,000 | $4,954,000 |
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 | - | - | $24,000 | $49,000 | $50,000 | $51,000 | $52,000 | $53,000 | $55,000 | $56,000 | $389,000 |
| mortgage payment | - | - | $125,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $1,874,000 |
| total expense investment | $749,000 | - | $587,000 | $298,000 | $300,000 | $301,000 | $302,000 | $303,000 | $304,000 | $306,000 | $3,450,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$457,375 | $312,000 | -$186,306 | $188,000 | $211,000 | $235,000 | $260,000 | $286,000 | $314,000 | $343,000 | $1,505,000 |
| cumulative roi | $39 | $81 | $80 | $96 | $111 | $123 | $135 | $147 | $158 | $169 | $1,000 |
Pierwell
Address: West Vancouver, British Columbia
Price Range: $2,690,000 - $4,990,000
Avail. suites: 24
1—3 bd
691—4287 SqFt