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:
Sep 2027
Price, CAD
$4,990,000
Available
ROI
16,42%
Monthly Expenses
- condo fees— $1,663
- property taxes— $1,248
- property management— $611
- repairs and maintenance— $305
Total: $3,826
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.47%
Cumulative Return on Investment in Year 5
112.53%
Property Price at the End of Year 5
$6,429,000
Deposit Schedule
$5 at Signing
Total up to 5% in 15 days
$249,500
5% in 90 days
$249,500
5% on Occupancy
$249,500
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | - | - | $49,000 | $121,000 | $126,000 | $131,000 | $137,000 | $143,000 | $149,000 | $155,000 | $1,011,000 |
| mortgage principal reduction | - | - | $25,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $83,000 | $535,000 |
| deposit interest | $37,000 | $39,000 | $21,000 | - | - | - | - | - | - | - | $97,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $295,000 | $312,000 | $388,000 | $485,000 | $509,000 | $535,000 | $561,000 | $589,000 | $618,000 | $648,000 | $4,941,000 |
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 | - | - | $19,000 | $46,000 | $47,000 | $49,000 | $50,000 | $51,000 | $52,000 | $53,000 | $368,000 |
| mortgage payment | - | - | $104,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $1,853,000 |
| total expense investment | $749,000 | - | $562,000 | $296,000 | $297,000 | $298,000 | $300,000 | $301,000 | $302,000 | $303,000 | $3,408,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$453,088 | $312,000 | -$173,457 | $189,000 | $212,000 | $236,000 | $261,000 | $288,000 | $316,000 | $345,000 | $1,532,000 |
| cumulative roi | $39 | $81 | $82 | $98 | $113 | $125 | $137 | $149 | $160 | $171 | $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
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.