Suite number:
B1
Project:
Address:
White Rock, British Columbia
Developer:
Mortise Group of Companies
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
653 sqft
Occupancy Date:
Sep 2026
$550,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.78%
Cumulative Return on Investment in Year 5
100.88%
Property Price at the End of Year 5
$709,000
Deposit Schedule
$5 at Signing
Total up to 5% in 180 days
$27,500
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 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $363,000 |
rent income | - | $3,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $146,000 |
mortgage principal reduction | - | $1,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $68,000 |
deposit interest | $1,000 | $1,000 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $30,000 | $40,000 | $54,000 | $57,000 | $60,000 | $62,000 | $66,000 | $69,000 | $72,000 | $76,000 | $585,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $28,000 | - | - | - | - | - | - | - | - | - | $28,000 |
remaining balance payment | - | $83,000 | - | - | - | - | - | - | - | - | $83,000 |
closing cost | - | $29,000 | - | - | - | - | - | - | - | - | $29,000 |
operating expense | - | $967 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $53,000 |
mortgage payment | - | $4,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $218,000 |
total expense investment | $28,000 | $117,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $34,000 | $34,000 | $34,000 | $411,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | -$77,028 | $22,000 | $24,000 | $27,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $174,000 |
cumulative roi | $109 | $49 | $68 | $85 | $101 | $115 | $129 | $142 | $155 | $168 | $1,000 |
Pinnacle by Mortise
Address: White Rock, British Columbia
Price Range: $550,000 - $750,000
Avail. suites: 10
1—2.5 bd
653—966 SqFt