Suite number:
B3
Project:
Address:
Vancouver, British Columbia
Developer:
Wesgroup Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
570 sqft
Occupancy Date:
Jan 2025
$741,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.24%
Cumulative Return on Investment in Year 5
88.74%
Property Price at the End of Year 5
$956,000
Deposit Schedule
$5 at Signing
Total up to 5% in 180 days
$37,095
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 | $38,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $490,000 |
rent income | $16,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $207,000 |
mortgage principal reduction | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $117,000 |
deposit interest | $159 | - | - | - | - | - | - | - | - | - | $159 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $68,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $819,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
remaining balance payment | $111,000 | - | - | - | - | - | - | - | - | - | $111,000 |
closing cost | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
operating expense | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $89,000 |
mortgage payment | $33,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $358,000 |
total expense investment | $221,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $628,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$153,262 | $24,000 | $27,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $49,000 | $54,000 | $191,000 |
cumulative roi | $26 | $45 | $61 | $76 | $89 | $101 | $113 | $124 | $135 | $146 | $915 |
ACE condos
Address: Vancouver, British Columbia
Price Range: $719,000 - $1,204,000
Avail. suites: 11
1—3.5 bd
510—1008 SqFt