Suite number:
Beachside Home 2
Project:
Address:
West Vancouver, British Columbia
Developer:
Brimming Development
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
2022 sqft
Occupancy Date:
Sep 2027
$3,590,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
28.33%
Cumulative Return on Investment in Year 5
123.34%
Property Price at the End of Year 5
$4,625,000
Deposit Schedule
$5 at Signing
Total up to 5% in 7 days
$179,495
5% in 15 days
$179,500
5% on Occupancy
$179,500
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 | $186,000 | $196,000 | $207,000 | $217,000 | $229,000 | $241,000 | $253,000 | $266,000 | $280,000 | $295,000 | $2,369,000 |
rent income | - | - | - | $71,000 | $74,000 | $77,000 | $81,000 | $84,000 | $88,000 | $91,000 | $566,000 |
mortgage principal reduction | - | - | - | $51,000 | $53,000 | $55,000 | $57,000 | $59,000 | $62,000 | $64,000 | $400,000 |
deposit interest | $26,000 | $28,000 | $27,000 | - | - | - | - | - | - | - | $81,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $213,000 | $224,000 | $233,000 | $344,000 | $355,000 | $372,000 | $391,000 | $409,000 | $429,000 | $450,000 | $3,422,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $539,000 | - | - | - | - | - | - | - | - | - | $539,000 |
remaining balance payment | - | - | $180,000 | - | - | - | - | - | - | - | $180,000 |
closing cost | - | - | $118,000 | - | - | - | - | - | - | - | $118,000 |
operating expense | - | - | - | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $225,000 |
mortgage payment | - | - | - | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $165,000 | $1,152,000 |
total expense investment | $539,000 | - | $297,000 | $194,000 | $195,000 | $196,000 | $197,000 | $198,000 | $199,000 | $200,000 | $2,212,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$325,969 | $224,000 | -$63,610 | $150,000 | $161,000 | $177,000 | $194,000 | $212,000 | $231,000 | $250,000 | $1,209,000 |
cumulative roi | $39 | $81 | $89 | $108 | $123 | $137 | $149 | $161 | $172 | $183 | $1,000 |
Pierwell is a luxury mixed-use project in Dundarave, West Vancouver. Nestled between the majestic mountains and the serene waters of the Pacific Ocean, this charming location offers a unique blend of natural beauty and urban sophistication. Pierwell...
Address: West Vancouver, British Columbia
Price Range: $1,490,000 - $4,990,000
Avail. suites: 26
1—3 bd
691—4287 SqFt