Suite number:
208 B2
Project:
Address:
White Rock, British Columbia
Developer:
Solterra Group of Companies
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1490 sqft
Occupancy Date:
Sep 2024
Price, CAD
$1,345,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
97.45%
Cumulative Return on Investment in Year 5
447.64%
Property Price at the End of Year 5
$1,734,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$57,295
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 | $70,000 | $74,000 | $77,000 | $81,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $110,000 | $888,000 |
| rent income | $54,000 | $57,000 | $59,000 | $62,000 | $64,000 | $67,000 | $70,000 | $73,000 | $76,000 | $79,000 | $662,000 |
| mortgage principal reduction | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $228,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $148,000 | $150,000 | $157,000 | $165,000 | $172,000 | $180,000 | $189,000 | $198,000 | $207,000 | $217,000 | $1,783,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $19,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $24,000 | $25,000 | $219,000 |
| mortgage payment | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $62,000 | $617,000 |
| total expense investment | $81,000 | $81,000 | $82,000 | $82,000 | $83,000 | $84,000 | $85,000 | $85,000 | $86,000 | $87,000 | $836,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $68,000 | $69,000 | $75,000 | $82,000 | $89,000 | $97,000 | $104,000 | $113,000 | $121,000 | $130,000 | $948,000 |
| cumulative roi | $390 | $386 | $400 | $422 | $448 | $478 | $513 | $553 | $599 | $653 | $5,000 |
Located at the crest of the hill in White Rock's Lower Johnston Road neighbourhood, Monaco offers the perfect combination of proximity to urban conveniences and a quiet, sophisticated setting. Monaco will be the last of its kind with unobstructed vie...
Address: White Rock, British Columbia
Price Range: $830,000 - $2,679,000
Avail. suites: 3
2—3 bd
830—2215 SqFt