Suite number:
C1 707
Project:
Address:
Vancouver, British Columbia
Developer:
Gryphon Development
Property type:
condo
Bathrooms:
1.5
Bedrooms:
1
Size:
539 sqft
Occupancy Date:
Jun 2024
Price, CAD
$1,079,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
35.59%
Cumulative Return on Investment in Year 5
164.38%
Property Price at the End of Year 5
$1,390,000
Deposit Schedule
$20,000 at Signing
Total up to 25% in 817 days
$269,750
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 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $712,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $21,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $189,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $77,000 | $75,000 | $79,000 | $82,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $901,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $486,000 |
| total expense investment | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $486,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $29,000 | $26,000 | $30,000 | $34,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $62,000 | $415,000 |
| cumulative roi | $159 | $156 | $158 | $161 | $164 | $168 | $172 | $176 | $181 | $185 | $2,000 |
Gryphon Nova
Address: Vancouver, British Columbia
Price Range: $845,000 - $1,366,000
Avail. suites: 5
1—2 bd
0—809 SqFt