Suite number:
E8 - Penthouse
Project:
Address:
Vancouver, British Columbia
Developer:
Forme Development
Property type:
condo
Bathrooms:
2.5
Bedrooms:
3.5
Size:
2701 sqft
Occupancy Date:
Mar 2025
Price, CAD
$3,149,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.40%
Cumulative Return on Investment in Year 5
97.15%
Property Price at the End of Year 5
$4,058,000
Deposit Schedule
$20 at Signing
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 | $163,000 | $172,000 | $181,000 | $191,000 | $201,000 | $211,000 | $222,000 | $234,000 | $246,000 | $258,000 | $2,079,000 |
| rent income | $54,000 | $84,000 | $87,000 | $91,000 | $95,000 | $99,000 | $103,000 | $108,000 | $113,000 | $117,000 | $952,000 |
| mortgage principal reduction | $27,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $57,000 | $60,000 | $481,000 |
| deposit interest | $9,000 | - | - | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $258,000 | $298,000 | $312,000 | $328,000 | $344,000 | $360,000 | $378,000 | $396,000 | $416,000 | $436,000 | $3,526,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $630,000 | - | - | - | - | - | - | - | - | - | $630,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $95,000 | - | - | - | - | - | - | - | - | - | $95,000 |
| operating expense | $20,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $36,000 | $38,000 | $39,000 | $329,000 |
| mortgage payment | $102,000 | $153,000 | $153,000 | $153,000 | $153,000 | $153,000 | $153,000 | $153,000 | $153,000 | $153,000 | $1,481,000 |
| total expense investment | $847,000 | $183,000 | $184,000 | $185,000 | $186,000 | $187,000 | $189,000 | $190,000 | $191,000 | $192,000 | $2,535,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$589,062 | $115,000 | $128,000 | $142,000 | $157,000 | $173,000 | $189,000 | $207,000 | $225,000 | $244,000 | $991,000 |
| cumulative roi | $26 | $48 | $66 | $82 | $97 | $111 | $125 | $138 | $151 | $164 | $1,000 |
SOTO on W28
Address: Vancouver, British Columbia
Price Range: $1,250,000 - $3,325,000
Avail. suites: 8
2—4 bd
1045—2787 SqFt