Suite number:
E8 - Penthouse
Project:
Address:
Vancouver, British Columbia
Developer:
Forme Development
Property type:
condo
Floor plan:
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
21.64%
Cumulative Return on Investment in Year 5
98.22%
Property Price at the End of Year 5
$4,059,000
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 | $164,000 | $172,000 | $181,000 | $191,000 | $201,000 | $211,000 | $222,000 | $234,000 | $246,000 | $258,000 | $2,080,000 |
| rent income | $79,000 | $98,000 | $102,000 | $106,000 | $111,000 | $116,000 | $121,000 | $126,000 | $131,000 | $137,000 | $1,125,000 |
| mortgage principal reduction | $32,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $476,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $282,000 | $310,000 | $326,000 | $341,000 | $358,000 | $376,000 | $394,000 | $413,000 | $433,000 | $454,000 | $3,688,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $630,000 | - | - | - | - | - | - | - | - | - | $630,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $97,000 | - | - | - | - | - | - | - | - | - | $97,000 |
| operating expense | $26,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $36,000 | $36,000 | $37,000 | $38,000 | $338,000 |
| mortgage payment | $131,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $158,000 | $1,551,000 |
| total expense investment | $884,000 | $189,000 | $190,000 | $191,000 | $192,000 | $192,000 | $193,000 | $194,000 | $195,000 | $196,000 | $2,617,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$601,946 | $121,000 | $136,000 | $151,000 | $167,000 | $183,000 | $201,000 | $219,000 | $238,000 | $258,000 | $1,071,000 |
| cumulative roi | $26 | $47 | $65 | $82 | $98 | $113 | $128 | $143 | $158 | $173 | $1,000 |
SOTO on W28
Address: Vancouver, British Columbia
Price Range: $1,800,000 - $3,325,000
Avail. suites: 5
2—4 bd
1045—2787 SqFt