Suite number:
Beachside Home 3 & 4
Project:
Address:
West Vancouver, British Columbia
Developer:
Brimming Development
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3
Size:
1734 sqft
Occupancy Date:
Sep 2027
Price, CAD
$2,990,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.66%
Cumulative Return on Investment in Year 5
113.60%
Property Price at the End of Year 5
$3,852,000
Deposit Schedule
$5 at Signing
Total up to 5% in 15 days
$149,500
5% in 90 days
$149,500
5% on Occupancy
$149,500
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 | $155,000 | $164,000 | $172,000 | $181,000 | $190,000 | $200,000 | $211,000 | $222,000 | $233,000 | $245,000 | $1,973,000 |
rent income | - | - | $25,000 | $62,000 | $64,000 | $67,000 | $70,000 | $73,000 | $76,000 | $79,000 | $517,000 |
mortgage principal reduction | - | - | $15,000 | $38,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $320,000 |
deposit interest | $22,000 | $23,000 | $13,000 | - | - | - | - | - | - | - | $58,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $177,000 | $187,000 | $230,000 | $280,000 | $294,000 | $309,000 | $324,000 | $340,000 | $357,000 | $375,000 | $2,873,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $449,000 | - | - | - | - | - | - | - | - | - | $449,000 |
remaining balance payment | - | - | $150,000 | - | - | - | - | - | - | - | $150,000 |
closing cost | - | - | $89,000 | - | - | - | - | - | - | - | $89,000 |
operating expense | - | - | $10,000 | $25,000 | $26,000 | $26,000 | $27,000 | $27,000 | $28,000 | $29,000 | $198,000 |
mortgage payment | - | - | $62,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $1,111,000 |
total expense investment | $449,000 | - | $311,000 | $175,000 | $175,000 | $176,000 | $177,000 | $177,000 | $178,000 | $179,000 | $1,996,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$271,490 | $187,000 | -$81,098 | $106,000 | $119,000 | $133,000 | $147,000 | $163,000 | $179,000 | $196,000 | $877,000 |
cumulative roi | $39 | $81 | $85 | $100 | $114 | $125 | $136 | $146 | $156 | $166 | $1,000 |
Pierwell
Address: West Vancouver, British Columbia
Price Range: $2,690,000 - $4,990,000
Avail. suites: 24
1—3 bd
691—4287 SqFt