Suite number:
E6 - Penthouse
Project:
Address:
Vancouver, British Columbia
Developer:
Forme Development
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
3.5
Size:
2604 sqft
Occupancy Date:
Mar 2025
Price, CAD
$3,324,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.96%
Cumulative Return on Investment in Year 5
95.12%
Property Price at the End of Year 5
$4,284,000
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 | $173,000 | $182,000 | $191,000 | $201,000 | $212,000 | $223,000 | $234,000 | $247,000 | $259,000 | $273,000 | $2,195,000 |
| rent income | $76,000 | $94,000 | $98,000 | $102,000 | $107,000 | $111,000 | $116,000 | $121,000 | $126,000 | $132,000 | $1,085,000 |
| mortgage principal reduction | $34,000 | $43,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $62,000 | $502,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $290,000 | $319,000 | $334,000 | $351,000 | $368,000 | $386,000 | $405,000 | $425,000 | $445,000 | $467,000 | $3,790,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $665,000 | - | - | - | - | - | - | - | - | - | $665,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $106,000 | - | - | - | - | - | - | - | - | - | $106,000 |
| operating expense | $25,000 | $31,000 | $32,000 | $33,000 | $34,000 | $34,000 | $35,000 | $36,000 | $37,000 | $38,000 | $336,000 |
| mortgage payment | $139,000 | $167,000 | $167,000 | $167,000 | $167,000 | $167,000 | $167,000 | $167,000 | $167,000 | $167,000 | $1,637,000 |
| total expense investment | $935,000 | $198,000 | $198,000 | $199,000 | $200,000 | $201,000 | $202,000 | $203,000 | $203,000 | $204,000 | $2,744,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$644,586 | $121,000 | $136,000 | $151,000 | $168,000 | $185,000 | $203,000 | $222,000 | $242,000 | $263,000 | $1,046,000 |
| cumulative roi | $25 | $46 | $64 | $80 | $95 | $109 | $123 | $137 | $150 | $164 | $993 |
SOTO on W28
Address: Vancouver, British Columbia
Price Range: $1,800,000 - $3,325,000
Avail. suites: 5
2—4 bd
1045—2787 SqFt