Suite number:
E6 - Penthouse
Project:
Address:
Vancouver, British Columbia
Developer:
Forme Development
Property type:
condo
Bathrooms:
2.5
Bedrooms:
3.5
Size:
2604 sqft
Occupancy Date:
Mar 2025
Price, CAD
$3,324,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.85%
Cumulative Return on Investment in Year 5
94.64%
Property Price at the End of Year 5
$4,283,000
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 | $172,000 | $182,000 | $191,000 | $201,000 | $212,000 | $223,000 | $234,000 | $247,000 | $259,000 | $273,000 | $2,194,000 |
| rent income | $52,000 | $81,000 | $84,000 | $88,000 | $92,000 | $96,000 | $100,000 | $104,000 | $109,000 | $113,000 | $918,000 |
| mortgage principal reduction | $28,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $55,000 | $58,000 | $61,000 | $63,000 | $508,000 |
| deposit interest | $9,000 | - | - | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $267,000 | $307,000 | $322,000 | $338,000 | $354,000 | $371,000 | $389,000 | $408,000 | $428,000 | $449,000 | $3,634,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $665,000 | - | - | - | - | - | - | - | - | - | $665,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $104,000 | - | - | - | - | - | - | - | - | - | $104,000 |
| operating expense | $20,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $36,000 | $37,000 | $39,000 | $327,000 |
| mortgage payment | $108,000 | $162,000 | $162,000 | $162,000 | $162,000 | $162,000 | $162,000 | $162,000 | $162,000 | $162,000 | $1,563,000 |
| total expense investment | $897,000 | $192,000 | $193,000 | $194,000 | $195,000 | $196,000 | $197,000 | $198,000 | $199,000 | $200,000 | $2,659,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$629,256 | $115,000 | $129,000 | $144,000 | $159,000 | $176,000 | $193,000 | $210,000 | $229,000 | $249,000 | $975,000 |
| cumulative roi | $26 | $47 | $65 | $80 | $95 | $108 | $121 | $133 | $145 | $157 | $977 |
SOTO on W28
Address: Vancouver, British Columbia
Price Range: $1,250,000 - $3,325,000
Avail. suites: 8
2—4 bd
1045—2787 SqFt