Suite number:
B4
Project:
Address:
Vancouver, British Columbia
Developer:
Wesgroup Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
598 sqft
Occupancy Date:
Jan 2025
$713,500
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.63%
Cumulative Return on Investment in Year 5
95.13%
Property Price at the End of Year 5
$919,000
Deposit Schedule
$5 at Signing
Total up to 5% in 180 days
$35,675
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 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $471,000 |
rent income | $15,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $215,000 |
mortgage principal reduction | $8,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $119,000 |
deposit interest | $269 | - | - | - | - | - | - | - | - | - | $269 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $66,000 | $68,000 | $71,000 | $75,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $810,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $36,000 | - | - | - | - | - | - | - | - | - | $36,000 |
remaining balance payment | $107,000 | - | - | - | - | - | - | - | - | - | $107,000 |
closing cost | $32,000 | - | - | - | - | - | - | - | - | - | $32,000 |
operating expense | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $90,000 |
mortgage payment | $27,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $322,000 |
total expense investment | $209,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $587,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$143,196 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $48,000 | $52,000 | $56,000 | $223,000 |
cumulative roi | $26 | $47 | $65 | $80 | $95 | $109 | $122 | $135 | $148 | $161 | $989 |
ACE condos
Address: Vancouver, British Columbia
Price Range: $714,000 - $1,199,000
Avail. suites: 11
1—3.5 bd
510—1008 SqFt