Suite number:
Beachside Home 6
Project:
Address:
West Vancouver, British Columbia
Developer:
Brimming Development
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3
Size:
2190 sqft
Occupancy Date:
Dec 2027
Price, CAD
$2,990,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.25%
Cumulative Return on Investment in Year 5
111.78%
Property Price at the End of Year 5
$3,852,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 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 | - | - | $57,000 | $79,000 | $82,000 | $86,000 | $90,000 | $93,000 | $97,000 | $102,000 | $687,000 |
mortgage principal reduction | - | - | $28,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $338,000 |
deposit interest | $19,000 | $23,000 | $5,000 | - | - | - | - | - | - | - | $48,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $174,000 | $187,000 | $267,000 | $298,000 | $313,000 | $328,000 | $344,000 | $361,000 | $379,000 | $398,000 | $3,050,000 |
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 | - | - | $23,000 | $31,000 | $32,000 | $32,000 | $33,000 | $34,000 | $35,000 | $35,000 | $254,000 |
mortgage payment | - | - | $112,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $1,160,000 |
total expense investment | $449,000 | - | $374,000 | $181,000 | $181,000 | $182,000 | $183,000 | $184,000 | $184,000 | $185,000 | $2,102,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$274,058 | $187,000 | -$106,991 | $118,000 | $132,000 | $146,000 | $162,000 | $178,000 | $195,000 | $213,000 | $948,000 |
cumulative roi | $39 | $81 | $80 | $97 | $112 | $125 | $138 | $150 | $162 | $173 | $1,000 |
Pierwell
Address: West Vancouver, British Columbia
Price Range: $2,690,000 - $4,990,000
Avail. suites: 22
1—3 bd
691—4287 SqFt