Suite number:
A4
Project:
Address:
White Rock, British Columbia
Developer:
Mortise Group of Companies
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
704 sqft
Occupancy Date:
Sep 2026
$575,000
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.55%
Cumulative Return on Investment in Year 5
108.55%
Property Price at the End of Year 5
$741,000
Deposit Schedule
$5 at Signing
Total up to 5% in 180 days
$28,750
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 | $30,000 | $31,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $379,000 |
rent income | - | $3,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $197,000 |
mortgage principal reduction | - | $1,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $72,000 |
deposit interest | $1,000 | $1,000 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $31,000 | $42,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $81,000 | $85,000 | $655,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $29,000 | - | - | - | - | - | - | - | - | - | $29,000 |
remaining balance payment | - | $86,000 | - | - | - | - | - | - | - | - | $86,000 |
closing cost | - | $30,000 | - | - | - | - | - | - | - | - | $30,000 |
operating expense | - | $1,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $60,000 |
mortgage payment | - | $5,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $228,000 |
total expense investment | $29,000 | $122,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $433,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$79,254 | $27,000 | $29,000 | $32,000 | $35,000 | $39,000 | $42,000 | $45,000 | $49,000 | $222,000 |
cumulative roi | $109 | $49 | $71 | $90 | $109 | $126 | $144 | $161 | $179 | $197 | $1,000 |
Pinnacle by Mortise
Address: White Rock, British Columbia
Price Range: $550,000 - $750,000
Avail. suites: 10
1—2.5 bd
653—966 SqFt