Suite number:
E4 - Penthouse
Project:
Address:
Vancouver, British Columbia
Developer:
Forme Development
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
3.5
Size:
2787 sqft
Occupancy Date:
Mar 2025
Price, CAD
$3,224,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.66%
Cumulative Return on Investment in Year 5
98.34%
Property Price at the End of Year 5
$4,155,000
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 | $168,000 | $176,000 | $186,000 | $195,000 | $205,000 | $216,000 | $227,000 | $239,000 | $252,000 | $265,000 | $2,129,000 |
| rent income | $81,000 | $101,000 | $105,000 | $110,000 | $114,000 | $119,000 | $124,000 | $130,000 | $135,000 | $141,000 | $1,161,000 |
| mortgage principal reduction | $33,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $487,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $289,000 | $319,000 | $334,000 | $350,000 | $368,000 | $385,000 | $404,000 | $424,000 | $445,000 | $466,000 | $3,785,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $645,000 | - | - | - | - | - | - | - | - | - | $645,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $101,000 | - | - | - | - | - | - | - | - | - | $101,000 |
| operating expense | $26,000 | $32,000 | $33,000 | $34,000 | $35,000 | $36,000 | $37,000 | $37,000 | $38,000 | $39,000 | $348,000 |
| mortgage payment | $135,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $161,000 | $1,588,000 |
| total expense investment | $907,000 | $194,000 | $195,000 | $195,000 | $196,000 | $197,000 | $198,000 | $199,000 | $200,000 | $201,000 | $2,682,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$617,350 | $125,000 | $139,000 | $155,000 | $171,000 | $188,000 | $206,000 | $225,000 | $245,000 | $265,000 | $1,103,000 |
| cumulative roi | $25 | $47 | $65 | $82 | $98 | $114 | $128 | $143 | $158 | $173 | $1,000 |
SOTO on W28
Address: Vancouver, British Columbia
Price Range: $1,800,000 - $3,325,000
Avail. suites: 5
2—4 bd
1045—2787 SqFt