Suite number:
E4 - Penthouse
Project:
Address:
Vancouver, British Columbia
Developer:
Forme Development
Property type:
condo
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
21.42%
Cumulative Return on Investment in Year 5
97.22%
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 | $167,000 | $176,000 | $186,000 | $195,000 | $205,000 | $216,000 | $227,000 | $239,000 | $252,000 | $265,000 | $2,128,000 |
| rent income | $56,000 | $86,000 | $90,000 | $94,000 | $98,000 | $102,000 | $107,000 | $111,000 | $116,000 | $121,000 | $983,000 |
| mortgage principal reduction | $28,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $61,000 | $493,000 |
| deposit interest | $9,000 | - | - | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $265,000 | $306,000 | $321,000 | $336,000 | $353,000 | $370,000 | $388,000 | $407,000 | $426,000 | $447,000 | $3,617,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $645,000 | - | - | - | - | - | - | - | - | - | $645,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $99,000 | - | - | - | - | - | - | - | - | - | $99,000 |
| operating expense | $20,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $36,000 | $38,000 | $39,000 | $40,000 | $338,000 |
| mortgage payment | $105,000 | $157,000 | $157,000 | $157,000 | $157,000 | $157,000 | $157,000 | $157,000 | $157,000 | $157,000 | $1,516,000 |
| total expense investment | $869,000 | $188,000 | $189,000 | $190,000 | $191,000 | $192,000 | $193,000 | $194,000 | $196,000 | $197,000 | $2,599,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$604,355 | $118,000 | $132,000 | $146,000 | $162,000 | $178,000 | $194,000 | $212,000 | $231,000 | $250,000 | $1,018,000 |
| cumulative roi | $26 | $48 | $66 | $82 | $97 | $111 | $125 | $138 | $151 | $164 | $1,000 |
SOTO on W28
Address: Vancouver, British Columbia
Price Range: $1,250,000 - $3,325,000
Avail. suites: 8
2—4 bd
1045—2787 SqFt