Suite number:
B
Project:
Address:
Vancouver, British Columbia
Developer:
Wesgroup Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
510 sqft
Occupancy Date:
Jan 2025
$766,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.76%
Cumulative Return on Investment in Year 5
86.49%
Property Price at the End of Year 5
$988,000
Deposit Schedule
$5 at Signing
Total up to 5% in 180 days
$38,345
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 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $506,000 |
rent income | $14,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $185,000 |
mortgage principal reduction | $9,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $121,000 |
deposit interest | $164 | - | - | - | - | - | - | - | - | - | $164 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $68,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $100,000 | $818,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
remaining balance payment | $115,000 | - | - | - | - | - | - | - | - | - | $115,000 |
closing cost | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
operating expense | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $83,000 |
mortgage payment | $34,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $370,000 |
total expense investment | $228,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $640,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$159,474 | $23,000 | $27,000 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $53,000 | $178,000 |
cumulative roi | $26 | $44 | $60 | $74 | $86 | $98 | $109 | $120 | $130 | $140 | $887 |
ACE condos
Address: Vancouver, British Columbia
Price Range: $719,000 - $1,204,000
Avail. suites: 11
1—3.5 bd
510—1008 SqFt