Suite number:
Beachside Home 11
Project:
Address:
West Vancouver, British Columbia
Developer:
Brimming Development
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
2017 sqft
Occupancy Date:
Sep 2027
Price, CAD
$2,990,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.20%
Cumulative Return on Investment in Year 5
115.97%
Property Price at the End of Year 5
$3,852,000
Deposit Schedule
$5 at Signing
Total up to 5% in 15 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 | - | - | $29,000 | $72,000 | $75,000 | $78,000 | $81,000 | $85,000 | $88,000 | $92,000 | $601,000 |
mortgage principal reduction | - | - | $15,000 | $38,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $320,000 |
deposit interest | $22,000 | $23,000 | $13,000 | - | - | - | - | - | - | - | $58,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $177,000 | $187,000 | $234,000 | $290,000 | $305,000 | $320,000 | $335,000 | $352,000 | $369,000 | $388,000 | $2,958,000 |
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 | - | - | $11,000 | $28,000 | $28,000 | $29,000 | $30,000 | $30,000 | $31,000 | $32,000 | $219,000 |
mortgage payment | - | - | $62,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $1,111,000 |
total expense investment | $449,000 | - | $312,000 | $177,000 | $178,000 | $179,000 | $179,000 | $180,000 | $181,000 | $182,000 | $2,017,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$271,490 | $187,000 | -$78,056 | $113,000 | $127,000 | $141,000 | $156,000 | $172,000 | $189,000 | $206,000 | $941,000 |
cumulative roi | $39 | $81 | $85 | $102 | $116 | $129 | $141 | $152 | $163 | $174 | $1,000 |
Pierwell
Address: West Vancouver, British Columbia
Price Range: $2,690,000 - $4,990,000
Avail. suites: 24
1—3 bd
691—4287 SqFt