Suite number:
Penthouse 1
Project:
Address:
West Vancouver, British Columbia
Developer:
Brimming Development
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3
Size:
4287 sqft
Occupancy Date:
Dec 2027
Price, CAD
$4,990,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.06%
Cumulative Return on Investment in Year 5
114.98%
Property Price at the End of Year 5
$6,429,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$249,500
5% in 90 days
$249,500
5% on Occupancy
$249,500
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 | $259,000 | $273,000 | $287,000 | $302,000 | $318,000 | $334,000 | $352,000 | $370,000 | $389,000 | $409,000 | $3,293,000 |
rent income | - | - | $75,000 | $153,000 | $159,000 | $166,000 | $174,000 | $181,000 | $189,000 | $197,000 | $1,294,000 |
mortgage principal reduction | - | - | $30,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $542,000 |
deposit interest | $32,000 | $39,000 | $19,000 | - | - | - | - | - | - | - | $91,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $291,000 | $312,000 | $417,000 | $518,000 | $543,000 | $570,000 | $598,000 | $627,000 | $658,000 | $690,000 | $5,224,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $749,000 | - | - | - | - | - | - | - | - | - | $749,000 |
remaining balance payment | - | - | $250,000 | - | - | - | - | - | - | - | $250,000 |
closing cost | - | - | $189,000 | - | - | - | - | - | - | - | $189,000 |
operating expense | - | - | $28,000 | $57,000 | $59,000 | $60,000 | $62,000 | $63,000 | $65,000 | $66,000 | $459,000 |
mortgage payment | - | - | $125,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $250,000 | $1,874,000 |
total expense investment | $749,000 | - | $592,000 | $307,000 | $309,000 | $310,000 | $311,000 | $313,000 | $314,000 | $316,000 | $3,521,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$457,375 | $312,000 | -$175,042 | $211,000 | $235,000 | $260,000 | $286,000 | $314,000 | $343,000 | $374,000 | $1,704,000 |
cumulative roi | $39 | $81 | $81 | $99 | $115 | $130 | $144 | $157 | $171 | $184 | $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