Suite number:
Beachside Home 5
Project:
Address:
West Vancouver, British Columbia
Developer:
Brimming Development
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3
Size:
2131 sqft
Occupancy Date:
Dec 2027
Price, CAD
$2,990,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.98%
Cumulative Return on Investment in Year 5
114.87%
Property Price at the End of Year 5
$3,852,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 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 | - | - | $37,000 | $76,000 | $79,000 | $83,000 | $86,000 | $90,000 | $94,000 | $98,000 | $643,000 |
mortgage principal reduction | - | - | $18,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $325,000 |
deposit interest | $19,000 | $23,000 | $12,000 | - | - | - | - | - | - | - | $54,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $174,000 | $187,000 | $244,000 | $295,000 | $309,000 | $325,000 | $341,000 | $357,000 | $375,000 | $393,000 | $3,000,000 |
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 | - | - | $15,000 | $30,000 | $31,000 | $31,000 | $32,000 | $33,000 | $34,000 | $35,000 | $241,000 |
mortgage payment | - | - | $75,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 | $1,123,000 |
total expense investment | $449,000 | - | $328,000 | $180,000 | $180,000 | $181,000 | $182,000 | $183,000 | $184,000 | $184,000 | $2,051,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$274,058 | $187,000 | -$84,348 | $115,000 | $129,000 | $143,000 | $159,000 | $175,000 | $191,000 | $209,000 | $949,000 |
cumulative roi | $39 | $81 | $84 | $100 | $115 | $128 | $140 | $152 | $163 | $175 | $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