Suite number:
Beachside Home 3 & 4
Project:
Address:
West Vancouver, British Columbia
Developer:
Brimming Development
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
3
Size:
1734 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
25.24%
Cumulative Return on Investment in Year 5
111.59%
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 | - | - | $30,000 | $62,000 | $65,000 | $67,000 | $70,000 | $73,000 | $76,000 | $80,000 | $523,000 |
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 | $237,000 | $281,000 | $295,000 | $309,000 | $324,000 | $341,000 | $357,000 | $375,000 | $2,880,000 |
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 | - | - | $13,000 | $26,000 | $27,000 | $27,000 | $28,000 | $29,000 | $29,000 | $30,000 | $209,000 |
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 | - | $326,000 | $176,000 | $176,000 | $177,000 | $178,000 | $178,000 | $179,000 | $180,000 | $2,019,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$274,058 | $187,000 | -$89,350 | $105,000 | $118,000 | $132,000 | $147,000 | $162,000 | $178,000 | $195,000 | $861,000 |
cumulative roi | $39 | $81 | $83 | $98 | $112 | $123 | $134 | $144 | $154 | $164 | $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