Arbutus Duplexes ARBUTUS DUPLEX Three bedrooms, two bathrooms, top floor - 623 sqft. Living room, dining room, kitchen & storage room on main floor - 582 sqft. One bedroom, one bathroom in 450 sqft. legal suite in 582 sqft. basement 5 appliances in each suite Heated single car garage Exterior powered parking for 4 vehicles PRICED AT $364,900 For your convenience, the following documents have been uploaded to our website: Executive Summary Floor Plan Power Point Presentation Go to www.westerncanadianproperties.com Linkedin.com/company/Western-Canadian-Properties-Group Facebook.com/WesternCanadianProperties
Arbutus Coach House ARBUTUS DUPLEX 2 levels with heated enclosed garage 500 sq ft living space & 225 sq ft garage space One bedroom, One bathroom Living room Excellent Cash Flow & Mortgage Helper Coach House only available on A side of Half- Duplexes PRICED AT $109,900 The Arbutus Coach House offers open concept living, vaulted ceilings and large kitchen. The upper level includes a lofted bedroom, ample closets, and ensuite bath. Go to www.westerncanadianproperties.com
ARBUTUS SPECIFICATIONS Exterior designer, low maintenance vinyl siding with accents. Exterior wall and attic insulation to code Safe N Sound Roxul soundproofing insulation between all floors and suites. Thermal double pane windows Low maintenance aluminum soffit and eaves trough Front entrance with custom metal clad insulated door Hydro seed lawn Automatic garage door opener with 2 remotes Heated garage and exterior powered parking for 4 vehicles Blinds on all windows Baseboard heating throughout with individual thermostats in each bedroom Refrigerator, oven, dishwasher and variable speed exhaust fan in main floor kitchen Refrigerator, oven, dishwasher and variable speed exhaust fan in basement legal suite In suite washer & dryer on main floor and in legal suite All rooms, walls & ceilings painted with low-voc paint 5-1/2 baseboards and 3-1/2 door trim Hardwood laminate flooring throughout Open-concept contemporary kitchen with ceramic tiled backsplash Valance lighting over work area with stainless steel double sink Bathrooms- ceramic tile flooring and acrylic tub/shower surround 3111 Del Rio Drive North Vancouver, BC V7N 4C3 Tel: (604) 980 8460 Fax: (604) 909 2909 Website: www.westerncanadianproperties.com Email: info@westerncanadianproperties.com
Mirrors in all bathrooms with white decora switches and receptacles Outlets for cable & telephone 20 gallon hot water tank in 1 bedroom legal suite 40 gallon hot water tank for 3 bedroom suite Separate electrical meters; 1 for legal suite and 1 for the main and top floor duplex Exterior hose bib & weather-proof exterior outlet Low maintenance concrete rear patio 3111 Del Rio Drive North Vancouver, BC V7N 4C3 Tel: (604) 980 8460 Fax: (604) 909 2909 Website: www.westerncanadianproperties.com Email: info@westerncanadianproperties.com
COACH HOUSE SPECIFICATIONS Exterior designer, low maintenance vinyl siding with accents. Exterior wall and attic insulation to code Thermal double pane windows Low maintenance aluminum soffit and eaves trough Front entrance with custom metal clad insulated door Hydro seed lawn Automatic garage door opener with 1 remote Heated garage and exterior powered parking for 1 vehicle Blinds on all windows Baseboard heating with individual thermostats in living room, bathroom and bedroom Refrigerator, oven, dishwasher and variable speed exhaust fan in kitchen In suite washer & dryer All rooms, walls & ceilings painted with low-voc paint 5-1/2 baseboards and 3-1/2 door trim Solid surface laminate flooring through out Valance lighting over work area with stainless steel double sink Bathroom- ceramic tile flooring and acrylic tub/shower surround Mirror in bathroom with white decora switches and receptacles Outlet for cable & telephone 20 gallon hot water tank Exterior hose bib & weather-proof exterior outlet
ARBUTUS OPTIONS PERIMETER FENCE AROUND PROPERTY $6,000 CONVERT STORAGE RM TO POWDER ROOM $2,500 ROUGH-IN GAS FIREPLACE Legal Suite $500 ROUGH-IN GAS FIREPLACE Upstairs $500 A NATURAL GAS FIREPLACE Legal Suite $3,500 A NATURAL GAS FIREPLACE- Upstairs $4,500 SUBTOTAL GST TOTAL 3111 Del Rio Drive North Vancouver, BC V7N 4C3 Tel: (604) 980 8460 Fax: (604) 909 2909 Website: www.westerncanadianproperties.com Email: info@westerncanadianproperties.com
ARBUTUS WITH COACH HOUSE OPTIONS PERIMETER FENCE AROUND PROPERTY $6,000 CONVERT STORAGE RM TO POWDER ROOM $2,500 ROUGH-IN GAS FIREPLACE Legal Suite $500 ROUGH-IN GAS FIREPLACE Upstairs $500 A NATURAL GAS FIREPLACE Legal Suite $3,500 A NATURAL GAS FIREPLACE- Upstairs $4,500 SUBTOTAL GST TOTAL 3111 Del Rio Drive North Vancouver, BC V7N 4C3 Tel: (604) 980 8460 Fax: (604) 909 2909 Website: www.westerncanadianproperties.com Email: info@westerncanadianproperties.com
Great Room 12'0"x13'4" Great Room 12'0"x13'4" Dining Room 11'4"x10'0" D/W Kitchen 9'0"x11'6" D/W Kitchen 9'0"x11'6" Dining Room 11'4"x10'0" W/D PANTRY PANTRY W/D Stor./ Opt.Pwd. Stor./ Opt.Pwd. Entry Entry UP. 16 RSRS. UP. 16 RSRS. Single Car Garage 12'0"x21'0" Single Car Garage 12'0"x23'0" Porch Porch Main Floor Plan (Unit A) Floor Area = 582 sq. ft. (not incl. Garage) Main Floor Plan (Unit B) Floor Area = 582 sq. ft. (not incl. Garage)
Master Bedroom 12'0"x10'0" Master Bedroom 12'0"x10'0" Bath Bath Bedroom 3 5'0"x8'0" 5'0"x8'0" Bedroom 3 9'0"x10'0" 9'0"x10'0" DN. 16 RSRS. Bath 5'0"x8'6" Bath 5'0"x8'6" DN. 16 RSRS. Bedroom 2 Bedroom 2 12'0"x10'0" 12'0"x10'0" Upper Floor Plan (Unit A) Floor Area = 623 sq. ft. Upper Floor Plan (Unit A) Floor Area = 623 sq. ft.
Living Room 11'6"x10'10" Living Room 11'6"x10'10" Bedroom 8'0"x9'6" Kitchen 11'6"x10'6" Kitchen 11'6"x10'6" Bedroom 8'0"x9'6" Bath Bath HWT Mech. HWT W/D W/D HWT Mech. HWT Basement Plan (Unit A) Floor Area (Hatched Area)= 450 sq. ft. Basement Plan (Unit B) Floor Area (Hatched Area)= 450 sq. ft.
Front Elevation Scale: 1/4" = 1'0"
Rear Elevation Scale: 1/4" = 1'0"
3 bedrooms, 2 bathrooms 1150 sqft. - rent range $1,600 - $1,800/month Garage - rent $100- $200/month 1 bedroom, 1 bath legal basement suite 550 sqft. rent range $900 - $1,000/month POTENTIAL RENTAL INCOME IN TOTAL: $2,600 - $3,000 per month
Property Worksheet Dawson Creek, BC Condo Unit Number regular Type duplex Suite Number Suite Size Unit Factor (over 10,000) Parking Stall Purchase Price $364,900 Financing Assumptions GST 5% $18,245 First Mortgage $306,516 80% Total Amount $383,145 Down Payment $76,629 Purchase Price $383,145 Year 1 Year 1 2013 Estimated Cash Flow Monthly Annually Year 2 Year 3 Year 4 Year 5 Rental Income $2,600 $31,200 $32,136 $33,100 $34,093 $35,116 Projected Vacancy 5.00% -$130 -$1,560 -$1,607 -$1,655 -$1,705 -$1,756 Net Rent $2,470 $29,640 $30,529 $31,445 $32,388 $33,360 Property Insurance -$101 -$1,212 -$1,248 -$1,286 -$1,324 -$1,364 Property Tax Estimate -$267 -$3,204 -$3,300 -$3,399 -$3,501 -$3,606 Expenses -$368 -$4,416 -$4,548 -$4,685 -$4,825 -$4,970 Int. Rate 1st Mortgage Payment Amortization 25 3.09% $ 1,468 $17,615 $17,615 $17,615 $17,615 $17,615 $1,468 $17,615 $17,615 $17,615 $17,615 $17,615 Projected Cash Flow $634 $7,609 $8,366 $9,145 $9,948 $10,775 Optional Professional Rental Management* -$185 -$2,220 -$2,287 -$2,355 -$2,426 -$2,499 Leasing, Repairs and Maint. Budget* -$77 -$924 -$952 -$980 -$1,010 -$1,040 Net Cash Flow $372 $4,465 $5,127 $5,810 $6,512 $7,236 Cash on Cash Yield 5.83% 6.69% 7.58% 8.50% 9.44% Anticipated Mortgage Reduction $8,260 $8,519 $8,786 $9,061 $9,345 Annual Projected Year One Income $12,725 $13,646 $14,596 $15,574 $16,581 Net Income as a % of Equity 16.6% 17.8% 19.0% 20.3% 21.6% @ 3% Appreciation Per Year** $11,494 $11,839 $12,194 $12,560 $12,937 Annual Projected Return on Investment $24,219 $25,485 $26,790 $28,134 $29,518 ROI as a % of Equity 31.6% 33.3% 35.0% 36.7% 38.5% @ 4% Appreciation Per Year** $15,326 $15,786 $16,259 $16,747 $17,249 Annual Projected Return on Investment $28,051 $29,432 $30,855 $32,321 $33,831 ROI as a % of Equity 36.6% 38.4% 40.3% 42.2% 44.1% *Optional Professional Management services may be available through a 3rd party manager. These intial estimates may include management, leasing, insurance, advertising and incidental in-suite repairs and maintenance. The developer does not offer management services to purchasers. **The average annualized capital appreciation on Canadian real estate is above 5.0% per annum since 1980 and 3%-4% scenarios have been used for illustrative purposes only. E. & O. E. The calculations and assumptions listed above are estimates only, they are not guaranteed., and in no way reflect with absolute certainty the future performance of the property. Each purchaser is responsible for performing their own evaluation and forecasts. As with all real estatepurchases, actuals may vary due to current and future economic conditions and time. Projections are for illustrative purposes only and are not indicative of anyactual returns or a guarantee thereof. Accordingly, there is no representation that actual results realized will be the same, in whole or in part,as those presented herein. Vacancy rates, inflation rates, appreciation rates, and mortgage rates are subject to market conditions.
Property Worksheet Dawson Creek, BC Condo Unit Number regular Type Arbutus Suite Number Suite Size Unit Factor (over 10,000) Parking Stall Purchase Price $364,900 Financing Assumptions GST 5% $18,245 First Mortgage $306,516 80% Total Amount $383,145 Down Payment $76,629 Purchase Price $383,145 Year 1 Year 1 2013 Estimated Cash Flow Monthly Annually Year 2 Year 3 Year 4 Year 5 Rental Income $3,000 $36,000 $37,080 $38,192 $39,338 $40,518 Projected Vacancy 5.00% -$150 -$1,800 -$1,854 -$1,910 -$1,967 -$2,026 Net Rent $2,850 $34,200 $35,226 $36,283 $37,371 $38,492 Property Insurance -$101 -$1,212 -$1,248 -$1,286 -$1,324 -$1,364 Property Tax Estimate -$267 -$3,204 -$3,300 -$3,399 -$3,501 -$3,606 Expenses -$368 -$4,416 -$4,548 -$4,685 -$4,825 -$4,970 Int. Rate 1st Mortgage Payment Amortization 25 3.09% $1,468 $17,615 $17,615 $17,615 $17,615 $17,615 $1,468 $17,615 $17,615 $17,615 $17,615 $17,615 Projected Cash Flow $1,014 $12,169 $13,062 $13,983 $14,931 $15,907 Optional Professional Rental Management* -$185 -$2,220 -$2,287 -$2,355 -$2,426 -$2,499 Leasing, Repairs and Maint. Budget* -$86 -$1,032 -$1,063 -$1,095 -$1,128 -$1,162 Net Cash Flow $743 $8,917 $9,713 $10,533 $11,377 $12,247 Cash on Cash Yield 11.64% 12.68% 13.75% 14.85% 15.98% Anticipated Mortgage Reduction $8,260 $8,519 $8,786 $9,061 $9,345 Annual Projected Year One Income $17,177 $18,232 $19,319 $20,438 $21,592 Net Income as a % of Equity 22.4% 23.8% 25.2% 26.7% 28.2% @ 3% Appreciation Per Year** $11,494 $11,839 $12,194 $12,560 $12,937 Annual Projected Return on Investment $28,671 $30,071 $31,513 $32,999 $34,529 ROI as a % of Equity 37.4% 39.2% 41.1% 43.1% 45.1% @ 4% Appreciation Per Year** $15,326 $15,786 $16,259 $16,747 $17,249 Annual Projected Return on Investment $32,503 $34,017 $35,578 $37,185 $38,842 ROI as a % of Equity 42.4% 44.4% 46.4% 48.5% 50.7% *Optional Professional Management services may be available through a 3rd party manager. These intial estimates may include management, leasing, insurance, advertising and incidental in-suite repairs and maintenance. Western Canadian Properties Group (Sunset Ridge) Ltd, the developer does not offer management services to purchasers. **The average annualized capital appreciation on Canadian real estate is above 5.0% per annum since 1980 and 3%-4% scenarios have been used for illustrative purposes only. E. & O. E. The calculations and assumptions listed above are estimates only, they are not guaranteed., and in no way reflect with absolute certainty the future performance of the property. Each purchaser is responsible for performing their own evaluation and forecasts. As with all real estatepurchases, actuals may vary due to current and future economic conditions and time. Projections are for illustrative purposes only and are not indicative of anyactual returns or a guarantee thereof. Accordingly, there is no representation that actual results realized will be the same, in whole or in part,as those presented herein. Vacancy rates, inflation rates, appreciation rates, and mortgage rates are subject to market conditions.
Property Worksheet Dawson Creek, BC Condo Unit Number coach house Type 1 bedroom Suite Number Suite Size 500 sq ft Unit Factor (over 10,000) Parking Stall Purchase Price $109,900 Financing Assumptions GST 5% $5,495 First Mortgage $92,316 80% Total Amount $115,395 Down Payment $23,079 Purchase Price $115,395 Year 1 Year 1 2013 Estimated Cash Flow Monthly Annually Year 2 Year 3 Year 4 Year 5 Rental Income $900 $10,800 $11,124 $11,458 $11,801 $12,155 Projected Vacancy 3.00% -$27 -$324 -$334 -$344 -$354 -$365 Net Rent $873 $10,476 $10,790 $11,114 $11,447 $11,791 Property Insurance -$85 -$1,020 -$1,051 -$1,082 -$1,115 -$1,148 Property Tax Estimate -$84 -$1,008 -$1,038 -$1,069 -$1,101 -$1,135 Expenses -$169 -$2,028 -$2,089 -$2,152 -$2,216 -$2,283 Int. Rate 1st Mortgage Payment Amortization 25 3.09% $442 $5,305 $5,305 $5,305 $5,305 $5,305 $442 $5,305 $5,305 $5,305 $5,305 $5,305 Projected Cash Flow $262 $3,143 $3,396 $3,657 $3,926 $4,203 Optional Professional Rental Management* -$25 -$300 -$309 -$318 -$328 -$338 Leasing, Repairs and Maint. Budget* -$42 -$504 -$519 -$535 -$551 -$567 Net Cash Flow $195 $2,339 $2,568 $2,804 $3,048 $3,298 Cash on Cash Yield 10.13% 11.13% 12.15% 13.20% 14.29% Anticipated Mortgage Reduction $2,488 $2,566 $2,646 $2,729 $2,815 Annual Projected Year One Income $4,826 $5,134 $5,450 $5,777 $6,113 Net Income as a % of Equity 20.9% 22.2% 23.6% 25.0% 26.5% @ 3% Appreciation Per Year** $3,462 $3,566 $3,673 $3,783 $3,896 Annual Projected Return on Investment $8,288 $8,699 $9,123 $9,559 $10,009 ROI as a % of Equity 35.9% 37.7% 39.5% 41.4% 43.4% @ 4% Appreciation Per Year** $4,616 $4,754 $4,897 $5,044 $5,195 Annual Projected Return on Investment $9,442 $9,888 $10,347 $10,820 $11,308 ROI as a % of Equity 40.9% 42.8% 44.8% 46.9% 49.0% *Optional Professional Management services may be available through a 3rd party manager. These intial estimates may include management, leasing, insurance, advertising and incidental in-suite repairs and maintenance. The developer does not offer management services to purchasers. **The average annualized capital appreciation on Canadian real estate is above 5.0% per annum since 1980 and 3%-4% scenarios have been used for illustrative purposes only. E. & O. E. The calculations and assumptions listed above are estimates only, they are not guaranteed., and in no way reflect with absolute certainty the future performance of the property. Each purchaser is responsible for performing their own evaluation and forecasts. As with all real estatepurchases, actuals may vary due to current and future economic conditions and time. Projections are for illustrative purposes only and are not indicative of anyactual returns or a guarantee thereof. Accordingly, there is no representation that actual results realized will be the same, in whole or in part,as those presented herein. Vacancy rates, inflation rates, appreciation rates, and mortgage rates are subject to market conditions.
Property Worksheet Dawson Creek, BC Condo Unit Number coach house Type 1-Bedroom Suite Number Suite Size 500 Sq. Feet Unit Factor (over 10,000) Parking Stall Purchase Price $109,900 Financing Assumptions GST 5% $5,495 First Mortgage $92,316 80% Total Amount $115,395 Down Payment $23,079 Purchase Price $115,395 Year 1 Year 1 2013 Estimated Cash Flow Monthly Annually Year 2 Year 3 Year 4 Year 5 Rental Income $1,200 $14,400 $14,832 $15,277 $15,735 $16,207 Projected Vacancy 3.00% -$36 -$432 -$445 -$458 -$472 -$486 Net Rent $1,164 $13,968 $14,387 $14,819 $15,263 $15,721 Property Insurance -$85 -$1,020 -$1,051 -$1,082 -$1,115 -$1,148 Property Tax Estimate -$84 -$1,008 -$1,038 -$1,069 -$1,101 -$1,135 Expenses -$169 -$2,028 -$2,089 -$2,152 -$2,216 -$2,283 Int. Rate 1st Mortgage Payment Amortization 25 3.09% $442 $5,305 $5,305 $5,305 $5,305 $5,305 $442 $5,305 $5,305 $5,305 $5,305 $5,305 Projected Cash Flow $553 $6,635 $6,993 $7,362 $7,742 $8,133 Optional Professional Rental Management* -$25 -$300 -$309 -$318 -$328 -$338 Leasing, Repairs and Maint. Budget* -$42 -$504 -$519 -$535 -$551 -$567 Net Cash Flow $486 $5,831 $6,165 $6,509 $6,863 $7,228 Cash on Cash Yield 25.26% 26.71% 28.20% 29.74% 31.32% Anticipated Mortgage Reduction $2,488 $2,566 $2,646 $2,729 $2,815 Annual Projected Year One Income $8,318 $8,731 $9,155 $9,592 $10,043 Net Income as a % of Equity 36.0% 37.8% 39.7% 41.6% 43.5% @ 3% Appreciation Per Year** $3,462 $3,566 $3,673 $3,783 $3,896 Annual Projected Return on Investment $11,780 $12,296 $12,828 $13,375 $13,939 ROI as a % of Equity 51.0% 53.3% 55.6% 58.0% 60.4% @ 4% Appreciation Per Year** $4,616 $4,754 $4,897 $5,044 $5,195 Annual Projected Return on Investment $12,934 $13,485 $14,052 $14,636 $15,238 ROI as a % of Equity 56.0% 58.4% 60.9% 63.4% 66.0% *Optional Professional Management services may be available through a 3rd party manager. These intial estimates may include management, leasing, insurance, advertising and incidental in-suite repairs and maintenance. The developer does not offer management services to purchasers. **The average annualized capital appreciation on Canadian real estate is above 5.0% per annum since 1980 and 3%-4% scenarios have been used for illustrative purposes only. E. & O. E. The calculations and assumptions listed above are estimates only, they are not guaranteed., and in no way reflect with absolute certainty the future performance of the property. Each purchaser is responsible for performing their own evaluation and forecasts. As with all real estatepurchases, actuals may vary due to current and future economic conditions and time. Projections are for illustrative purposes only and are not indicative of anyactual returns or a guarantee thereof. Accordingly, there is no representation that actual results realized will be the same, in whole or in part,as those presented herein. Vacancy rates, inflation rates, appreciation rates, and mortgage rates are subject to market conditions.