WELCOME To
SUNWISE PROPERTY

Pre-Demolition Rental Innovators: Vacant Spaces into Vibrant Rentals

Discover pre-demolition and redevelopment innovations with Sunwise Property.

Enjoy hassle-free rental income without the need for repair costs or management fees. Our expertise is renting your home, slated for demolition, regardless of its condition, while ensuring your unique building timeline is respected by cooperative tenants. Say goodbye to tenancy woes and speculation tax. Contact Sunwise Property today for a rental experience tailored to your unique needs.

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Let's CRUNCH THE NUMBERS

Let's assume you are 9 months away from beginning your renovation or demolition.

Property Valued At	$2,239,300
3% Vancouver Empty Homes Tax	$67,179
0.5% BC Speculation Tax	$11,197
Total Tax Cost	$78,376

NOT INCLUDing CONSIDERATIONS & BENEFITS outlined

	Hiring A Property Manager	Leasing With Sunwise Property
Potential Rental Income	$4500/m x 8 (less 1 m rent)	$2650/m x 8 (less 1 m rent)
Rental Income	$36,000	$21,000
Management Fees	- $6,000	*Included
Necessary Upgrades & Repair Downtime	- $16,000	*Included
Net Income	$14,000	$21,200
Net Income Difference		+ $7,200
Potential Empty Homes Tax Savings	$78,376	$78,376
Potential Total Financial Benefit	$92,376	$99,576

Considerations	Benefits
Property Management companies avoid short term leases and are expensive	We will consider distressed homes and 6-month minimum leases
Risk of tenants overstaying lease term	Exit strategy in place with our tenants to ensure vacant property
Free month’s rent mandatory offering	Guaranteed rent despite condition of home
Having reliable contractors and trades who can meet short timelines are hard to find	In-house staff ready to work immediately to maximize rental income
Out-of-pocket repair cost just to have the house rent-ready	We pay for all repair and maintenance. You keep funds directed at new build.
Owner must have city building permits in-hand before issuing 4-month's notice to vacate	Fixed-term lease with clear vacancy exit date