Suite number:
A3a
Project:
Address:
North Vancouver, British Columbia
Developer:
Millennium Development
Property type:
condo
Bathrooms:
1
Bedrooms:
2.5
Size:
1547 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,559,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.61%
Cumulative Return on Investment in Year 5
103.22%
Property Price at the End of Year 5
$2,010,000
Deposit Schedule
$20,000 at Signing
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 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $105,000 | $110,000 | $116,000 | $122,000 | $128,000 | $1,029,000 |
| rent income | $50,000 | $56,000 | $59,000 | $61,000 | $64,000 | $67,000 | $70,000 | $73,000 | $76,000 | $79,000 | $654,000 |
| mortgage principal reduction | $18,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $246,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $154,000 | $163,000 | $171,000 | $179,000 | $187,000 | $196,000 | $206,000 | $216,000 | $226,000 | $237,000 | $1,935,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $156,000 | - | - | - | - | - | - | - | - | - | $156,000 |
| remaining balance payment | $156,000 | - | - | - | - | - | - | - | - | - | $156,000 |
| closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | $18,000 | $21,000 | $21,000 | $22,000 | $23,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $230,000 |
| mortgage payment | $70,000 | $76,000 | $76,000 | $76,000 | $76,000 | $76,000 | $76,000 | $76,000 | $76,000 | $76,000 | $752,000 |
| total expense investment | $449,000 | $97,000 | $97,000 | $98,000 | $99,000 | $99,000 | $100,000 | $101,000 | $102,000 | $103,000 | $1,344,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$295,067 | $66,000 | $73,000 | $81,000 | $89,000 | $97,000 | $106,000 | $115,000 | $124,000 | $135,000 | $591,000 |
| cumulative roi | $26 | $48 | $68 | $86 | $103 | $120 | $136 | $153 | $169 | $187 | $1,000 |
Millennium Central Lonsdale
Address: North Vancouver, British Columbia
Price Range: $1,300,000 - $1,800,000
Avail. suites: 10
2—3.5 bd
944—2693 SqFt