Suite number:
PH16
Project:
Address:
North Vancouver, British Columbia
Developer:
Millennium Development
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1207 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,675,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.50%
Cumulative Return on Investment in Year 5
88.97%
Property Price at the End of Year 5
$2,159,000
Deposit Schedule
$20,000 at Signing
Total up to 10% in 7 days
$167,590
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 | $87,000 | $92,000 | $96,000 | $101,000 | $107,000 | $112,000 | $118,000 | $124,000 | $131,000 | $138,000 | $1,106,000 |
| rent income | $32,000 | $37,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $426,000 |
| mortgage principal reduction | $20,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $264,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $144,000 | $151,000 | $158,000 | $166,000 | $174,000 | $183,000 | $192,000 | $201,000 | $211,000 | $221,000 | $1,801,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $168,000 | - | - | - | - | - | - | - | - | - | $168,000 |
| remaining balance payment | $168,000 | - | - | - | - | - | - | - | - | - | $168,000 |
| closing cost | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| operating expense | $15,000 | $17,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $188,000 |
| mortgage payment | $75,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $82,000 | $808,000 |
| total expense investment | $476,000 | $98,000 | $99,000 | $99,000 | $100,000 | $101,000 | $101,000 | $102,000 | $103,000 | $103,000 | $1,383,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$332,404 | $53,000 | $59,000 | $67,000 | $74,000 | $82,000 | $90,000 | $99,000 | $108,000 | $118,000 | $418,000 |
| cumulative roi | $25 | $45 | $62 | $76 | $89 | $101 | $112 | $123 | $134 | $144 | $912 |
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