Suite number:
TH
Project:
Address:
North Vancouver, British Columbia
Developer:
Millennium Development
Property type:
townhouse
Bathrooms:
3
Bedrooms:
3.5
Size:
1960 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,799,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.59%
Cumulative Return on Investment in Year 5
107.56%
Property Price at the End of Year 5
$2,319,000
Deposit Schedule
$20,000 at Signing
Total up to 10% in 7 days
$179,990
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 | $93,000 | $98,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $133,000 | $140,000 | $148,000 | $1,188,000 |
| rent income | $63,000 | $72,000 | $75,000 | $78,000 | $81,000 | $85,000 | $88,000 | $92,000 | $96,000 | $100,000 | $829,000 |
| mortgage principal reduction | $21,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $284,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $183,000 | $194,000 | $203,000 | $213,000 | $223,000 | $234,000 | $245,000 | $257,000 | $270,000 | $282,000 | $2,306,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $180,000 | - | - | - | - | - | - | - | - | - | $180,000 |
| remaining balance payment | $180,000 | - | - | - | - | - | - | - | - | - | $180,000 |
| closing cost | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
| operating expense | $23,000 | $26,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $286,000 |
| mortgage payment | $80,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $868,000 |
| total expense investment | $517,000 | $113,000 | $114,000 | $115,000 | $116,000 | $117,000 | $118,000 | $119,000 | $120,000 | $121,000 | $1,568,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$334,433 | $81,000 | $89,000 | $98,000 | $108,000 | $117,000 | $128,000 | $139,000 | $150,000 | $162,000 | $738,000 |
| cumulative roi | $27 | $49 | $70 | $89 | $108 | $126 | $144 | $162 | $181 | $201 | $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