Suite number:
TH
Project:
Address:
North Vancouver, British Columbia
Developer:
Millennium Development
Property type:
townhouse
Floor plan:
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
73.32%
Cumulative Return on Investment in Year 5
334.96%
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 | $71,000 | $74,000 | $77,000 | $81,000 | $84,000 | $88,000 | $92,000 | $96,000 | $100,000 | $104,000 | $866,000 |
| mortgage principal reduction | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $278,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $192,000 | $196,000 | $205,000 | $215,000 | $226,000 | $237,000 | $248,000 | $260,000 | $272,000 | $286,000 | $2,337,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $25,000 | $26,000 | $27,000 | $27,000 | $28,000 | $29,000 | $29,000 | $30,000 | $31,000 | $32,000 | $284,000 |
| mortgage payment | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $90,000 | $901,000 |
| total expense investment | $116,000 | $116,000 | $117,000 | $117,000 | $118,000 | $119,000 | $120,000 | $120,000 | $121,000 | $122,000 | $1,186,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $76,000 | $80,000 | $89,000 | $98,000 | $108,000 | $118,000 | $128,000 | $140,000 | $151,000 | $164,000 | $1,151,000 |
| cumulative roi | $296 | $293 | $303 | $318 | $335 | $355 | $378 | $403 | $432 | $466 | $4,000 |
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