Suite number:
B1
Project:
Address:
North Vancouver, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
944 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,299,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
49.52%
Cumulative Return on Investment in Year 5
226.91%
Property Price at the End of Year 5
$1,675,000
Deposit Schedule
$20,000 at Signing
Total up to 10% in 7 days
$129,990
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 | $67,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $107,000 | $858,000 |
| rent income | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $417,000 |
| mortgage principal reduction | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $200,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $123,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $157,000 | $165,000 | $173,000 | $181,000 | $1,480,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $151,000 |
| mortgage payment | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $651,000 |
| total expense investment | $79,000 | $79,000 | $79,000 | $80,000 | $80,000 | $80,000 | $81,000 | $81,000 | $82,000 | $82,000 | $802,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $44,000 | $45,000 | $50,000 | $56,000 | $63,000 | $69,000 | $76,000 | $84,000 | $91,000 | $99,000 | $678,000 |
| cumulative roi | $217 | $210 | $213 | $219 | $227 | $236 | $245 | $255 | $267 | $279 | $2,000 |
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