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:
Jun 2025
Price, CAD
$1,339,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
48.58%
Cumulative Return on Investment in Year 5
222.52%
Property Price at the End of Year 5
$1,726,000
Deposit Schedule
$20,000 at Signing
Total up to 10% in 7 days
$133,990
Net Gain (Loss)
Get Expert Advice
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 | $69,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $105,000 | $110,000 | $884,000 |
| 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 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $207,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $125,000 | $126,000 | $133,000 | $139,000 | $146,000 | $153,000 | $161,000 | $168,000 | $177,000 | $185,000 | $1,513,000 |
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 | $17,000 | $17,000 | $153,000 |
| mortgage payment | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $671,000 |
| total expense investment | $81,000 | $81,000 | $81,000 | $82,000 | $82,000 | $83,000 | $83,000 | $83,000 | $84,000 | $84,000 | $824,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $44,000 | $45,000 | $51,000 | $57,000 | $64,000 | $71,000 | $78,000 | $85,000 | $93,000 | $101,000 | $689,000 |
| cumulative roi | $213 | $206 | $209 | $215 | $223 | $231 | $240 | $250 | $261 | $272 | $2,000 |
Millennium Central Lonsdale
Address: North Vancouver, British Columbia
Price Range: $1,300,000 - $1,800,000
Avail. suites: 9
2—3.5 bd
944—2693 SqFt