Suite number:
A2a
Project:
Address:
North Vancouver, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1541 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,559,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
52.44%
Cumulative Return on Investment in Year 5
239.86%
Property Price at the End of Year 5
$2,010,000
Deposit Schedule
$20,000 at Signing
Total up to 10% in 7 days
$155,990
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 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $105,000 | $110,000 | $116,000 | $122,000 | $128,000 | $1,029,000 |
| rent income | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $66,000 | $68,000 | $570,000 |
| mortgage principal reduction | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $30,000 | $241,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $152,000 | $154,000 | $162,000 | $170,000 | $178,000 | $187,000 | $196,000 | $205,000 | $215,000 | $226,000 | $1,845,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $24,000 | $24,000 | $218,000 |
| mortgage payment | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $78,000 | $781,000 |
| total expense investment | $98,000 | $98,000 | $99,000 | $99,000 | $100,000 | $100,000 | $101,000 | $101,000 | $102,000 | $102,000 | $999,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $54,000 | $56,000 | $63,000 | $71,000 | $78,000 | $87,000 | $95,000 | $104,000 | $114,000 | $124,000 | $846,000 |
| cumulative roi | $225 | $220 | $224 | $231 | $240 | $250 | $261 | $273 | $286 | $300 | $3,000 |
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