Suite number:
A3Ta
Project:
Address:
North Vancouver, British Columbia
Developer:
Millennium Development
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1792 sqft
Occupancy Date:
Dec 2024
Price, CAD
$1,559,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.05%
Cumulative Return on Investment in Year 5
109.80%
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 | $58,000 | $65,000 | $68,000 | $71,000 | $74,000 | $77,000 | $81,000 | $84,000 | $88,000 | $92,000 | $758,000 |
| mortgage principal reduction | $18,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $246,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $162,000 | $172,000 | $180,000 | $188,000 | $198,000 | $207,000 | $217,000 | $227,000 | $238,000 | $250,000 | $2,038,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $156,000 | - | - | - | - | - | - | - | - | - | $156,000 |
| remaining balance payment | $156,000 | - | - | - | - | - | - | - | - | - | $156,000 |
| closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | $21,000 | $23,000 | $24,000 | $25,000 | $26,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $259,000 |
| mortgage payment | $70,000 | $76,000 | $76,000 | $76,000 | $76,000 | $76,000 | $76,000 | $76,000 | $76,000 | $76,000 | $752,000 |
| total expense investment | $451,000 | $99,000 | $100,000 | $101,000 | $101,000 | $102,000 | $103,000 | $104,000 | $105,000 | $106,000 | $1,372,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$289,421 | $73,000 | $80,000 | $88,000 | $96,000 | $105,000 | $114,000 | $123,000 | $133,000 | $144,000 | $666,000 |
| cumulative roi | $27 | $50 | $71 | $91 | $110 | $129 | $148 | $168 | $188 | $210 | $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