Gilmore Place in Burnaby

Name: Sales in Gilmore Place started!
Start: 2020-11-06T07:09:31.292522+00:00
End: 2023-12-31T23:59:59+0000
Location: Gilmore Place

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Project info

Object ID: 10236

Finished at	August 2024
Price, m²	From 9060$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.00 m²
Floors	64
Apartments	1563
Condition	Turnkey
Construction type	Monolyth
Security	Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

453,000$

Net profit

6,783$

Payback period

50.2 years

Avg property value increase per year

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About the project

Gilmore Place: a master-planned community that will transform Burnaby’s western gateway into an incredible urban hub for residents and visitors alike. Featuring Western Canada’s tallest residential tower, the seamlessly-integrated Gilmore SkyTrain Station, world-class shopping and entertainment, convenient office space and luxurious residential towers, Gilmore Place will redefine metropolitan living in one of Burnaby’s most up-and-coming neighbourhoods, Brentwood. Live above your own city centre, with stunning panoramic views, contemporary finishes, and unrivaled amenity spaces exclusive to residents.

Developer

For over half a century, Onni has been building communities for people to live, work, and play. Our success reflects our commitment to our e…
Details about Onni Group of Companies