Acorn in Vancouver

Name: Sales in Acorn started!
Start: 2020-11-06T08:27:25.983149+00:00
End: 2023-12-31T23:59:59+0000
Location: Acorn

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Property for sale in Acorn — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 10243

Finished at	December 2020
Price, m²	From 8240$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 64.00 m²
Floors	4
Apartments	30
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Nanaimo 6 min 29th Avenue 6 min Renfrew 13 min
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

527,360$

Net profit

7,813$

Payback period

52.2 years

Avg property value increase per year

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About the project

Located on a quiet tree-lined residential street, Acorn allows you an opportunity to grow your family and to be part of transformative vision for Vancouver’s newest community - Norquay Village.

Citrine has assembled an experienced team to bring a family-friendly development to the newly established community This team will promote the modern, boutique, mid-rise, residential only building that features 30 residences. Just a block from Kingsway, Acorn offers a peaceful setting with all the benefits of urban living: restaurants, pharmacy, butcher, coffee, waffle house—all the essentials are right here.