MODE in Vancouver

Name: Sales in MODE started!
Start: 2020-11-18T13:33:54.890544+00:00
End: 2023-12-31T23:59:59+0000
Location: MODE

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Construction

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Project info

Object ID: 10292

Finished at	August 2022
Price, m²	From 7755$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 52.00 m²
Floors	26
Apartments	257
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Joyce–/Collingwood 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

403,260$

Net profit

7,229$

Payback period

42.5 years

Avg property value increase per year

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About the project

MODE | NOW SELLING

GET MORE HOME FOR LESS IN VANCOUVER

There's never been a better time to invest in a new home in Wesgroup's River District. MODE offers the lowest prices for new concrete homes in Vancouver and includes fantastic amenities in a waterfront location with shops and services just steps away. Located only 20-25 minutes from YVR and downtown yet competitively prices to condos much further afield.

At MODE, you don't have to sacrifice quality and convenience for price.

MODE is nestled in the centre of River District, a waterfront community like no other in Vancouver. Already over 2,500 people call River District home and are realizing the benefit of masterplanned living where developer Wesgroup has thought of everything that's needed to create a great place to live.