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Heather and Seventeenth in Vancouver

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Project info

Object ID: 10275

Finished at	August 2020
Price, m²	From 13430$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 108.00 m²
Floors	4
Apartments	16
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations King Edward 6 min Broadway–/City Hall 8 min Olympic/Village 9 min Yaletown–/Roundhouse 12 min Oakridge–/41st Avenue 13 min Vancouver/City Centre 17 min Langara–/49th Avenue 17 min Granville 18 min Burrard 18 min Stadium–/Chinatown 19 min Waterfront 21 min
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Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,450,440$

Net profit

9,376$

Payback period

123.4 years

Avg property value increase per year

6%

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About the project

PRESTIGIOUS LIVING

Solid concrete construction by developer Terra Blanka

Timeless modern design by renowned GBL Architects

Located at the corner of Heather and Seventeenth, seamlessly blending urban convenience and refined Westside living

Luxurious lobby with impressive over-height ceiling, elegant porcelain slab on walls and wood accents

LUXURIOUS INTERIORS

Thoughtfully designed by award-winning Cristina Oberti Interior Design

Two refined colour palettes to choose from, Heather and Douglas

Air-conditioning in all homes

Luxurious wide plank engineered hardwood flooring throughout

Expansive windows and over-height ceilings up to 9’-4”

Stately 7’ high Masonite heritage series doors

ASKO washer and dryer

State-of-the-art roller blinds for added privacy and UV protection

Developer

Details about Terra Blanka

Hotline

+1 855 588 8066

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Heather and Seventeenth on the map of Vancouver

717 West 17th Avenue, Vancouver, BC

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