Sussex in Burnaby

Name: Sales in Sussex started!
Start: 2020-11-20T06:59:12.158198+00:00
End: 2023-12-31T23:59:59+0000
Location: Sussex

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Construction

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Project info

Object ID: 10319

Finished at	October 2019
Price, m²	From 11220$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 107.00 m²
Floors	41
Apartments	321
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Commercial area Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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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

1,200,540$

Net profit

9,376$

Payback period

102.1 years

Avg property value increase per year

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Promos and discounts for Sussex

About the project

Steps from the vibrant heart of Metrotown is the peaceful beauty of a tree-lined street. Here you will find a sophisticated collection of exclusive homes, with refined architecture and design, unparalleled amenities and expansive ocean, mountain and city views.

Sussex is an oasis of quiet beauty in the vibrant heart of Metrotown. Experience the very best of urban living from this distinct location on the north side of Kingsway, just steps from transit, world-class shopping, dining, commerce and more. Enjoy convenient access to Metropolis at Metrotown, Crystal Mall and Station Square shops, plus the Expo Skytrain, the Central Valley Greenway bike route, and the many other offerings of Metrotown.

Developer

Like you, Townline has a story. We started in 1981 with Rick Ilich building single-family homes. Soon, small projects got bigger, he transit…
Details about Townline