Modus in Vancouver

Name: Sales in Modus started!
Start: 2020-11-19T06:44:34.079389+00:00
End: 2023-12-31T23:59:59+0000
Location: Modus

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Project info

Object ID: 10295

Finished at	July 2022
Price, m²	From 8490$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 90.00 m²
Floors	3
Apartments	17
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Templeton 14 min Bridgeport 20 min Aberdeen 20 min
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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

764,100$

Net profit

9,376$

Payback period

65.0 years

Avg property value increase per year

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About the project

Modus joins one of the most charming residential enclaves in Vancouver westside. Well-connected and with no shortage of everyday amenities, Modus' location offers a balance lifestyle for families, with an array of parks, recreation and an elite school network.

Function and style come together in this community of row townhomes. Stylish brick facade combined with lush landscaping and a central courtyard create a welcoming atmosphere. On the inside, contemporary 2 & 3 bed layouts are thoughtfully designed with 9' ceilings, plenty of natural light and luxurious finishes.