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The Welwyn in Vancouver

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Project info

Object ID: 10298

Finished at	March 2022
Price, m²	From 8190$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 110.00 m²
Floors	2
Apartments	9
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Commercial–Broadway 11 min VCC–Clark 13 min Nanaimo 18 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

900,900$

Net profit

9,376$

Payback period

76.6 years

Avg property value increase per year

6%

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About the project

Welwyn is an architecturally distinct place to call home and features spacious layouts created with families and livability in mind.

Located two blocks off Kingsway, Welwyn is close to everything – markets, restaurants, parks, shops, schools, and access to transit.

Developer

Details about Vantac

Hotline

+995 (558) 7000 88

Toll-free number (USA):
+1 855 588 8066

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The Welwyn on the map of Vancouver

4415 Welwyn Street, Vancouver, BC

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