The Residences at Lynn Valley in Vancouver

Name: Sales in The Residences at Lynn Valley started!
Start: 2020-09-21T12:03:49.086411+00:00
End: 2023-12-31T23:59:59+0000
Location: The Residences at Lynn Valley

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Project info

Object ID: 9419

Finished at	December 2019
Price, m²	From 11000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 130.00 m²
Floors	12
Apartments	244
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking 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

1,430,000$

Net profit

9,376$

Payback period

121.7 years

Avg property value increase per year

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About the project

Lynn Valley is known for its beautiful mountains and trails, so it’s only fitting that this development complements its surroundings. Our environmentally responsible community features six low rise buildings with over 350 homes.

A commercial area including a grocery store will be built at ground level for both the community and the residents’ convenience. Lynn Valley Centre will also undergo an extensive renovation and will provide additional shops and services.

Designed by award winning Chris Dikeakos Architects, this development will bring a new life to the local community and help reshape Lynn Valley.

Developer

Think Different. We see development potential differently than others. We focus on placemaking based on where cities are in their growth cy…
Details about Bosa Development