West Third in Vancouver

Name: Sales in West Third started!
Start: 2020-09-22T07:40:05.286858+00:00
End: 2023-12-31T23:59:59+0000
Location: West Third

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Project info

Object ID: 9432

Finished at	November 2019
Price, m²	From 8185$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 78.00 m²
Floors	5
Apartments	57
Condition	Turnkey
Construction type	Monolyth
Security	—
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

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

638,430$

Net profit

8,283$

Payback period

60.2 years

Avg property value increase per year

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About the project

Introducing West Third by Anthem, a boutique collection of 57 move-in ready concrete residences designed as a sophisticated sanctuary in one of the North Shore’s most sought-after neighbourhoods, Lower Lonsdale.

Developer

Founded in 1991 by Eric Carlson, Anthem is a real estate development company focused on investment, development and management of commercial…
Details about Anthem