Founders Block North in Vancouver

Name: Sales in Founders Block North started!
Start: 2020-09-22T07:44:36.386733+00:00
End: 2023-12-31T23:59:59+0000
Location: Founders Block North

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Project info

Object ID: 9433

Finished at	November 2019
Price, m²	From 11450$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 78.00 m²
Floors	4
Apartments	36
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

893,100$

Net profit

8,283$

Payback period

84.2 years

Avg property value increase per year

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About the project

Aligning with the North Shore style, West Coast Contemporary architecture is expressed with wood siding, roof overhangs, and light brick. Great design runs deeper than style here, with homes being built to LEED Gold sustainability standards, and live/work or legal secondary suites included in some homes to help with mortgages, house grandparents or achieve your business dreams. Founders Block North is designed for tomorrow.

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