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$1,664,900

2.5 Beds

2 Baths

1339 sqft

M6 on Main - c7
2218 Main St

Vancouver BC, V5T 3C7

MLS® # PB703-C7

Property Features:

  • Bedrooms: 2.5
  • Bathrooms: 2.0
  • Floor Space (approx): 1339

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

80.0%

Cumulative Market Appreciation

$459,981

Net Operating Income in Year 5

$34,799

Cash on Cash Return in Year 5

-11.5%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$332,980
Mortgage Amount $1,331,920
Mortgage Payment
%
$6,910

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $3,896
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $1,580
Net Operating Income $2,315
Debt Service
Mortgage Payment $6,910
Net Cash Flow -$4,595

Acquistion Costs

Deposit $249,735
Land Transfer Tax $31,298
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $83,245
Total Acquisition Costs $380,778

Deposit Schedule

With the Offer $10,000
Deposit @ 7 days $73,245
Deposit @ 180 days $83,245
Deposit @ 10 days $83,245
Total Deposit $249,735
Closing Date Mar 1, 2027

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $249,735 - - - - - - - - -
Closing Costs - $131,043 - - - - - - - -
Mortgage Paydown - $3,386$20,885$21,889$22,941$24,044$25,200$26,411$27,681$29,011
Total $249,735$134,429$20,885$21,889$22,941$24,044$25,200$26,411$27,681$29,011
Cash Invested $249,735$384,164$405,050$426,940$449,882$473,927$499,127$525,539$553,220$582,231
Rental Cash Flows
Rent and other income - $7,792$47,092$49,117$51,230$53,432$55,730$58,126$60,626$63,233
Operating Expenses - -$3,161-$19,051-$19,532-$20,028-$20,537-$21,062-$21,602-$22,158-$22,731
Mortgage Payment - -$13,821-$82,929-$82,929-$82,929-$82,929-$82,929-$82,929-$82,929-$82,929
Net Cash Flow - -$9,190-$54,887-$53,343-$51,727-$50,034-$48,261-$46,405-$44,461-$42,427
Returns
Property Price Appreciation $83,245$87,407$91,777$96,366$101,184$106,244$111,556$117,134$122,990$129,140
Mortgage Paydown - $3,386$20,885$21,889$22,941$24,044$25,200$26,411$27,681$29,011
Net Cash Flow - -$9,190-$54,887-$53,343-$51,727-$50,034-$48,261-$46,405-$44,461-$42,427
Total Return $83,245$81,603$57,776$64,912$72,399$80,254$88,495$97,140$106,209$115,724
Cumulative Return $83,245$164,848$222,624$287,537$359,936$440,190$528,686$625,826$732,036$847,760
Investment Metrics
Cumulative ROI 33.3% 42.9% 55.0% 67.3% 80.0% 92.9% 105.9% 119.1% 132.3% 145.6%
Cash On Cash - -2.4% -13.6% -12.5% -11.5% -10.6% -9.7% -8.8% -8.0% -7.3%

Location of c7-2218 Main St, Vancouver, BC, V5T 3C7

Demographic Information of c7-2218 Main St, Vancouver, BC, V5T 3C7

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$149,399.81

Average Number of Children

1.29

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

5.81 %

High school certificate or equivalent

17.2 %

Apprenticeship trade certificate/diploma

4.5 %

College/non-university certificate

17.04 %

University certificate (below bachelor)

2.59 %

University Degree

52.85 %

Commuter

Travel To Work

By Car

51.73 %

By Public Transit

18.71 %

By Walking

16.23 %

By Bicycle

9.19 %

By Other Methods

4.14 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

96.18 %

Houses

3.82 %

Own Vs. Rent