Project Description

  • Built: 2011 Lot Size: 50’ X 137’ 6700 sq.ft.
  • Garage: 30’X16’ 480 sq.ft.
  • Garage basement: 30’X16’ 480 sq.ft.
  • Square Footages – Living areas
  • Basement rental suites:
    1 bedroom – living – kitchen – bathroom 600 sq.ft.
    2 bedroom – living – kitchen – bathroom 783 sq.ft.
    shared laundry 144 sq.ft.
  • Main: family/kitchen/living/den / powder 1527 sq.ft.
  • Upper: 4 bedrooms, 3 bathroom 1527 sq.ft.
  • TOTAL BUILT SPACE: 5541 sq.ft.
Call us @ 1 (877) 546-2739 or fill this form to get more information about this property.

805 East 5th North Vancouver
Buyer today
Appraised Value  $     2,800,000
Administration fee 3.0% $           84,000
Buyers  Mortgage  $     2,884,000
Interest Rate 4.65%
Term years 35
Monthly Payments  $           13,918
Out Standing Balance (OSB) 60 months 5 years $     2,076,764
Buyer in  5 years **
Value increase, purchase price and 5 year projection* $ 2,800,000 34.5% $        966,000
Credit  purchase option 5% $        140,000
Equity potion of the monthly payments credited back for full term purchase ** $         3,081  60 pmts  $        184,841
Future equity (5% down+Principle portion of mothly payments + Appreciation  $     1,290,841
Predicted appraised value * at 5 year mark $     3,766,000
Buyer’s mortgage  $     2,884,000
Less the intial deposit 5% -$        140,000
Equity payments total **                   60  $    3,081 -$        184,841
Buyer to pay in 5 years  $ 2,559,159
Loan (Buyer’s Mortgage) 68% To Value* 32%
*average based upon Greater Vancouver Real Estate data  for North Vancouver from 2005 to 2015
Actual appraised value subject to market value at the time of Option is exercised
** Buyer may execute Purchase Option at any time during the 5 year option period at which time
Balance owing will be determined from Loan Buyer Summary for the end of the month in which Option is exercised