Suite number:
320 - F1 NH1
Project:
Address:
Richmond, British Columbia
Developer:
Cadillac Fairview Corporation
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
4
Size:
1537 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,580,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.82%
Cumulative Return on Investment in Year 5
145.92%
Property Price at the End of Year 5
$2,036,000
Deposit Schedule
$8 at Signing
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
property price appreciation | $82,000 | $86,000 | $91,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $130,000 | $1,043,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $246,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $108,000 | $107,000 | $112,000 | $118,000 | $124,000 | $131,000 | $137,000 | $144,000 | $152,000 | $160,000 | $1,294,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $791,000 |
total expense investment | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $791,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $29,000 | $28,000 | $33,000 | $39,000 | $45,000 | $52,000 | $58,000 | $65,000 | $73,000 | $81,000 | $503,000 |
cumulative roi | $146 | $140 | $141 | $143 | $146 | $149 | $153 | $156 | $160 | $165 | $1,000 |
RC at CF Richmond Centre
Address: Richmond, British Columbia
Price Range: $589,000 - $2,325,000
Avail. suites: 11
0—4 bd
489—1537 SqFt