Suite number:
202 Cc3 Nh2
Project:
Address:
Richmond, British Columbia
Developer:
Cadillac Fairview Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
885 sqft
Occupancy Date:
Jan 2025
Price, CAD
$995,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.00%
Cumulative Return on Investment in Year 5
95.60%
Property Price at the End of Year 5
$1,282,000
Deposit Schedule
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 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $657,000 |
| rent income | $17,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $303,000 |
| mortgage principal reduction | $9,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $162,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $83,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $126,000 | $132,000 | $139,000 | $1,126,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $199,000 | - | - | - | - | - | - | - | - | - | $199,000 |
| closing cost | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
| operating expense | $8,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $141,000 |
| mortgage payment | $30,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $441,000 |
| total expense investment | $276,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $61,000 | $61,000 | $62,000 | $62,000 | $819,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$192,637 | $37,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $65,000 | $71,000 | $76,000 | $307,000 |
| cumulative roi | $26 | $47 | $65 | $81 | $96 | $109 | $122 | $135 | $148 | $160 | $989 |
One of Canada’s top shopping centres is transforming into a global destination that will change the way people live, shop and dine in Metro Vancouver. A 27-acre master plan will build on the vibrant energy that lives at CF Richmond Centre, with world...
Address: Richmond, British Columbia
Price Range: $589,000 - $1,395,000
Avail. suites: 7
0—3.5 bd
489—1192 SqFt