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
19.69%
Cumulative Return on Investment in Year 5
90.42%
Property Price at the End of Year 5
$1,282,000
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 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $657,000 |
| rent income | $24,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $312,000 |
| mortgage principal reduction | $12,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $157,000 |
| deposit interest | $340 | - | - | - | - | - | - | - | - | - | $340 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $92,000 | $95,000 | $99,000 | $104,000 | $109,000 | $115,000 | $120,000 | $126,000 | $132,000 | $138,000 | $1,131,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
| remaining balance payment | $119,000 | - | - | - | - | - | - | - | - | - | $119,000 |
| closing cost | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
| operating expense | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $145,000 |
| mortgage payment | $44,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $480,000 |
| total expense investment | $293,000 | $61,000 | $62,000 | $62,000 | $63,000 | $63,000 | $64,000 | $64,000 | $65,000 | $65,000 | $862,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$200,498 | $33,000 | $37,000 | $42,000 | $46,000 | $51,000 | $56,000 | $62,000 | $67,000 | $73,000 | $269,000 |
| cumulative roi | $26 | $45 | $62 | $77 | $90 | $103 | $115 | $127 | $138 | $150 | $934 |
RC at CF Richmond Centre
Address: Richmond, British Columbia
Price Range: $589,000 - $1,580,000
Avail. suites: 8
0—4 bd
489—1537 SqFt