Suite number:
1129 - CC9 NH1
Project:
Address:
Richmond, British Columbia
Developer:
Cadillac Fairview Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1192 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,395,200
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.04%
Cumulative Return on Investment in Year 5
96.22%
Property Price at the End of Year 5
$1,797,000
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 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $109,000 | $114,000 | $921,000 |
| rent income | $38,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $58,000 | $61,000 | $504,000 |
| mortgage principal reduction | $16,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $220,000 |
| deposit interest | $477 | - | - | - | - | - | - | - | - | - | $477 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $133,000 | $139,000 | $145,000 | $152,000 | $160,000 | $167,000 | $175,000 | $184,000 | $193,000 | $202,000 | $1,650,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $112,000 | - | - | - | - | - | - | - | - | - | $112,000 |
| remaining balance payment | $167,000 | - | - | - | - | - | - | - | - | - | $167,000 |
| closing cost | $46,000 | - | - | - | - | - | - | - | - | - | $46,000 |
| operating expense | $16,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $205,000 |
| mortgage payment | $62,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $673,000 |
| total expense investment | $404,000 | $86,000 | $87,000 | $88,000 | $88,000 | $89,000 | $89,000 | $90,000 | $91,000 | $92,000 | $1,203,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$270,930 | $52,000 | $58,000 | $65,000 | $72,000 | $79,000 | $86,000 | $94,000 | $102,000 | $111,000 | $447,000 |
| cumulative roi | $26 | $47 | $65 | $81 | $96 | $110 | $124 | $138 | $151 | $165 | $1,000 |
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