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
22.44%
Cumulative Return on Investment in Year 5
101.77%
Property Price at the End of Year 5
$1,797,000
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 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $109,000 | $114,000 | $921,000 |
| rent income | $28,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $489,000 |
| mortgage principal reduction | $13,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $227,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $118,000 | $140,000 | $146,000 | $153,000 | $160,000 | $168,000 | $176,000 | $184,000 | $193,000 | $203,000 | $1,642,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $279,000 | - | - | - | - | - | - | - | - | - | $279,000 |
| closing cost | $46,000 | - | - | - | - | - | - | - | - | - | $46,000 |
| operating expense | $12,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $199,000 |
| mortgage payment | $43,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $618,000 |
| total expense investment | $380,000 | $82,000 | $83,000 | $83,000 | $84,000 | $85,000 | $85,000 | $86,000 | $87,000 | $87,000 | $1,142,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$261,266 | $57,000 | $63,000 | $70,000 | $76,000 | $83,000 | $91,000 | $98,000 | $107,000 | $115,000 | $500,000 |
| cumulative roi | $26 | $48 | $68 | $85 | $102 | $117 | $132 | $147 | $162 | $177 | $1,000 |
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