Suite number:
1410-B5
Project:
Address:
Richmond, British Columbia
Developer:
Canderel Residential Inc.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
736 sqft
Occupancy Date:
Jun 2025
Price, CAD
$957,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.14%
Cumulative Return on Investment in Year 5
87.02%
Property Price at the End of Year 5
$1,234,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$47,895
5% on Occupancy
$47,895
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 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $632,000 |
| rent income | $13,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $249,000 |
| mortgage principal reduction | $7,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $140,000 |
| deposit interest | $739 | - | - | - | - | - | - | - | - | - | $739 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $75,000 | $87,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $116,000 | $121,000 | $127,000 | $1,027,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $96,000 | - | - | - | - | - | - | - | - | - | $96,000 |
| remaining balance payment | $96,000 | - | - | - | - | - | - | - | - | - | $96,000 |
| closing cost | $39,000 | - | - | - | - | - | - | - | - | - | $39,000 |
| operating expense | $6,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $116,000 |
| mortgage payment | $28,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $460,000 |
| total expense investment | $265,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $806,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$189,816 | $28,000 | $32,000 | $36,000 | $40,000 | $45,000 | $50,000 | $55,000 | $60,000 | $66,000 | $221,000 |
| cumulative roi | $25 | $44 | $61 | $74 | $87 | $99 | $110 | $120 | $130 | $141 | $891 |
Luxe on Lansdowne
Address: Richmond, British Columbia
Price Range: $928,000 - $981,000
Avail. suites: 9
2 bd
736—1087 SqFt