Suite number:
1410 B5
Project:
Address:
Richmond, British Columbia
Developer:
Canderel Residential Inc.
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
933 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
22.24%
Cumulative Return on Investment in Year 5
100.40%
Property Price at the End of Year 5
$1,234,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$37,895
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 | $7,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $302,000 |
| mortgage principal reduction | $3,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $148,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $67,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $118,000 | $124,000 | $130,000 | $136,000 | $1,090,000 |
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 | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
| operating expense | $3,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $135,000 |
| mortgage payment | $11,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $406,000 |
| total expense investment | $243,000 | $57,000 | $57,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $770,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$175,815 | $37,000 | $41,000 | $45,000 | $50,000 | $54,000 | $59,000 | $64,000 | $70,000 | $76,000 | $320,000 |
| cumulative roi | $26 | $48 | $68 | $85 | $100 | $115 | $129 | $143 | $157 | $170 | $1,000 |
Located at Lansdowne and No. 3 Rd., in the middle of the new Downtown Richmond, you’ll be at the heart of it all — a vibrant and flourishing modern community with unlimited possibility. Luxe holds a special position in Richmond and will establish a n...
Address: Richmond, British Columbia
Price Range: $928,000 - $981,000
Avail. suites: 10
2 bd
932—1118 SqFt