Suite number:
911-B5
Project:
Address:
Richmond, British Columbia
Developer:
Canderel Residential Inc.
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
939 sqft
Occupancy Date:
Jun 2025
Price, CAD
$927,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.99%
Cumulative Return on Investment in Year 5
95.14%
Property Price at the End of Year 5
$1,195,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$46,395
5% on Occupancy
$46,395
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 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $612,000 |
| rent income | $11,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $311,000 |
| mortgage principal reduction | $5,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $137,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $71,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $127,000 | $133,000 | $1,067,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
| remaining balance payment | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
| closing cost | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
| operating expense | $5,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $141,000 |
| mortgage payment | $19,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $425,000 |
| total expense investment | $246,000 | $58,000 | $59,000 | $59,000 | $60,000 | $60,000 | $61,000 | $61,000 | $62,000 | $62,000 | $788,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$175,574 | $33,000 | $36,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $65,000 | $71,000 | $279,000 |
| cumulative roi | $26 | $47 | $65 | $81 | $95 | $109 | $122 | $134 | $147 | $160 | $985 |
Luxe on Lansdowne
Address: Richmond, British Columbia
Price Range: $928,000 - $981,000
Avail. suites: 9
2 bd
932—1118 SqFt