Suite number:
F1
Project:
Address:
Richmond, British Columbia
Developer:
Cadillac Fairview Corporation
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
4
Size:
1537 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,580,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.40%
Cumulative Return on Investment in Year 5
97.67%
Property Price at the End of Year 5
$2,036,000
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 | $82,000 | $86,000 | $91,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $130,000 | $1,043,000 |
| rent income | $49,000 | $56,000 | $58,000 | $61,000 | $63,000 | $66,000 | $69,000 | $72,000 | $75,000 | $78,000 | $647,000 |
| mortgage principal reduction | $18,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $241,000 |
| deposit interest | $540 | - | - | - | - | - | - | - | - | - | $540 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $155,000 | $163,000 | $170,000 | $179,000 | $187,000 | $196,000 | $206,000 | $216,000 | $227,000 | $238,000 | $1,936,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $126,000 | - | - | - | - | - | - | - | - | - | $126,000 |
| remaining balance payment | $190,000 | - | - | - | - | - | - | - | - | - | $190,000 |
| closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
| operating expense | $21,000 | $23,000 | $23,000 | $24,000 | $25,000 | $25,000 | $26,000 | $26,000 | $27,000 | $28,000 | $248,000 |
| mortgage payment | $73,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $79,000 | $785,000 |
| total expense investment | $460,000 | $102,000 | $103,000 | $103,000 | $104,000 | $104,000 | $105,000 | $106,000 | $106,000 | $107,000 | $1,399,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$305,696 | $61,000 | $68,000 | $76,000 | $84,000 | $92,000 | $101,000 | $111,000 | $120,000 | $131,000 | $537,000 |
| cumulative roi | $26 | $47 | $65 | $82 | $98 | $113 | $127 | $142 | $157 | $172 | $1,000 |
RC at CF Richmond Centre
Address: Richmond, British Columbia
Price Range: $759,000 - $1,580,000
Avail. suites: 5
0—4 bd
489—1586 SqFt