Suite number:
F1
Project:
Address:
Richmond, British Columbia
Developer:
Cadillac Fairview Corporation
Property type:
condo
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
21.99%
Cumulative Return on Investment in Year 5
100.48%
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 | $64,000 | $66,000 | $69,000 | $72,000 | $75,000 | $79,000 | $650,000 |
| mortgage principal reduction | $19,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $249,000 |
| deposit interest | $540 | - | - | - | - | - | - | - | - | - | $540 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $156,000 | $164,000 | $172,000 | $180,000 | $189,000 | $198,000 | $207,000 | $217,000 | $228,000 | $239,000 | $1,948,000 |
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 | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
| operating expense | $21,000 | $23,000 | $24,000 | $25,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $257,000 |
| mortgage payment | $70,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $77,000 | $762,000 |
| total expense investment | $457,000 | $100,000 | $101,000 | $101,000 | $102,000 | $103,000 | $104,000 | $105,000 | $106,000 | $107,000 | $1,385,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$301,049 | $64,000 | $71,000 | $78,000 | $86,000 | $95,000 | $103,000 | $112,000 | $122,000 | $132,000 | $563,000 |
| cumulative roi | $26 | $48 | $67 | $84 | $100 | $116 | $131 | $147 | $162 | $178 | $1,000 |
RC at CF Richmond Centre
Address: Richmond, British Columbia
Price Range: $589,000 - $1,580,000
Avail. suites: 8
0—4 bd
489—1537 SqFt