Suite number:
Unit E
Project:
Address:
Richmond, British Columbia
Developer:
Oris
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
968 sqft
Occupancy Date:
Sep 2024
Price, CAD
$759,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
133.74%
Cumulative Return on Investment in Year 5
619.12%
Property Price at the End of Year 5
$979,000
Deposit Schedule
$5 at Signing
Total up to 5% in 30 days
$37,990
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 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $501,000 |
| rent income | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $45,000 | $47,000 | $49,000 | $52,000 | $430,000 |
| mortgage principal reduction | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $129,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $90,000 | $90,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $118,000 | $123,000 | $129,000 | $1,065,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $141,000 |
| mortgage payment | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $348,000 |
| total expense investment | $47,000 | $47,000 | $48,000 | $48,000 | $49,000 | $49,000 | $50,000 | $50,000 | $51,000 | $51,000 | $489,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $43,000 | $42,000 | $46,000 | $50,000 | $54,000 | $58,000 | $63,000 | $68,000 | $73,000 | $78,000 | $576,000 |
| cumulative roi | $515 | $508 | $533 | $571 | $619 | $678 | $750 | $838 | $949 | $1,000 | $7,000 |
Welcome to Hamilton Village, where it all comes together. Hidden away in a small pocket of East Richmond, it might just be the Lower Mainland’s best-kept secret. Only 12 homes remain! The East and West, mixed-use buildings, share two indoor amenity s...
Address: Richmond, British Columbia
Price Range: $580,000 - $760,000
Avail. suites: 4
1.5—2.5 bd
646—979 SqFt