Suite number:
622 D4 Nh2
Project:
Address:
Richmond, British Columbia
Developer:
Cadillac Fairview Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
3.5
Size:
1036 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,224,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.27%
Cumulative Return on Investment in Year 5
101.13%
Property Price at the End of Year 5
$1,577,000
Deposit Schedule
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 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $808,000 |
| rent income | $24,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $425,000 |
| mortgage principal reduction | $11,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $23,000 | $24,000 | $199,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $104,000 | $122,000 | $128,000 | $134,000 | $140,000 | $147,000 | $154,000 | $161,000 | $169,000 | $177,000 | $1,437,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $245,000 | - | - | - | - | - | - | - | - | - | $245,000 |
| closing cost | $42,000 | - | - | - | - | - | - | - | - | - | $42,000 |
| operating expense | $10,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $174,000 |
| mortgage payment | $37,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $542,000 |
| total expense investment | $335,000 | $72,000 | $73,000 | $73,000 | $74,000 | $74,000 | $75,000 | $75,000 | $76,000 | $77,000 | $1,003,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$230,955 | $50,000 | $55,000 | $61,000 | $67,000 | $73,000 | $79,000 | $86,000 | $93,000 | $101,000 | $434,000 |
| cumulative roi | $26 | $48 | $67 | $85 | $101 | $117 | $132 | $146 | $161 | $176 | $1,000 |
One of Canada’s top shopping centres is transforming into a global destination that will change the way people live, shop and dine in Metro Vancouver. A 27-acre master plan will build on the vibrant energy that lives at CF Richmond Centre, with world...
Address: Richmond, British Columbia
Price Range: $589,000 - $1,395,000
Avail. suites: 7
0—3.5 bd
489—1192 SqFt