Suite number:
1028 - AA11 NH1
Project:
Address:
Richmond, British Columbia
Developer:
Cadillac Fairview Corporation
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
489 sqft
Occupancy Date:
Jan 2025
Price, CAD
$588,550
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.96%
Cumulative Return on Investment in Year 5
78.62%
Property Price at the End of Year 5
$758,000
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 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $388,000 |
| rent income | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $103,000 |
| mortgage principal reduction | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $93,000 |
| deposit interest | $201 | - | - | - | - | - | - | - | - | - | $201 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $51,000 | $49,000 | $51,000 | $54,000 | $57,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $590,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
| remaining balance payment | $71,000 | - | - | - | - | - | - | - | - | - | $71,000 |
| closing cost | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| operating expense | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $75,000 |
| mortgage payment | $26,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $284,000 |
| total expense investment | $180,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $507,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$129,245 | $14,000 | $16,000 | $18,000 | $21,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $83,000 |
| cumulative roi | $25 | $42 | $56 | $68 | $79 | $88 | $97 | $105 | $113 | $121 | $796 |
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