Suite number:
1128 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
$589,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.07%
Cumulative Return on Investment in Year 5
83.04%
Property Price at the End of Year 5
$759,000
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 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $389,000 |
| rent income | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $100,000 |
| mortgage principal reduction | $5,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $96,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $47,000 | $50,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $590,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $118,000 | - | - | - | - | - | - | - | - | - | $118,000 |
| closing cost | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| operating expense | $4,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $73,000 |
| mortgage payment | $18,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $261,000 |
| total expense investment | $170,000 | $34,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $35,000 | $36,000 | $482,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$123,225 | $16,000 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $108,000 |
| cumulative roi | $25 | $44 | $59 | $72 | $83 | $93 | $103 | $112 | $121 | $129 | $840 |
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