Suite number:
608 - CC13 NH2
Project:
Address:
Richmond, British Columbia
Developer:
Cadillac Fairview Corporation
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
989 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,160,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.64%
Cumulative Return on Investment in Year 5
90.01%
Property Price at the End of Year 5
$1,494,000
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 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $766,000 |
| rent income | $27,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $349,000 |
| mortgage principal reduction | $14,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $183,000 |
| deposit interest | $397 | - | - | - | - | - | - | - | - | - | $397 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $106,000 | $109,000 | $114,000 | $120,000 | $126,000 | $132,000 | $138,000 | $145,000 | $152,000 | $160,000 | $1,302,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
| remaining balance payment | $139,000 | - | - | - | - | - | - | - | - | - | $139,000 |
| closing cost | $41,000 | - | - | - | - | - | - | - | - | - | $41,000 |
| operating expense | $13,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $164,000 |
| mortgage payment | $52,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $560,000 |
| total expense investment | $338,000 | $71,000 | $72,000 | $72,000 | $73,000 | $73,000 | $74,000 | $74,000 | $75,000 | $75,000 | $997,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$232,307 | $38,000 | $43,000 | $48,000 | $53,000 | $59,000 | $65,000 | $71,000 | $77,000 | $84,000 | $306,000 |
| cumulative roi | $26 | $45 | $62 | $77 | $90 | $102 | $114 | $126 | $137 | $148 | $927 |
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