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
20.95%
Cumulative Return on Investment in Year 5
95.20%
Property Price at the End of Year 5
$1,494,000
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 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $766,000 |
| rent income | $19,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $338,000 |
| mortgage principal reduction | $11,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $189,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $95,000 | $110,000 | $115,000 | $121,000 | $127,000 | $133,000 | $139,000 | $146,000 | $153,000 | $160,000 | $1,298,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $232,000 | - | - | - | - | - | - | - | - | - | $232,000 |
| closing cost | $41,000 | - | - | - | - | - | - | - | - | - | $41,000 |
| operating expense | $10,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $159,000 |
| mortgage payment | $35,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $514,000 |
| total expense investment | $318,000 | $68,000 | $68,000 | $69,000 | $69,000 | $70,000 | $70,000 | $71,000 | $71,000 | $72,000 | $946,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$222,947 | $42,000 | $47,000 | $52,000 | $57,000 | $63,000 | $69,000 | $75,000 | $81,000 | $88,000 | $351,000 |
| cumulative roi | $26 | $47 | $65 | $81 | $95 | $109 | $122 | $134 | $146 | $159 | $983 |
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