Suite number:
1315 - PHA2 NH1
Project:
Address:
Richmond, British Columbia
Developer:
Cadillac Fairview Corporation
Property type:
condo
Floor plan:
Bathrooms:
0
Bedrooms:
1
Size:
672 sqft
Occupancy Date:
Jan 2025
Price, CAD
$949,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.95%
Cumulative Return on Investment in Year 5
147.37%
Property Price at the End of Year 5
$1,223,000
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 | $49,000 | $52,000 | $55,000 | $57,000 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $626,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $13,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $148,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $67,000 | $64,000 | $68,000 | $71,000 | $75,000 | $78,000 | $83,000 | $87,000 | $91,000 | $96,000 | $779,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $475,000 |
| total expense investment | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $475,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $19,000 | $17,000 | $20,000 | $23,000 | $27,000 | $31,000 | $35,000 | $39,000 | $44,000 | $48,000 | $304,000 |
| cumulative roi | $154 | $144 | $143 | $145 | $147 | $150 | $154 | $157 | $161 | $165 | $2,000 |
RC at CF Richmond Centre
Address: Richmond, British Columbia
Price Range: $589,000 - $2,325,000
Avail. suites: 11
0—4 bd
489—1537 SqFt