Suite number:
1028 - AA11 NH1
Project:
Address:
Richmond, British Columbia
Developer:
Cadillac Fairview Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
489 sqft
Occupancy Date:
Jan 2025
Status
This property is sold
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.55%
Cumulative Return on Investment in Year 5
76.65%
Property Price at the End of Year 5
$758,000
Deposit Schedule
$8 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $90,000 |
| deposit interest | $201 | - | - | - | - | - | - | - | - | - | $201 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $50,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $587,000 |
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 | $31,000 | - | - | - | - | - | - | - | - | - | $31,000 |
| operating expense | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $72,000 |
| mortgage payment | $27,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $292,000 |
| total expense investment | $182,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $514,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$131,822 | $12,000 | $15,000 | $17,000 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $73,000 |
| cumulative roi | $25 | $41 | $55 | $66 | $77 | $86 | $95 | $103 | $111 | $119 | $777 |
RC at CF Richmond Centre
Address: Richmond, British Columbia
Price Range: $759,000 - $1,580,000
Avail. suites: 5
0—4 bd
489—1586 SqFt