Suite number:
1309 - PHA3 NH1
Project:
Address:
Richmond, British Columbia
Developer:
Cadillac Fairview Corporation
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
829 sqft
Occupancy Date:
Jan 2025
Price, CAD
$979,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.50%
Cumulative Return on Investment in Year 5
144.57%
Property Price at the End of Year 5
$1,262,000
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 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $647,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $16,000 | $13,000 | $13,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $157,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $67,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $804,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $490,000 |
| total expense investment | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $490,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $18,000 | $17,000 | $21,000 | $24,000 | $28,000 | $32,000 | $36,000 | $41,000 | $45,000 | $50,000 | $314,000 |
| cumulative roi | $138 | $137 | $139 | $141 | $145 | $148 | $152 | $156 | $160 | $164 | $1,000 |
RC at CF Richmond Centre
Address: Richmond, British Columbia
Price Range: $589,000 - $2,175,000
Avail. suites: 12
0—4 bd
489—1537 SqFt