Suite number:
103 - Unit B
Project:
Address:
Nanaimo, British Columbia
Developer:
Parkshore Projects Ltd.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
729 sqft
Occupancy Date:
Jun 2025
Price, CAD
$425,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
949.51%
Cumulative Return on Investment in Year 5
4217.04%
Property Price at the End of Year 5
$549,000
Deposit Schedule
Total up to 10% in 7 days
$42,590
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 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $281,000 |
rent income | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $322,000 |
mortgage principal reduction | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $66,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $59,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $674,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $83,000 |
mortgage payment | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $213,000 |
total expense investment | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $30,000 | $30,000 | $30,000 | $30,000 | $31,000 | $296,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $30,000 | $28,000 | $30,000 | $33,000 | $35,000 | $38,000 | $41,000 | $44,000 | $48,000 | $51,000 | $378,000 |
cumulative roi | $2,000 | $2,000 | $2,000 | $3,000 | $4,000 | $5,000 | $6,000 | $8,000 | $9,000 | $10,000 | $51,000 |
The Station
Address: Nanaimo, British Columbia
Price Range: $350,000 - $520,000
Avail. suites: 27
1—2.5 bd
526—990 SqFt