Suite number:
102 - Unit A2
Project:
Address:
Nanaimo, British Columbia
Developer:
Parkshore Projects Ltd.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
832 sqft
Occupancy Date:
Jun 2025
Price, CAD
$429,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
84188.82%
Cumulative Return on Investment in Year 5
371753.80%
Property Price at the End of Year 5
$554,000
Deposit Schedule
Total up to 10% in 7 days
$42,990
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 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $284,000 |
rent income | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $44,000 | $368,000 |
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 | $63,000 | $61,000 | $63,000 | $66,000 | $70,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $723,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $93,000 |
mortgage payment | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $215,000 |
total expense investment | $30,000 | $30,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $31,000 | $32,000 | $32,000 | $308,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $33,000 | $31,000 | $33,000 | $36,000 | $39,000 | $42,000 | $45,000 | $48,000 | $52,000 | $56,000 | $415,000 |
cumulative roi | $71,000 | $138,000 | $210,000 | $288,000 | $372,000 | $463,000 | $560,000 | $665,000 | $778,000 | $898,000 | $4,442,000 |
The Station
Address: Nanaimo, British Columbia
Price Range: $350,000 - $520,000
Avail. suites: 27
1—2.5 bd
526—990 SqFt