Suite number:
308 - Unit K
Project:
Address:
Nanaimo, British Columbia
Developer:
Parkshore Projects Ltd.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
734 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
28.33%
Cumulative Return on Investment in Year 5
130.30%
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 | $15,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $296,000 |
| mortgage principal reduction | $3,000 | $5,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $63,000 |
| deposit interest | $853 | - | - | - | - | - | - | - | - | - | $853 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $46,000 | $55,000 | $58,000 | $61,000 | $63,000 | $66,000 | $70,000 | $73,000 | $76,000 | $80,000 | $649,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $43,000 | - | - | - | - | - | - | - | - | - | $43,000 |
| remaining balance payment | $43,000 | - | - | - | - | - | - | - | - | - | $43,000 |
| closing cost | $28,000 | - | - | - | - | - | - | - | - | - | $28,000 |
| operating expense | $4,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $78,000 |
| mortgage payment | $13,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $206,000 |
| total expense investment | $131,000 | $29,000 | $29,000 | $29,000 | $29,000 | $30,000 | $30,000 | $30,000 | $30,000 | $31,000 | $398,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$84,722 | $26,000 | $29,000 | $31,000 | $34,000 | $37,000 | $40,000 | $43,000 | $46,000 | $49,000 | $251,000 |
| cumulative roi | $27 | $51 | $76 | $102 | $130 | $160 | $191 | $224 | $263 | $304 | $2,000 |
The Station
Address: Nanaimo, British Columbia
Price Range: $350,000 - $530,000
Avail. suites: 25
1—2 bd
526—990 SqFt