Suite number:
205 Unit F
Project:
Address:
Nanaimo, British Columbia
Developer:
Parkshore Projects Ltd.
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
526 sqft
Occupancy Date:
Jun 2025
Price, CAD
$349,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.26%
Cumulative Return on Investment in Year 5
88.53%
Property Price at the End of Year 5
$451,000
Deposit Schedule
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 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $29,000 | $231,000 |
| rent income | $2,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $90,000 |
| mortgage principal reduction | $1,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $54,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $26,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $380,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
| closing cost | $25,000 | - | - | - | - | - | - | - | - | - | $25,000 |
| operating expense | $1,000 | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $46,000 |
| mortgage payment | $4,000 | $16,000 | $16,000 | $16,000 | $16,000 | $16,000 | $16,000 | $16,000 | $16,000 | $16,000 | $148,000 |
| total expense investment | $100,000 | $20,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $22,000 | $22,000 | $290,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$73,706 | $12,000 | $13,000 | $15,000 | $16,000 | $18,000 | $20,000 | $21,000 | $23,000 | $25,000 | $90,000 |
| cumulative roi | $25 | $44 | $61 | $75 | $89 | $101 | $113 | $124 | $135 | $146 | $912 |
The Station combines easy access to nature with the convenience of downtown living. Bike or take a walk through the area’s surrounding parks and trails, enjoy a paddle along the shores of Newcastle Island, or simply spend the day exploring the many s...
Address: Nanaimo, British Columbia
Price Range: $350,000 - $530,000
Avail. suites: 28
1—2 bd
526—990 SqFt