Suite number:
210 - Unit G
Project:
Address:
Nanaimo, British Columbia
Developer:
Parkshore Projects Ltd.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
643 sqft
Occupancy Date:
Jun 2025
Price, CAD
$369,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.14%
Cumulative Return on Investment in Year 5
84.66%
Property Price at the End of Year 5
$477,000
Deposit Schedule
Total up to 10% in 7 days
$36,990
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 | $19,000 | $20,000 | $21,000 | $22,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $244,000 |
rent income | $6,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $114,000 |
mortgage principal reduction | $3,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $54,000 |
deposit interest | $734 | - | - | - | - | - | - | - | - | - | $734 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $33,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $51,000 | $418,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
remaining balance payment | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
closing cost | $27,000 | - | - | - | - | - | - | - | - | - | $27,000 |
operating expense | $3,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $55,000 |
mortgage payment | $11,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $178,000 |
total expense investment | $115,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $25,000 | $25,000 | $25,000 | $333,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$81,395 | $11,000 | $13,000 | $15,000 | $16,000 | $18,000 | $20,000 | $22,000 | $24,000 | $27,000 | $85,000 |
cumulative roi | $26 | $43 | $59 | $72 | $85 | $96 | $107 | $118 | $129 | $140 | $876 |
The Station
Address: Nanaimo, British Columbia
Price Range: $350,000 - $530,000
Avail. suites: 25
1—2 bd
526—990 SqFt