Suite number:
213 - Unit A mod.
Project:
Address:
Nanaimo, British Columbia
Developer:
Parkshore Projects Ltd.
Property type:
condo
Bathrooms:
1.5
Bedrooms:
1
Size:
776 sqft
Occupancy Date:
Jun 2025
Price, CAD
$439,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.21%
Cumulative Return on Investment in Year 5
93.47%
Property Price at the End of Year 5
$567,000
Deposit Schedule
Total up to 10% in 7 days
$43,990
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 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $290,000 |
| rent income | $5,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $135,000 |
| mortgage principal reduction | $3,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $69,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $37,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $501,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $44,000 | - | - | - | - | - | - | - | - | - | $44,000 |
| remaining balance payment | $44,000 | - | - | - | - | - | - | - | - | - | $44,000 |
| closing cost | $27,000 | - | - | - | - | - | - | - | - | - | $27,000 |
| operating expense | $3,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $67,000 |
| mortgage payment | $8,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $190,000 |
| total expense investment | $126,000 | $26,000 | $27,000 | $27,000 | $27,000 | $27,000 | $28,000 | $28,000 | $28,000 | $28,000 | $372,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$89,207 | $16,000 | $18,000 | $20,000 | $22,000 | $24,000 | $26,000 | $28,000 | $31,000 | $33,000 | $129,000 |
| cumulative roi | $27 | $47 | $64 | $79 | $93 | $107 | $119 | $132 | $144 | $156 | $968 |
The Station
Address: Nanaimo, British Columbia
Price Range: $350,000 - $530,000
Avail. suites: 28
1—2 bd
526—990 SqFt