Suite number:
104 Unit B
Project:
Address:
Nanaimo, British Columbia
Developer:
Parkshore Projects Ltd.
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
729 sqft
Occupancy Date:
Jun 2025
Price, CAD
$425,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.04%
Cumulative Return on Investment in Year 5
100.62%
Property Price at the End of Year 5
$549,000
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 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $281,000 |
| rent income | $4,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $164,000 |
| mortgage principal reduction | $1,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $66,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $32,000 | $44,000 | $46,000 | $49,000 | $51,000 | $53,000 | $56,000 | $59,000 | $61,000 | $64,000 | $516,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | $85,000 | - | - | - | - | - | - | - | - | - | $85,000 |
| closing cost | $27,000 | - | - | - | - | - | - | - | - | - | $27,000 |
| operating expense | $2,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $66,000 |
| mortgage payment | $5,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $181,000 |
| total expense investment | $118,000 | $26,000 | $26,000 | $26,000 | $26,000 | $27,000 | $27,000 | $27,000 | $27,000 | $28,000 | $358,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$85,871 | $19,000 | $20,000 | $22,000 | $25,000 | $27,000 | $29,000 | $31,000 | $34,000 | $37,000 | $158,000 |
| cumulative roi | $25 | $47 | $66 | $84 | $101 | $117 | $133 | $149 | $166 | $182 | $1,000 |
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