Suite number:
301 - Unit C
Project:
Address:
Nanaimo, British Columbia
Developer:
Parkshore Projects Ltd.
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
661 sqft
Occupancy Date:
Jun 2025
Price, CAD
$399,900
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
84.44%
Property Price at the End of Year 5
$515,000
Deposit Schedule
Total up to 10% in 7 days
$39,990
Net Gain (Loss)
Get Expert Advice
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 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $264,000 |
| rent income | $6,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $117,000 |
| mortgage principal reduction | $3,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $58,000 |
| deposit interest | $793 | - | - | - | - | - | - | - | - | - | $793 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $446,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
| remaining balance payment | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
| closing cost | $27,000 | - | - | - | - | - | - | - | - | - | $27,000 |
| operating expense | $3,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $57,000 |
| mortgage payment | $12,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $192,000 |
| total expense investment | $122,000 | $25,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $27,000 | $356,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$87,000 | $12,000 | $14,000 | $15,000 | $17,000 | $19,000 | $21,000 | $24,000 | $26,000 | $28,000 | $89,000 |
| cumulative roi | $26 | $44 | $59 | $72 | $84 | $96 | $107 | $118 | $128 | $139 | $871 |
The Station
Address: Nanaimo, British Columbia
Price Range: $350,000 - $530,000
Avail. suites: 25
1—2 bd
526—990 SqFt