Suite number:
301 - Unit C
Project:
Address:
Nanaimo, British Columbia
Developer:
Parkshore Projects Ltd.
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
661 sqft
Occupancy Date:
Jun 2025
$399,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.77%
Cumulative Return on Investment in Year 5
91.71%
Property Price at the End of Year 5
$515,000
Deposit Schedule
Total up to 10% in 7 days
$39,990
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 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $264,000 |
rent income | $4,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $115,000 |
mortgage principal reduction | $2,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $63,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $33,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $448,000 |
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 | $26,000 | - | - | - | - | - | - | - | - | - | $26,000 |
operating expense | $2,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $58,000 |
mortgage payment | $8,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $173,000 |
total expense investment | $116,000 | $24,000 | $24,000 | $24,000 | $24,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $337,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$82,445 | $14,000 | $16,000 | $18,000 | $19,000 | $21,000 | $23,000 | $25,000 | $28,000 | $30,000 | $112,000 |
cumulative roi | $27 | $46 | $63 | $78 | $92 | $105 | $117 | $129 | $140 | $152 | $948 |
The Station
Address: Nanaimo, British Columbia
Price Range: $350,000 - $530,000
Avail. suites: 28
1—2 bd
526—990 SqFt