What is Comox Bay Resort and Marina? www.comoxbayresort.com
The Comox Bay Resort is a multi-phased oceanfront development project and investment opportunitiy. Phase one of the project includes a 62 suite strata-titled hotel, an Oceanside restaurant and commercial and retail space all adjacent to the Comox Bay Marina. In addition, the Comox Bay Resort is designed as a strata-titled property. As these units are also zoned for recreational/commercial use, a hotel management team is able to rent out unoccupied suites, when owners are not in residence, which generates income for owners and makes the investment in a suite more affordable.
| Information Snapshot | ||
| Investment Type | Mortgage Secured Bond in addition to a Common Equity Shares purchase | |
| Expected return – Simple or Compounded | Cash Flow: 10% per annum at end of project or 8% per annum with quarterly distributionsAppreciation: Anticipated returns of between 15-22% per annum
Tax deductions: None |
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| Return Derived From | Income producing real estate and capital appreciation | |
| Minimum Investment | $5,000 | |
| Investment Term | 3 – 5 years | |
| Form of Distribution/Return | Interest on principle and capital gain | |
| Eligibility | RRSP, RRIF, RESP, LIRA, TFSA | |
| Head Office Location | Vancouver, British Columbia | |
