Suite number:
The Sturgeon
Project:
Address:
Kawartha Lake, Ontario
Developer:
MDM Developments
Property type:
townhouse
Floor plan:
Bathrooms:
2.5
Bedrooms:
3.5
Size:
2626 sqft
Occupancy Date:
Jan 2024
Price, CAD
$1,999,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
31.66%
Cumulative Return on Investment in Year 5
148.02%
Property Price at the End of Year 5
$2,576,000
Deposit Schedule
$5 at Signing
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 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $134,000 | $141,000 | $148,000 | $156,000 | $164,000 | $1,320,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $48,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $345,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $152,000 | $136,000 | $143,000 | $151,000 | $159,000 | $167,000 | $175,000 | $184,000 | $194,000 | $204,000 | $1,665,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $1,002,000 |
total expense investment | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $1,002,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $52,000 | $36,000 | $43,000 | $51,000 | $58,000 | $67,000 | $75,000 | $84,000 | $94,000 | $103,000 | $663,000 |
cumulative roi | $152 | $144 | $144 | $145 | $148 | $151 | $154 | $158 | $162 | $166 | $2,000 |
Fenelon Lakes Club
Address: Kawartha Lake, Ontario
Price Range: $2,000,000 - $2,400,000
Avail. suites: 4
2—3.5 bd
1000—2644 SqFt