Suite number:
The Sturgeon
Project:
Address:
Kawartha Lake, Ontario
Developer:
MDM Developments
Property type:
townhouse
Bathrooms:
2.5
Bedrooms:
3.5
Size:
2626 sqft
Occupancy Date:
Jan 2024
Price, CAD
$1,999,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.78%
Cumulative Return on Investment in Year 5
153.14%
Property Price at the End of Year 5
$2,576,000
Deposit Schedule
$5 at Signing
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 | $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 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $352,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $152,000 | $137,000 | $144,000 | $152,000 | $159,000 | $168,000 | $176,000 | $185,000 | $194,000 | $204,000 | $1,672,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $97,000 | $97,000 | $97,000 | $97,000 | $97,000 | $97,000 | $97,000 | $97,000 | $97,000 | $97,000 | $973,000 |
| total expense investment | $97,000 | $97,000 | $97,000 | $97,000 | $97,000 | $97,000 | $97,000 | $97,000 | $97,000 | $97,000 | $973,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $55,000 | $40,000 | $47,000 | $54,000 | $62,000 | $70,000 | $79,000 | $88,000 | $97,000 | $107,000 | $699,000 |
| cumulative roi | $156 | $149 | $149 | $150 | $153 | $156 | $160 | $164 | $168 | $172 | $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