Suite number:
Model C
Project:
Address:
Meaford, Ontario
Developer:
AvranceCorp Development
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
993 sqft
Occupancy Date:
Sep 2025
$780,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.35%
Cumulative Return on Investment in Year 5
107.60%
Property Price at the End of Year 5
$1,006,000
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 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $515,000 |
rent income | $2,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $38,000 | $39,000 | $41,000 | $315,000 |
mortgage principal reduction | $823 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $111,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $46,000 | $106,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $119,000 | $966,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $39,000 | - | - | - | - | - | - | - | - | - | $39,000 |
remaining balance payment | $117,000 | - | - | - | - | - | - | - | - | - | $117,000 |
closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
operating expense | $816 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $102,000 |
mortgage payment | $3,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $345,000 |
total expense investment | $211,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $51,000 | $654,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$165,707 | $58,000 | $38,000 | $42,000 | $46,000 | $50,000 | $54,000 | $59,000 | $64,000 | $69,000 | $313,000 |
cumulative roi | $21 | $54 | $73 | $90 | $108 | $124 | $141 | $158 | $176 | $194 | $1,000 |
Georgian Bay Harbour
Address: Meaford, Ontario
Price Range: $437,000 - $1,179,000
Avail. suites: 29
1—2.5 bd
551—1500 SqFt