Suite number:
A2
Project:
Address:
Oro Medonte, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
374 sqft
Occupancy Date:
Dec 2025
Price, CAD
$588,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.47%
Cumulative Return on Investment in Year 5
81.14%
Property Price at the End of Year 5
$759,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$29,445
2.5% in 120 days
$14,723
2.5% in 180 days
$14,723
10% on Occupancy
$58,890
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 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $389,000 |
rent income | - | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $70,000 |
mortgage principal reduction | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $80,000 |
deposit interest | $932 | - | - | - | - | - | - | - | - | - | $932 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $31,000 | $70,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $564,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $118,000 | - | - | - | - | - | - | - | - | - | $118,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
operating expense | - | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $60,000 |
mortgage payment | - | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $265,000 |
total expense investment | $167,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $492,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$135,065 | $34,000 | $13,000 | $15,000 | $17,000 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $71,000 |
cumulative roi | $19 | $49 | $62 | $72 | $81 | $89 | $97 | $104 | $111 | $118 | $803 |
Horseshoe Residences
Address: Oro Medonte, Ontario
Price Range: $545,000 - $1,030,000
Avail. suites: 11
0—2 bd
356—773 SqFt