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
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
15.25%
Cumulative Return on Investment in Year 5
76.65%
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
15% on Occupancy
$88,335
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 | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $78,000 |
mortgage principal reduction | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $89,000 |
deposit interest | $4 | - | - | - | - | - | - | - | - | - | $4 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $66,000 | $47,000 | $49,000 | $51,000 | $54,000 | $57,000 | $59,000 | $62,000 | $66,000 | $69,000 | $580,000 |
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 | $5,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $67,000 |
mortgage payment | $25,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $290,000 |
total expense investment | $196,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $523,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$130,184 | $11,000 | $13,000 | $15,000 | $18,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $57,000 |
cumulative roi | $32 | $46 | $58 | $68 | $77 | $85 | $92 | $100 | $107 | $113 | $777 |
Horseshoe Residences
Address: Oro Medonte, Ontario
Price Range: $545,000 - $1,030,000
Avail. suites: 13
0—2 bd
356—773 SqFt