Suite number:
Model Bs2
Project:
Address:
Meaford, Ontario
Developer:
AvranceCorp Development
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1146 sqft
Occupancy Date:
Dec 2028
Price, CAD
$898,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
38.20%
Cumulative Return on Investment in Year 5
127.07%
Property Price at the End of Year 5
$1,158,000
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $593,000 |
| rent income | - | - | - | - | $33,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $259,000 |
| mortgage principal reduction | - | - | - | - | $9,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $73,000 |
| deposit interest | $2,000 | $2,000 | $2,000 | $2,000 | $348 | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $49,000 | $52,000 | $54,000 | $57,000 | $124,000 | $113,000 | $119,000 | $124,000 | $130,000 | $137,000 | $959,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $45,000 | - | - | - | - | - | - | - | - | - | $45,000 |
| remaining balance payment | - | - | - | - | $135,000 | - | - | - | - | - | $135,000 |
| closing cost | - | - | - | - | $55,000 | - | - | - | - | - | $55,000 |
| operating expense | - | - | - | - | $10,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $74,000 |
| mortgage payment | - | - | - | - | $38,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $263,000 |
| total expense investment | $45,000 | - | - | - | $237,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $571,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $4,000 | $52,000 | $54,000 | $57,000 | -$113,089 | $56,000 | $61,000 | $67,000 | $72,000 | $78,000 | $388,000 |
| cumulative roi | $109 | $223 | $344 | $470 | $127 | $147 | $168 | $189 | $210 | $233 | $2,000 |
Georgian Bay Harbour
Address: Meaford, Ontario
Price Range: $437,000 - $1,179,000
Avail. suites: 29
1—2.5 bd
551—1500 SqFt