Suite number:
Model Bs2
Project:
Address:
Meaford, Ontario
Developer:
AvranceCorp Development
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1146 sqft
Occupancy Date:
Sep 2025
$898,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.85%
Cumulative Return on Investment in Year 5
118.34%
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 | $3,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $57,000 | $436,000 |
mortgage principal reduction | $947 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $127,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $53,000 | $125,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $140,000 | $147,000 | $1,182,000 |
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 | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
operating expense | $993 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $124,000 |
mortgage payment | $4,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $397,000 |
total expense investment | $238,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $58,000 | $58,000 | $59,000 | $59,000 | $754,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$184,871 | $70,000 | $50,000 | $55,000 | $59,000 | $65,000 | $70,000 | $76,000 | $82,000 | $88,000 | $428,000 |
cumulative roi | $21 | $55 | $76 | $97 | $118 | $140 | $162 | $185 | $210 | $237 | $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