Suite number:
A3
Project:
Address:
Oro Medonte, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
396 sqft
Occupancy Date:
Dec 2025
Price, CAD
$576,900
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
81.32%
Property Price at the End of Year 5
$743,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$28,845
2.5% in 120 days
$14,423
2.5% in 180 days
$14,423
10% on Occupancy
$57,690
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 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $381,000 |
rent income | - | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $74,000 |
mortgage principal reduction | - | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $78,000 |
deposit interest | $913 | - | - | - | - | - | - | - | - | - | $913 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $31,000 | $70,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $558,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $115,000 | - | - | - | - | - | - | - | - | - | $115,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
operating expense | - | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $62,000 |
mortgage payment | - | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $260,000 |
total expense investment | $164,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $486,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$133,067 | $34,000 | $13,000 | $15,000 | $17,000 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $72,000 |
cumulative roi | $19 | $49 | $62 | $72 | $81 | $90 | $97 | $105 | $112 | $118 | $805 |
Horseshoe Residences
Address: Oro Medonte, Ontario
Price Range: $545,000 - $1,030,000
Avail. suites: 11
0—2 bd
356—773 SqFt