Suite number:
A3
Project:
Address:
Oro Medonte, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
396 sqft
Occupancy Date:
Dec 2025
$576,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.09%
Cumulative Return on Investment in Year 5
84.64%
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 | - | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $74,000 |
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 | $2,000 | $74 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $32,000 | $69,000 | $48,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $64,000 | $68,000 | $561,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $58,000 | $58,000 | - | - | - | - | - | - | - | - | $115,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $47,000 | - | - | - | - | - | - | - | - | $47,000 |
operating expense | - | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $64,000 |
mortgage payment | - | $26,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $250,000 |
total expense investment | $58,000 | $136,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $477,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$25,364 | -$67,449 | $14,000 | $16,000 | $18,000 | $20,000 | $23,000 | $26,000 | $29,000 | $31,000 | $84,000 |
cumulative roi | $56 | $52 | $65 | $75 | $85 | $93 | $101 | $108 | $115 | $122 | $872 |
Horseshoe Residences
Address: Oro Medonte, Ontario
Price Range: $545,000 - $1,030,000
Avail. suites: 11
0—2 bd
356—773 SqFt