Suite number:
B1A
Project:
Address:
Oro Medonte, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
431 sqft
Occupancy Date:
Dec 2025
Price, CAD
$622,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.21%
Cumulative Return on Investment in Year 5
84.28%
Property Price at the End of Year 5
$802,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$31,145
2.5% in 120 days
$15,573
2.5% in 180 days
$15,573
10% on Occupancy
$62,290
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 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $411,000 |
rent income | - | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $108,000 |
mortgage principal reduction | - | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $84,000 |
deposit interest | $986 | - | - | - | - | - | - | - | - | - | $986 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $33,000 | $76,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $628,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $125,000 | - | - | - | - | - | - | - | - | - | $125,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
operating expense | - | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $70,000 |
mortgage payment | - | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $281,000 |
total expense investment | $174,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $525,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$140,729 | $38,000 | $16,000 | $18,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $37,000 | $103,000 |
cumulative roi | $19 | $50 | $63 | $74 | $84 | $93 | $102 | $110 | $118 | $126 | $840 |
Horseshoe Residences
Address: Oro Medonte, Ontario
Price Range: $545,000 - $1,030,000
Avail. suites: 11
0—2 bd
356—773 SqFt