Suite number:
B1A
Project:
Address:
Oro Medonte, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
431 sqft
Occupancy Date:
Dec 2025
$622,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.86%
Cumulative Return on Investment in Year 5
87.74%
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 | - | $9,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $107,000 |
mortgage principal reduction | - | $7,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $86,000 |
deposit interest | $3,000 | $80 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $35,000 | $75,000 | $55,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $631,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $62,000 | $62,000 | - | - | - | - | - | - | - | - | $125,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $48,000 | - | - | - | - | - | - | - | - | $48,000 |
operating expense | - | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $72,000 |
mortgage payment | - | $28,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $270,000 |
total expense investment | $62,000 | $145,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $515,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$27,390 | -$69,795 | $17,000 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $116,000 |
cumulative roi | $56 | $52 | $66 | $77 | $88 | $97 | $106 | $114 | $122 | $130 | $908 |
Horseshoe Residences
Address: Oro Medonte, Ontario
Price Range: $545,000 - $1,030,000
Avail. suites: 11
0—2 bd
356—773 SqFt