Suite number:
1 119
Project:
Address:
Wasaga, Ontario
Developer:
AvranceCorp Development
Property type:
condo
Bathrooms:
1.5
Bedrooms:
2
Size:
964 sqft
Occupancy Date:
Sep 2026
$732,640
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.39%
Cumulative Return on Investment in Year 5
110.48%
Property Price at the End of Year 5
$944,000
Deposit Schedule
$5 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $484,000 |
rent income | - | $2,000 | $28,000 | $30,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $266,000 |
mortgage principal reduction | - | $772 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $90,000 |
deposit interest | $2,000 | $2,000 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $40,000 | $45,000 | $104,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $867,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
remaining balance payment | - | $110,000 | - | - | - | - | - | - | - | - | $110,000 |
closing cost | - | $50,000 | - | - | - | - | - | - | - | - | $50,000 |
operating expense | - | $872 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $95,000 |
mortgage payment | - | $3,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $288,000 |
total expense investment | $37,000 | $164,000 | $46,000 | $46,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $49,000 | $580,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$118,954 | $58,000 | $37,000 | $41,000 | $45,000 | $49,000 | $53,000 | $58,000 | $62,000 | $287,000 |
cumulative roi | $109 | $42 | $75 | $93 | $110 | $127 | $144 | $160 | $177 | $195 | $1,000 |
Wasaga Beach Lux
Address: Wasaga, Ontario
Price Range: $479,000 - $756,000
Avail. suites: 44
1.5—2.5 bd
639—1166 SqFt