Suite number:
Model E
Project:
Address:
Meaford, Ontario
Developer:
AvranceCorp Development
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
892 sqft
Occupancy Date:
Sep 2025
Price, CAD
$701,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.44%
Cumulative Return on Investment in Year 5
104.27%
Property Price at the End of Year 5
$904,000
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $463,000 |
| rent income | $2,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $283,000 |
| mortgage principal reduction | $707 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $96,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $41,000 | $97,000 | $77,000 | $81,000 | $84,000 | $89,000 | $93,000 | $97,000 | $102,000 | $107,000 | $868,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $35,000 | - | - | - | - | - | - | - | - | - | $35,000 |
| remaining balance payment | $105,000 | - | - | - | - | - | - | - | - | - | $105,000 |
| closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
| operating expense | $733 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $88,000 |
| mortgage payment | $3,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $319,000 |
| total expense investment | $195,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $599,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$154,151 | $53,000 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $52,000 | $56,000 | $61,000 | $269,000 |
| cumulative roi | $20 | $53 | $71 | $88 | $104 | $120 | $136 | $153 | $169 | $187 | $1,000 |
Georgian Bay Harbour
Address: Meaford, Ontario
Price Range: $437,000 - $1,179,000
Avail. suites: 29
1—2.5 bd
551—1500 SqFt