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:
Dec 2028
Price, CAD
$701,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
38.62%
Cumulative Return on Investment in Year 5
122.26%
Property Price at the End of Year 5
$904,000
Deposit Schedule
$5 at Signing
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $463,000 |
| rent income | - | - | - | - | $22,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $169,000 |
| mortgage principal reduction | - | - | - | - | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $57,000 |
| deposit interest | $2,000 | $2,000 | $2,000 | $2,000 | $272 | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $38,000 | $40,000 | $42,000 | $44,000 | $98,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $721,000 |
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 | - | - | - | - | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $54,000 |
| mortgage payment | - | - | - | - | $29,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $205,000 |
| total expense investment | $35,000 | - | - | - | $193,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $451,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | $40,000 | $42,000 | $44,000 | -$95,028 | $39,000 | $43,000 | $47,000 | $51,000 | $55,000 | $270,000 |
| cumulative roi | $109 | $223 | $344 | $470 | $122 | $139 | $155 | $170 | $186 | $202 | $2,000 |
Georgian Bay Harbour
Address: Meaford, Ontario
Price Range: $437,000 - $1,179,000
Avail. suites: 29
1—2.5 bd
551—1500 SqFt