Suite number:
Model E
Project:
Address:
Meaford, Ontario
Developer:
AvranceCorp Development
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
892 sqft
Occupancy Date:
Sep 2025
$701,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.03%
Cumulative Return on Investment in Year 5
107.01%
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 | $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 | $740 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $99,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $41,000 | $98,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $102,000 | $107,000 | $871,000 |
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 | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
operating expense | $733 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $91,000 |
mortgage payment | $3,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $310,000 |
total expense investment | $193,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $46,000 | $591,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$152,534 | $55,000 | $34,000 | $37,000 | $41,000 | $45,000 | $49,000 | $53,000 | $57,000 | $62,000 | $280,000 |
cumulative roi | $20 | $54 | $72 | $90 | $107 | $124 | $140 | $157 | $174 | $193 | $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