Suite number:
A1
Project:
Address:
Oro Medonte, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
356 sqft
Occupancy Date:
Dec 2025
Price, CAD
$544,900
Available
ROI
10,52%
Monthly Expenses
- condo fees— $299
- property taxes— $136
- property management— $32
- repairs and maintenance— $16
Total: $483
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.31%
Cumulative Return on Investment in Year 5
81.04%
Property Price at the End of Year 5
$702,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$27,245
2.5% in 120 days
$13,623
2.5% in 180 days
$13,623
10% on Occupancy
$54,490
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $45,000 | $360,000 |
| rent income | - | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $67,000 |
| mortgage principal reduction | - | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $74,000 |
| deposit interest | $862 | - | - | - | - | - | - | - | - | - | $862 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $29,000 | $67,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $57,000 | $60,000 | $63,000 | $525,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $109,000 | - | - | - | - | - | - | - | - | - | $109,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
| operating expense | - | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $57,000 |
| mortgage payment | - | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $246,000 |
| total expense investment | $157,000 | $33,000 | $33,000 | $33,000 | $33,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $459,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$127,737 | $34,000 | $12,000 | $14,000 | $16,000 | $18,000 | $21,000 | $24,000 | $26,000 | $29,000 | $66,000 |
| cumulative roi | $19 | $50 | $62 | $72 | $81 | $89 | $97 | $104 | $111 | $118 | $802 |
Horseshoe Residences
Address: Oro Medonte, Ontario
Price Range: $545,000 - $1,030,000
Avail. suites: 11
0—2 bd
356—773 SqFt
Proforma Calculator
80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.