Suite number:
Model Bs3
Project:
Address:
Meaford, Ontario
Developer:
AvranceCorp Development
Property type:
condo
Floor plan:
Bathrooms:
1.5
Bedrooms:
1.5
Size:
921 sqft
Occupancy Date:
Sep 2025
Price, CAD
$728,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.30%
Cumulative Return on Investment in Year 5
112.94%
Property Price at the End of Year 5
$939,000
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 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $481,000 |
rent income | $3,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $348,000 |
mortgage principal reduction | $734 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $100,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $43,000 | $105,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $113,000 | $118,000 | $955,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $36,000 | - | - | - | - | - | - | - | - | - | $36,000 |
remaining balance payment | $109,000 | - | - | - | - | - | - | - | - | - | $109,000 |
closing cost | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
operating expense | $799 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $96,000 |
mortgage payment | $3,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $332,000 |
total expense investment | $201,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $625,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$158,274 | $59,000 | $39,000 | $43,000 | $47,000 | $51,000 | $55,000 | $60,000 | $65,000 | $70,000 | $330,000 |
cumulative roi | $20 | $54 | $74 | $94 | $113 | $133 | $153 | $174 | $197 | $221 | $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