Suite number:
1 116
Project:
Address:
Wasaga, Ontario
Developer:
AvranceCorp Development
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
639 sqft
Occupancy Date:
Sep 2026
Price, CAD
$479,220
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.55%
Cumulative Return on Investment in Year 5
111.81%
Property Price at the End of Year 5
$617,000
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 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $316,000 |
rent income | - | $2,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $210,000 |
mortgage principal reduction | - | $482 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $57,000 |
deposit interest | $1,000 | $1,000 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $26,000 | $30,000 | $80,000 | $59,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $610,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
remaining balance payment | - | $72,000 | - | - | - | - | - | - | - | - | $72,000 |
closing cost | - | $47,000 | - | - | - | - | - | - | - | - | $47,000 |
operating expense | - | $605 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $64,000 |
mortgage payment | - | $2,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $194,000 |
total expense investment | $24,000 | $121,000 | $31,000 | $31,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $33,000 | $400,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | -$91,371 | $49,000 | $27,000 | $30,000 | $33,000 | $35,000 | $38,000 | $42,000 | $45,000 | $209,000 |
cumulative roi | $109 | $38 | $75 | $93 | $112 | $130 | $150 | $170 | $191 | $214 | $1,000 |
Wasaga Beach Lux
Address: Wasaga, Ontario
Price Range: $479,000 - $756,000
Avail. suites: 44
1.5—2.5 bd
639—1166 SqFt