Suite number:
C2
Project:
Address:
Oro Medonte, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1.5
Size:
594 sqft
Occupancy Date:
Dec 2025
Price, CAD
$849,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.19%
Cumulative Return on Investment in Year 5
91.45%
Property Price at the End of Year 5
$1,095,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$42,495
2.5% in 120 days
$21,248
2.5% in 180 days
$21,248
10% on Occupancy
$84,990
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 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $561,000 |
rent income | - | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $222,000 |
mortgage principal reduction | - | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $115,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $45,000 | $102,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $923,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $170,000 | - | - | - | - | - | - | - | - | - | $170,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
operating expense | - | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $103,000 |
mortgage payment | - | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $383,000 |
total expense investment | $224,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $55,000 | $710,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$178,539 | $49,000 | $28,000 | $32,000 | $36,000 | $40,000 | $45,000 | $49,000 | $54,000 | $59,000 | $213,000 |
cumulative roi | $20 | $50 | $66 | $79 | $91 | $103 | $114 | $124 | $135 | $145 | $927 |
Horseshoe Residences
Address: Oro Medonte, Ontario
Price Range: $545,000 - $1,030,000
Avail. suites: 11
0—2 bd
356—773 SqFt