Suite number:
Model A
Project:
Address:
Meaford, Ontario
Developer:
AvranceCorp Development
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
551 sqft
Occupancy Date:
Sep 2025
$436,800
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.84%
Cumulative Return on Investment in Year 5
96.52%
Property Price at the End of Year 5
$563,000
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 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $288,000 |
rent income | $1,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $140,000 |
mortgage principal reduction | $460 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $62,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $25,000 | $66,000 | $45,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $515,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $22,000 | - | - | - | - | - | - | - | - | - | $22,000 |
remaining balance payment | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
closing cost | $44,000 | - | - | - | - | - | - | - | - | - | $44,000 |
operating expense | $429 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $53,000 |
mortgage payment | $2,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $193,000 |
total expense investment | $134,000 | $26,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $28,000 | $28,000 | $378,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$108,564 | $40,000 | $18,000 | $20,000 | $22,000 | $24,000 | $27,000 | $29,000 | $32,000 | $34,000 | $137,000 |
cumulative roi | $18 | $54 | $69 | $83 | $97 | $109 | $122 | $134 | $146 | $159 | $992 |
Georgian Bay Harbour
Address: Meaford, Ontario
Price Range: $437,000 - $1,179,000
Avail. suites: 29
1—2.5 bd
551—1500 SqFt