Suite number:
Model A
Project:
Address:
Meaford, Ontario
Developer:
AvranceCorp Development
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
551 sqft
Occupancy Date:
Dec 2028
Price, CAD
$436,800
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
40.63%
Cumulative Return on Investment in Year 5
114.51%
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 | - | - | - | - | $11,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $84,000 |
| mortgage principal reduction | - | - | - | - | $4,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $35,000 |
| deposit interest | $1,000 | $1,000 | $1,000 | $1,000 | $169 | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | - | $24,000 | - | - | - | - | - | $24,000 |
| total income return | $24,000 | $25,000 | $26,000 | $28,000 | $67,000 | $48,000 | $51,000 | $53,000 | $56,000 | $58,000 | $436,000 |
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 | - | - | - | - | $46,000 | - | - | - | - | - | $46,000 |
| operating expense | - | - | - | - | $4,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $32,000 |
| mortgage payment | - | - | - | - | $18,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $128,000 |
| total expense investment | $22,000 | - | - | - | $134,000 | $27,000 | $27,000 | $27,000 | $28,000 | $28,000 | $292,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $25,000 | $26,000 | $28,000 | -$66,542 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $143,000 |
| cumulative roi | $109 | $223 | $344 | $470 | $115 | $127 | $139 | $150 | $162 | $174 | $2,000 |
Georgian Bay Harbour
Address: Meaford, Ontario
Price Range: $437,000 - $1,179,000
Avail. suites: 29
1—2.5 bd
551—1500 SqFt