Suite number:
B3
Project:
Address:
Oro Medonte, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
470 sqft
Occupancy Date:
Dec 2025
$689,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.06%
Cumulative Return on Investment in Year 5
87.89%
Property Price at the End of Year 5
$889,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$34,495
2.5% in 120 days
$17,248
2.5% in 180 days
$17,248
10% on Occupancy
$68,990
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $455,000 |
rent income | - | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $117,000 |
mortgage principal reduction | - | $8,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $95,000 |
deposit interest | $3,000 | $88 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $39,000 | $80,000 | $60,000 | $63,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $694,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $69,000 | $69,000 | - | - | - | - | - | - | - | - | $138,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $49,000 | - | - | - | - | - | - | - | - | $49,000 |
operating expense | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $79,000 |
mortgage payment | - | $31,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $299,000 |
total expense investment | $69,000 | $156,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $44,000 | $565,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$30,341 | -$76,144 | $19,000 | $22,000 | $24,000 | $27,000 | $31,000 | $34,000 | $37,000 | $41,000 | $129,000 |
cumulative roi | $56 | $52 | $66 | $78 | $88 | $97 | $106 | $114 | $122 | $130 | $910 |
Horseshoe Residences
Address: Oro Medonte, Ontario
Price Range: $545,000 - $1,030,000
Avail. suites: 11
0—2 bd
356—773 SqFt