Suite number:
B1
Project:
Address:
Oro Medonte, Ontario
Developer:
Freed Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
456 sqft
Occupancy Date:
Dec 2025
$645,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.97%
Cumulative Return on Investment in Year 5
87.96%
Property Price at the End of Year 5
$832,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$32,295
2.5% in 120 days
$16,148
2.5% in 180 days
$16,148
10% on Occupancy
$64,590
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $426,000 |
rent income | - | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $113,000 |
mortgage principal reduction | - | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $89,000 |
deposit interest | $3,000 | $83 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $36,000 | $77,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $655,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $65,000 | $65,000 | - | - | - | - | - | - | - | - | $129,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $48,000 | - | - | - | - | - | - | - | - | $48,000 |
operating expense | - | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $76,000 |
mortgage payment | - | $29,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $280,000 |
total expense investment | $65,000 | $149,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $534,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$28,403 | -$71,856 | $18,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $122,000 |
cumulative roi | $56 | $52 | $66 | $78 | $88 | $97 | $106 | $115 | $123 | $131 | $911 |
Horseshoe Residences
Address: Oro Medonte, Ontario
Price Range: $545,000 - $1,030,000
Avail. suites: 11
0—2 bd
356—773 SqFt