Suite number:
B2A
Project:
Address:
Oro Medonte, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
451 sqft
Occupancy Date:
Dec 2025
Price, CAD
$672,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.11%
Cumulative Return on Investment in Year 5
79.92%
Property Price at the End of Year 5
$867,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$33,645
15% on Occupancy
$100,935
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $444,000 |
rent income | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $126,000 |
mortgage principal reduction | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $102,000 |
deposit interest | $5 | - | - | - | - | - | - | - | - | - | $5 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $75,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $696,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $135,000 | - | - | - | - | - | - | - | - | - | $135,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
operating expense | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $82,000 |
mortgage payment | $28,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $331,000 |
total expense investment | $219,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $598,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$144,792 | $15,000 | $18,000 | $20,000 | $23,000 | $26,000 | $30,000 | $33,000 | $37,000 | $40,000 | $97,000 |
cumulative roi | $32 | $47 | $59 | $70 | $80 | $89 | $97 | $106 | $113 | $121 | $814 |
Horseshoe Residences
Address: Oro Medonte, Ontario
Price Range: $545,000 - $1,030,000
Avail. suites: 13
0—2 bd
356—773 SqFt