Suite number:
A3
Project:
Address:
Oro Medonte, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
396 sqft
Occupancy Date:
Dec 2025
Price, CAD
$576,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
15.26%
Cumulative Return on Investment in Year 5
76.87%
Property Price at the End of Year 5
$743,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$28,845
15% on Occupancy
$86,535
Net Gain (Loss)
Get Expert Advice
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 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $381,000 |
rent income | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $83,000 |
mortgage principal reduction | $6,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $87,000 |
deposit interest | $4 | - | - | - | - | - | - | - | - | - | $4 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $66,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $575,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $115,000 | - | - | - | - | - | - | - | - | - | $115,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
operating expense | $5,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $69,000 |
mortgage payment | $24,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $284,000 |
total expense investment | $193,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $517,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$127,651 | $11,000 | $13,000 | $15,000 | $18,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $58,000 |
cumulative roi | $32 | $46 | $58 | $68 | $77 | $85 | $93 | $100 | $107 | $114 | $780 |
Horseshoe Residences
Address: Oro Medonte, Ontario
Price Range: $545,000 - $1,030,000
Avail. suites: 13
0—2 bd
356—773 SqFt