Suite number:
B2 + B3
Project:
Address:
Oro Medonte, Ontario
Developer:
Freed Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
470 sqft
Occupancy Date:
Dec 2025
Price, CAD
$689,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.17%
Cumulative Return on Investment in Year 5
80.07%
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
15% on Occupancy
$103,485
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $455,000 |
rent income | $9,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $131,000 |
mortgage principal reduction | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $104,000 |
deposit interest | $5 | - | - | - | - | - | - | - | - | - | $5 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $76,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $81,000 | $86,000 | $715,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $138,000 | - | - | - | - | - | - | - | - | - | $138,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
operating expense | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $85,000 |
mortgage payment | $29,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $340,000 |
total expense investment | $224,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $613,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$148,051 | $15,000 | $18,000 | $21,000 | $24,000 | $27,000 | $30,000 | $34,000 | $38,000 | $41,000 | $101,000 |
cumulative roi | $31 | $47 | $59 | $70 | $80 | $89 | $98 | $106 | $114 | $122 | $816 |
Horseshoe Residences
Address: Oro Medonte, Ontario
Price Range: $545,000 - $1,030,000
Avail. suites: 13
0—2 bd
356—773 SqFt