Suite number:
302 - 3B0C
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1118 sqft
Occupancy Date:
Mar 2026
Price, CAD
$1,095,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.02%
Cumulative Return on Investment in Year 5
95.17%
Property Price at the End of Year 5
$1,412,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$27,400
2.5% on Occupancy
$27,400
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 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $723,000 |
rent income | $23,000 | $40,000 | $42,000 | $44,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $56,000 | $452,000 |
mortgage principal reduction | $8,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $160,000 |
deposit interest | $448 | - | - | - | - | - | - | - | - | - | $448 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $112,000 | $114,000 | $119,000 | $125,000 | $131,000 | $138,000 | $144,000 | $151,000 | $159,000 | $166,000 | $1,360,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
remaining balance payment | $164,000 | - | - | - | - | - | - | - | - | - | $164,000 |
closing cost | $77,000 | - | - | - | - | - | - | - | - | - | $77,000 |
operating expense | $9,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $172,000 |
mortgage payment | $32,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $55,000 | $526,000 |
total expense investment | $338,000 | $71,000 | $72,000 | $72,000 | $72,000 | $73,000 | $73,000 | $74,000 | $74,000 | $75,000 | $994,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$226,070 | $43,000 | $48,000 | $53,000 | $59,000 | $65,000 | $71,000 | $78,000 | $84,000 | $92,000 | $365,000 |
cumulative roi | $29 | $47 | $64 | $80 | $95 | $110 | $124 | $138 | $153 | $168 | $1,000 |
WestBend Residences
Address: Toronto, Ontario
Price Range: $540,000 - $1,096,000
Avail. suites: 29
0—3.5 bd
427—1118 SqFt