Suite number:
2F (Westerly 2)
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
803 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,011,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.36%
Cumulative Return on Investment in Year 5
83.55%
Property Price at the End of Year 5
$1,303,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$151,650
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 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $667,000 |
rent income | $19,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $279,000 |
mortgage principal reduction | $10,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $153,000 |
deposit interest | $22 | - | - | - | - | - | - | - | - | - | $22 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $106,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $123,000 | $129,000 | $136,000 | $1,123,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $152,000 | - | - | - | - | - | - | - | - | - | $152,000 |
remaining balance payment | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
closing cost | $74,000 | - | - | - | - | - | - | - | - | - | $74,000 |
operating expense | $10,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $134,000 |
mortgage payment | $42,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $498,000 |
total expense investment | $329,000 | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $65,000 | $66,000 | $908,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$222,132 | $29,000 | $34,000 | $38,000 | $43,000 | $48,000 | $53,000 | $58,000 | $64,000 | $70,000 | $215,000 |
cumulative roi | $28 | $45 | $59 | $72 | $84 | $94 | $105 | $115 | $125 | $135 | $862 |
Westerly 1 & 2 Condos
Address: Toronto, Ontario
Price Range: $739,000 - $1,280,000
Avail. suites: 12
1—3 bd
596—1120 SqFt