Suite number:
1FF+D (Westerly 1)
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1
Size:
863 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,045,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.68%
Cumulative Return on Investment in Year 5
80.09%
Property Price at the End of Year 5
$1,346,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$156,750
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 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $77,000 | $82,000 | $86,000 | $690,000 |
rent income | $17,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $240,000 |
mortgage principal reduction | $11,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $158,000 |
deposit interest | $22 | - | - | - | - | - | - | - | - | - | $22 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $106,000 | $91,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $135,000 | $1,111,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $157,000 | - | - | - | - | - | - | - | - | - | $157,000 |
remaining balance payment | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
closing cost | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
operating expense | $11,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $138,000 |
mortgage payment | $44,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $515,000 |
total expense investment | $338,000 | $65,000 | $66,000 | $66,000 | $66,000 | $66,000 | $67,000 | $67,000 | $67,000 | $68,000 | $936,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$232,600 | $26,000 | $30,000 | $35,000 | $40,000 | $44,000 | $50,000 | $55,000 | $61,000 | $67,000 | $175,000 |
cumulative roi | $28 | $44 | $58 | $69 | $80 | $90 | $99 | $108 | $117 | $126 | $820 |
Westerly 1 & 2 Condos
Address: Toronto, Ontario
Price Range: $739,000 - $1,280,000
Avail. suites: 12
1—3 bd
596—1120 SqFt