Suite number:
2B (Westerly 2)
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
772 sqft
Occupancy Date:
Sep 2025
Price, CAD
$907,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.42%
Cumulative Return on Investment in Year 5
84.43%
Property Price at the End of Year 5
$1,169,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$136,050
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 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $599,000 |
rent income | $19,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $268,000 |
mortgage principal reduction | $9,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $137,000 |
deposit interest | $19 | - | - | - | - | - | - | - | - | - | $19 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $99,000 | $85,000 | $89,000 | $93,000 | $98,000 | $102,000 | $107,000 | $113,000 | $118,000 | $124,000 | $1,028,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $136,000 | - | - | - | - | - | - | - | - | - | $136,000 |
remaining balance payment | $45,000 | - | - | - | - | - | - | - | - | - | $45,000 |
closing cost | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
operating expense | $10,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $127,000 |
mortgage payment | $38,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $447,000 |
total expense investment | $299,000 | $57,000 | $58,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $825,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$199,500 | $27,000 | $31,000 | $35,000 | $39,000 | $44,000 | $49,000 | $54,000 | $59,000 | $64,000 | $203,000 |
cumulative roi | $29 | $46 | $60 | $73 | $84 | $96 | $106 | $117 | $127 | $137 | $874 |
Westerly 1 & 2 Condos
Address: Toronto, Ontario
Price Range: $739,000 - $1,280,000
Avail. suites: 12
1—3 bd
596—1120 SqFt