Suite number:
1107 - 1B0B
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
491 sqft
Occupancy Date:
Mar 2026
Price, CAD
$589,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.57%
Cumulative Return on Investment in Year 5
82.25%
Property Price at the End of Year 5
$760,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$14,750
2.5% on Occupancy
$14,750
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 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $389,000 |
| rent income | $4,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $128,000 |
| mortgage principal reduction | $2,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $83,000 |
| deposit interest | $532 | - | - | - | - | - | - | - | - | - | $532 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $61,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $75,000 | $625,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $29,000 | - | - | - | - | - | - | - | - | - | $29,000 |
| remaining balance payment | $88,000 | - | - | - | - | - | - | - | - | - | $88,000 |
| closing cost | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
| operating expense | $2,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $71,000 |
| mortgage payment | $10,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $276,000 |
| total expense investment | $187,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $522,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$125,871 | $15,000 | $17,000 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $104,000 |
| cumulative roi | $32 | $47 | $60 | $72 | $82 | $92 | $101 | $110 | $119 | $127 | $842 |
WestBend Residences
Address: Toronto, Ontario
Price Range: $590,000 - $1,155,000
Avail. suites: 30
0—3.5 bd
427—1118 SqFt