Suite number:
204 - 2B0E
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
786 sqft
Occupancy Date:
Mar 2026
Price, CAD
$885,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.26%
Cumulative Return on Investment in Year 5
87.48%
Property Price at the End of Year 5
$1,141,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$22,150
2.5% on Occupancy
$22,150
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 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $585,000 |
rent income | $8,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $256,000 |
mortgage principal reduction | $4,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $125,000 |
deposit interest | $799 | - | - | - | - | - | - | - | - | - | $799 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $82,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $105,000 | $110,000 | $116,000 | $121,000 | $991,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $44,000 | - | - | - | - | - | - | - | - | - | $44,000 |
remaining balance payment | $133,000 | - | - | - | - | - | - | - | - | - | $133,000 |
closing cost | $69,000 | - | - | - | - | - | - | - | - | - | $69,000 |
operating expense | $4,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $116,000 |
mortgage payment | $15,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $414,000 |
total expense investment | $265,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $776,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$182,688 | $27,000 | $31,000 | $35,000 | $39,000 | $43,000 | $48,000 | $53,000 | $58,000 | $63,000 | $215,000 |
cumulative roi | $29 | $47 | $62 | $75 | $87 | $99 | $110 | $121 | $132 | $142 | $904 |
WestBend Residences
Address: Toronto, Ontario
Price Range: $590,000 - $1,155,000
Avail. suites: 30
0—3.5 bd
427—1118 SqFt