Suite number:
3A (Westerly 1)
Project:
Address:
Toronto W08, Ontario
Developer:
Hollyburn Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
988 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,187,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.14%
Cumulative Return on Investment in Year 5
91.29%
Property Price at the End of Year 5
$1,529,000
Deposit Schedule
$5 at Signing
Total up to 15% in 330 days
$178,050
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 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $783,000 |
| rent income | $29,000 | $36,000 | $37,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $50,000 | $414,000 |
| mortgage principal reduction | $13,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $185,000 |
| deposit interest | $330 | - | - | - | - | - | - | - | - | - | $330 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $127,000 | $117,000 | $122,000 | $128,000 | $135,000 | $141,000 | $148,000 | $155,000 | $163,000 | $170,000 | $1,407,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $178,000 | - | - | - | - | - | - | - | - | - | $178,000 |
| remaining balance payment | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
| closing cost | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
| operating expense | $13,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $176,000 |
| mortgage payment | $48,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $568,000 |
| total expense investment | $378,000 | $74,000 | $74,000 | $75,000 | $75,000 | $76,000 | $76,000 | $77,000 | $78,000 | $78,000 | $1,061,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$250,396 | $43,000 | $48,000 | $54,000 | $59,000 | $65,000 | $72,000 | $78,000 | $85,000 | $92,000 | $346,000 |
| cumulative roi | $29 | $47 | $63 | $78 | $91 | $104 | $117 | $129 | $142 | $154 | $954 |
Westerly 1 & 2 Condos
Address: Toronto W08, Ontario
Price Range: $814,000 - $1,270,000
Avail. suites: 12
1—3 bd
596—1120 SqFt