Suite number:
3A (Westerly 1)
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
988 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,197,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.74%
Cumulative Return on Investment in Year 5
89.15%
Property Price at the End of Year 5
$1,542,000
Deposit Schedule
$5 at Signing
Total up to 5% in 60 days
$59,850
5% in 90 days
$59,850
5% on Occupancy
$59,850
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 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $790,000 |
| rent income | $26,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $407,000 |
| mortgage principal reduction | $11,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $179,000 |
| deposit interest | $609 | - | - | - | - | - | - | - | - | - | $609 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $124,000 | $116,000 | $122,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $163,000 | $170,000 | $1,401,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $180,000 | - | - | - | - | - | - | - | - | - | $180,000 |
| remaining balance payment | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
| closing cost | $81,000 | - | - | - | - | - | - | - | - | - | $81,000 |
| operating expense | $12,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $168,000 |
| mortgage payment | $45,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $584,000 |
| total expense investment | $377,000 | $76,000 | $76,000 | $77,000 | $77,000 | $77,000 | $78,000 | $78,000 | $79,000 | $79,000 | $1,073,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$253,794 | $41,000 | $46,000 | $52,000 | $57,000 | $64,000 | $70,000 | $77,000 | $84,000 | $91,000 | $327,000 |
| cumulative roi | $28 | $46 | $62 | $76 | $89 | $102 | $114 | $126 | $138 | $150 | $931 |
Westerly 1 & 2 Condos
Address: Toronto, Ontario
Price Range: $739,000 - $1,280,000
Avail. suites: 12
1—3 bd
596—1120 SqFt