Suite number:
1A+DAT (Westerly 2)
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
596 sqft
Occupancy Date:
Sep 2025
Price, CAD
$814,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.85%
Cumulative Return on Investment in Year 5
82.15%
Property Price at the End of Year 5
$1,049,000
Deposit Schedule
$5 at Signing
Total up to 5% in 60 days
$40,700
5% in 90 days
$40,700
5% on Occupancy
$40,700
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 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $60,000 | $63,000 | $67,000 | $537,000 |
| rent income | $6,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $157,000 |
| mortgage principal reduction | $4,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $116,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $80,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $838,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $122,000 | - | - | - | - | - | - | - | - | - | $122,000 |
| remaining balance payment | $41,000 | - | - | - | - | - | - | - | - | - | $41,000 |
| closing cost | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
| operating expense | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $93,000 |
| mortgage payment | $17,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $384,000 |
| total expense investment | $250,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $52,000 | $706,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$169,981 | $19,000 | $22,000 | $26,000 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $132,000 |
| cumulative roi | $31 | $47 | $60 | $72 | $82 | $92 | $101 | $109 | $117 | $126 | $837 |
Westerly 1 & 2 Condos
Address: Toronto, Ontario
Price Range: $814,000 - $1,270,000
Avail. suites: 12
1—3 bd
596—1120 SqFt