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
$739,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.30%
Cumulative Return on Investment in Year 5
80.10%
Property Price at the End of Year 5
$952,000
Deposit Schedule
$5 at Signing
Total up to 5% in 60 days
$36,950
5% in 90 days
$36,950
5% on Occupancy
$36,950
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 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $488,000 |
rent income | $10,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $164,000 |
mortgage principal reduction | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $110,000 |
deposit interest | $376 | - | - | - | - | - | - | - | - | - | $376 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $80,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $786,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $111,000 | - | - | - | - | - | - | - | - | - | $111,000 |
remaining balance payment | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
operating expense | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $95,000 |
mortgage payment | $28,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $361,000 |
total expense investment | $245,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $666,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$165,262 | $18,000 | $21,000 | $24,000 | $28,000 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $120,000 |
cumulative roi | $30 | $45 | $58 | $70 | $80 | $90 | $99 | $108 | $116 | $125 | $820 |
Westerly 1 & 2 Condos
Address: Toronto, Ontario
Price Range: $739,000 - $1,280,000
Avail. suites: 12
1—3 bd
596—1120 SqFt