Suite number:
1A+DAT (Westerly 2)
Project:
Address:
Toronto W08, Ontario
Developer:
Hollyburn Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
596 sqft
Occupancy Date:
Jan 2025
Price, CAD
$814,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.55%
Cumulative Return on Investment in Year 5
80.88%
Property Price at the End of Year 5
$1,049,000
Deposit Schedule
$5 at Signing
Total up to 15% in 330 days
$122,100
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 | $12,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $166,000 |
| mortgage principal reduction | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $127,000 |
| deposit interest | $226 | - | - | - | - | - | - | - | - | - | $226 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $87,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $855,000 |
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 | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| operating expense | $8,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $102,000 |
| mortgage payment | $33,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $389,000 |
| total expense investment | $268,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $719,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$181,046 | $21,000 | $24,000 | $27,000 | $31,000 | $35,000 | $38,000 | $42,000 | $47,000 | $51,000 | $136,000 |
| cumulative roi | $30 | $45 | $59 | $70 | $81 | $91 | $100 | $108 | $117 | $125 | $826 |
Westerly 1 & 2 Condos
Address: Toronto W08, Ontario
Price Range: $814,000 - $1,270,000
Avail. suites: 12
1—3 bd
596—1120 SqFt