Suite number:
206 - 2B0F
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
782 sqft
Occupancy Date:
Oct 2025
Price, CAD
$965,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.17%
Cumulative Return on Investment in Year 5
86.83%
Property Price at the End of Year 5
$1,244,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$48,300
5% in 120 days
$48,300
5% on Occupancy
$48,300
Net Gain (Loss)
Get Expert Advice
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 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $638,000 |
| rent income | $8,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $255,000 |
| mortgage principal reduction | $4,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $137,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $88,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $1,055,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $145,000 | - | - | - | - | - | - | - | - | - | $145,000 |
| remaining balance payment | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
| closing cost | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
| operating expense | $4,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $118,000 |
| mortgage payment | $16,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $451,000 |
| total expense investment | $285,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $62,000 | $835,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$197,515 | $28,000 | $32,000 | $36,000 | $41,000 | $46,000 | $51,000 | $56,000 | $61,000 | $67,000 | $220,000 |
| cumulative roi | $29 | $47 | $62 | $75 | $87 | $98 | $109 | $119 | $129 | $139 | $894 |
WestBend Residences
Address: Toronto, Ontario
Price Range: $600,000 - $1,149,000
Avail. suites: 35
0—3.5 bd
427—1122 SqFt