Suite number:
206 - 2B0F
Project:
Address:
Toronto W02, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
782 sqft
Occupancy Date:
Sep 2025
$965,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.82%
Cumulative Return on Investment in Year 5
89.32%
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
10% on Occupancy
$96,599
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 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $638,000 |
rent income | $4,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $251,000 |
mortgage principal reduction | $2,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $138,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $82,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $123,000 | $130,000 | $1,052,000 |
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 | $71,000 | - | - | - | - | - | - | - | - | - | $71,000 |
operating expense | $2,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $120,000 |
mortgage payment | $8,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $431,000 |
total expense investment | $274,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $62,000 | $814,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$191,859 | $30,000 | $34,000 | $38,000 | $42,000 | $47,000 | $52,000 | $57,000 | $62,000 | $68,000 | $238,000 |
cumulative roi | $29 | $48 | $63 | $77 | $89 | $101 | $112 | $123 | $133 | $143 | $918 |
WestBend Residences
Address: Toronto W02, Ontario
Price Range: $763,000 - $1,067,000
Avail. suites: 35
0—3.5 bd
427—1118 SqFt