Suite number:
211 - 2BDG
Project:
Address:
Toronto W02, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
794 sqft
Occupancy Date:
Sep 2025
$995,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.70%
Cumulative Return on Investment in Year 5
93.30%
Property Price at the End of Year 5
$1,283,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$49,800
10% on Occupancy
$99,599
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 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $657,000 |
rent income | $5,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $305,000 |
mortgage principal reduction | $2,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $143,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $84,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $127,000 | $133,000 | $140,000 | $1,131,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $149,000 | - | - | - | - | - | - | - | - | - | $149,000 |
remaining balance payment | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
closing cost | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
operating expense | $2,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $127,000 |
mortgage payment | $8,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $444,000 |
total expense investment | $281,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $63,000 | $63,000 | $64,000 | $64,000 | $842,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$196,878 | $35,000 | $39,000 | $44,000 | $48,000 | $53,000 | $58,000 | $64,000 | $69,000 | $75,000 | $289,000 |
cumulative roi | $29 | $48 | $65 | $80 | $93 | $106 | $119 | $131 | $143 | $155 | $969 |
WestBend Residences
Address: Toronto W02, Ontario
Price Range: $763,000 - $1,067,000
Avail. suites: 35
0—3.5 bd
427—1118 SqFt