Suite number:
211 - 2BDG
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
794 sqft
Occupancy Date:
Oct 2025
Price, CAD
$943,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.70%
Cumulative Return on Investment in Year 5
90.03%
Property Price at the End of Year 5
$1,216,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$47,200
5% in 120 days
$47,200
5% on Occupancy
$47,200
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 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $77,000 | $623,000 |
| rent income | $18,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $324,000 |
| mortgage principal reduction | $8,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $140,000 |
| deposit interest | $595 | - | - | - | - | - | - | - | - | - | $595 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $100,000 | $92,000 | $97,000 | $101,000 | $106,000 | $112,000 | $117,000 | $123,000 | $129,000 | $135,000 | $1,111,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $142,000 | - | - | - | - | - | - | - | - | - | $142,000 |
| remaining balance payment | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
| closing cost | $71,000 | - | - | - | - | - | - | - | - | - | $71,000 |
| operating expense | $8,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $128,000 |
| mortgage payment | $32,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $457,000 |
| total expense investment | $300,000 | $59,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $845,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$199,774 | $33,000 | $37,000 | $41,000 | $46,000 | $51,000 | $56,000 | $61,000 | $67,000 | $73,000 | $266,000 |
| cumulative roi | $29 | $47 | $63 | $77 | $90 | $103 | $115 | $127 | $140 | $152 | $942 |
WestBend Residences
Address: Toronto, Ontario
Price Range: $590,000 - $1,067,000
Avail. suites: 31
0—3.5 bd
427—1122 SqFt