Suite number:
1CC+D (Westerly 1)
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
1
Size:
749 sqft
Occupancy Date:
Sep 2025
Price, CAD
$940,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.19%
Cumulative Return on Investment in Year 5
82.96%
Property Price at the End of Year 5
$1,211,000
Deposit Schedule
$5 at Signing
Total up to 5% in 60 days
$47,000
5% in 90 days
$47,000
5% on Occupancy
$47,000
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 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $620,000 |
rent income | $7,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $197,000 |
mortgage principal reduction | $5,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $134,000 |
deposit interest | $4,000 | - | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $89,000 | $81,000 | $85,000 | $89,000 | $94,000 | $98,000 | $103,000 | $108,000 | $114,000 | $119,000 | $980,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $141,000 | - | - | - | - | - | - | - | - | - | $141,000 |
remaining balance payment | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
closing cost | $71,000 | - | - | - | - | - | - | - | - | - | $71,000 |
operating expense | $5,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $115,000 |
mortgage payment | $20,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $443,000 |
total expense investment | $283,000 | $58,000 | $59,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $60,000 | $817,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$194,520 | $23,000 | $26,000 | $30,000 | $35,000 | $39,000 | $44,000 | $48,000 | $53,000 | $59,000 | $163,000 |
cumulative roi | $30 | $47 | $61 | $72 | $83 | $93 | $102 | $111 | $119 | $128 | $846 |
Westerly 1 & 2 Condos
Address: Toronto, Ontario
Price Range: $814,000 - $1,270,000
Avail. suites: 12
1—3 bd
596—1120 SqFt