Suite number:
1CC+D (Westerly 1)
Project:
Address:
Toronto W08, Ontario
Developer:
Hollyburn Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
1
Size:
749 sqft
Occupancy Date:
Jan 2025
Price, CAD
$940,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.88%
Cumulative Return on Investment in Year 5
81.68%
Property Price at the End of Year 5
$1,211,000
Deposit Schedule
$5 at Signing
Total up to 15% in 330 days
$141,000
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 | $15,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $209,000 |
| mortgage principal reduction | $10,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $147,000 |
| deposit interest | $261 | - | - | - | - | - | - | - | - | - | $261 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $98,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $104,000 | $110,000 | $115,000 | $121,000 | $1,000,000 |
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 | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
| operating expense | $9,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $125,000 |
| mortgage payment | $38,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $450,000 |
| total expense investment | $305,000 | $57,000 | $57,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $833,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$207,215 | $25,000 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $168,000 |
| cumulative roi | $29 | $45 | $59 | $71 | $82 | $92 | $101 | $110 | $119 | $128 | $835 |
Westerly 1 & 2 Condos
Address: Toronto W08, Ontario
Price Range: $814,000 - $1,270,000
Avail. suites: 12
1—3 bd
596—1120 SqFt