Suite number:
205 - 2BDI
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
862 sqft
Occupancy Date:
Oct 2025
Price, CAD
$1,064,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.19%
Cumulative Return on Investment in Year 5
91.12%
Property Price at the End of Year 5
$1,372,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$53,250
5% in 120 days
$53,250
5% on Occupancy
$53,250
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 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $703,000 |
| rent income | $10,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $337,000 |
| mortgage principal reduction | $4,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $151,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $96,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $1,217,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $160,000 | - | - | - | - | - | - | - | - | - | $160,000 |
| remaining balance payment | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| closing cost | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
| operating expense | $4,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $135,000 |
| mortgage payment | $18,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $498,000 |
| total expense investment | $311,000 | $67,000 | $67,000 | $67,000 | $68,000 | $68,000 | $68,000 | $69,000 | $69,000 | $69,000 | $922,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$215,275 | $36,000 | $40,000 | $45,000 | $50,000 | $56,000 | $61,000 | $67,000 | $74,000 | $80,000 | $295,000 |
| cumulative roi | $29 | $47 | $63 | $78 | $91 | $104 | $116 | $128 | $140 | $152 | $948 |
WestBend Residences
Address: Toronto, Ontario
Price Range: $600,000 - $1,149,000
Avail. suites: 35
0—3.5 bd
427—1122 SqFt