Suite number:
205 - 2BDI
Project:
Address:
Toronto W02, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
862 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,064,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.87%
Cumulative Return on Investment in Year 5
93.70%
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
10% on Occupancy
$106,499
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 | $5,000 | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $332,000 |
| mortgage principal reduction | $2,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $152,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $88,000 | $103,000 | $108,000 | $113,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $1,213,000 |
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 | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
| operating expense | $2,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $137,000 |
| mortgage payment | $9,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $475,000 |
| total expense investment | $298,000 | $65,000 | $65,000 | $66,000 | $66,000 | $67,000 | $67,000 | $68,000 | $68,000 | $69,000 | $900,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$209,917 | $38,000 | $42,000 | $47,000 | $52,000 | $57,000 | $63,000 | $69,000 | $75,000 | $81,000 | $313,000 |
| cumulative roi | $29 | $48 | $65 | $80 | $94 | $107 | $119 | $132 | $144 | $156 | $974 |
WestBend Residences
Address: Toronto W02, Ontario
Price Range: $763,000 - $1,067,000
Avail. suites: 35
0—3.5 bd
427—1118 SqFt