Suite number:
302 - 3B0C
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1118 sqft
Occupancy Date:
Mar 2026
Price, CAD
$959,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.68%
Cumulative Return on Investment in Year 5
99.18%
Property Price at the End of Year 5
$1,237,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$24,000
2.5% on Occupancy
$24,000
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 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $634,000 |
| rent income | $23,000 | $40,000 | $42,000 | $44,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $56,000 | $452,000 |
| mortgage principal reduction | $7,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $140,000 |
| deposit interest | $446 | - | - | - | - | - | - | - | - | - | $446 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $104,000 | $105,000 | $110,000 | $115,000 | $121,000 | $126,000 | $133,000 | $139,000 | $146,000 | $153,000 | $1,250,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
| remaining balance payment | $144,000 | - | - | - | - | - | - | - | - | - | $144,000 |
| closing cost | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
| operating expense | $9,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $18,000 | $19,000 | $19,000 | $167,000 |
| mortgage payment | $28,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $461,000 |
| total expense investment | $301,000 | $64,000 | $64,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $67,000 | $67,000 | $892,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$197,101 | $41,000 | $45,000 | $50,000 | $55,000 | $61,000 | $66,000 | $72,000 | $79,000 | $85,000 | $358,000 |
| cumulative roi | $29 | $49 | $66 | $83 | $99 | $115 | $131 | $148 | $165 | $182 | $1,000 |
WestBend Residences
Address: Toronto, Ontario
Price Range: $516,000 - $1,067,000
Avail. suites: 32
0—3.5 bd
427—1118 SqFt