Suite number:
2F (Westerly 2)
Project:
Address:
Toronto W08, Ontario
Developer:
Hollyburn Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
803 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,007,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.80%
Cumulative Return on Investment in Year 5
85.75%
Property Price at the End of Year 5
$1,297,000
Deposit Schedule
$5 at Signing
Total up to 15% in 330 days
$151,050
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 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $79,000 | $83,000 | $665,000 |
| rent income | $20,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $280,000 |
| mortgage principal reduction | $11,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $157,000 |
| deposit interest | $280 | - | - | - | - | - | - | - | - | - | $280 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $107,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $136,000 | $1,126,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $151,000 | - | - | - | - | - | - | - | - | - | $151,000 |
| remaining balance payment | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
| closing cost | $72,000 | - | - | - | - | - | - | - | - | - | $72,000 |
| operating expense | $10,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $140,000 |
| mortgage payment | $41,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $482,000 |
| total expense investment | $325,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $64,000 | $64,000 | $65,000 | $65,000 | $895,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$217,858 | $31,000 | $35,000 | $40,000 | $44,000 | $49,000 | $54,000 | $59,000 | $65,000 | $71,000 | $231,000 |
| cumulative roi | $29 | $46 | $61 | $74 | $86 | $97 | $108 | $118 | $128 | $138 | $884 |
Westerly 1 & 2 Condos
Address: Toronto W08, Ontario
Price Range: $814,000 - $1,270,000
Avail. suites: 12
1—3 bd
596—1120 SqFt