Suite number:
2F (Westerly 2)
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
803 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,011,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.48%
Cumulative Return on Investment in Year 5
83.99%
Property Price at the End of Year 5
$1,302,000
Deposit Schedule
$5 at Signing
Total up to 5% in 60 days
$50,550
5% in 90 days
$50,550
5% on Occupancy
$50,550
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 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $667,000 |
| rent income | $18,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $276,000 |
| mortgage principal reduction | $9,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $151,000 |
| deposit interest | $514 | - | - | - | - | - | - | - | - | - | $514 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $104,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $136,000 | $1,119,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $152,000 | - | - | - | - | - | - | - | - | - | $152,000 |
| remaining balance payment | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
| closing cost | $74,000 | - | - | - | - | - | - | - | - | - | $74,000 |
| operating expense | $9,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $133,000 |
| mortgage payment | $38,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $494,000 |
| total expense investment | $323,000 | $63,000 | $63,000 | $64,000 | $64,000 | $64,000 | $65,000 | $65,000 | $65,000 | $66,000 | $903,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$219,544 | $29,000 | $33,000 | $38,000 | $43,000 | $48,000 | $53,000 | $58,000 | $64,000 | $70,000 | $216,000 |
| cumulative roi | $29 | $45 | $60 | $72 | $84 | $95 | $105 | $115 | $125 | $135 | $866 |
Westerly 1 & 2 Condos
Address: Toronto, Ontario
Price Range: $739,000 - $1,280,000
Avail. suites: 12
1—3 bd
596—1120 SqFt