Suite number:
2S+D (Westerly 1)
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
967 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,190,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.75%
Cumulative Return on Investment in Year 5
84.45%
Property Price at the End of Year 5
$1,533,000
Deposit Schedule
$5 at Signing
Total up to 5% in 60 days
$59,500
5% in 90 days
$59,500
5% on Occupancy
$59,500
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 | $62,000 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $98,000 | $785,000 |
| rent income | $21,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $332,000 |
| mortgage principal reduction | $11,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $178,000 |
| deposit interest | $605 | - | - | - | - | - | - | - | - | - | $605 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $118,000 | $109,000 | $115,000 | $120,000 | $126,000 | $132,000 | $139,000 | $146,000 | $153,000 | $161,000 | $1,320,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $179,000 | - | - | - | - | - | - | - | - | - | $179,000 |
| remaining balance payment | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
| closing cost | $81,000 | - | - | - | - | - | - | - | - | - | $81,000 |
| operating expense | $11,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $159,000 |
| mortgage payment | $45,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $581,000 |
| total expense investment | $375,000 | $75,000 | $75,000 | $75,000 | $76,000 | $76,000 | $76,000 | $77,000 | $77,000 | $78,000 | $1,059,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$256,455 | $35,000 | $40,000 | $45,000 | $51,000 | $56,000 | $63,000 | $69,000 | $76,000 | $83,000 | $261,000 |
| cumulative roi | $28 | $45 | $60 | $73 | $84 | $96 | $106 | $116 | $127 | $137 | $871 |
Westerly 1 & 2 Condos
Address: Toronto, Ontario
Price Range: $739,000 - $1,280,000
Avail. suites: 12
1—3 bd
596—1120 SqFt