Suite number:
2S+D (Westerly 1)
Project:
Address:
Toronto W08, Ontario
Developer:
Hollyburn Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
967 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,180,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.08%
Cumulative Return on Investment in Year 5
86.26%
Property Price at the End of Year 5
$1,520,000
Deposit Schedule
$5 at Signing
Total up to 15% in 330 days
$177,000
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 | $61,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $97,000 | $779,000 |
| rent income | $24,000 | $29,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $337,000 |
| mortgage principal reduction | $13,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $184,000 |
| deposit interest | $328 | - | - | - | - | - | - | - | - | - | $328 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $122,000 | $110,000 | $115,000 | $121,000 | $126,000 | $133,000 | $139,000 | $146,000 | $153,000 | $160,000 | $1,325,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $177,000 | - | - | - | - | - | - | - | - | - | $177,000 |
| remaining balance payment | $59,000 | - | - | - | - | - | - | - | - | - | $59,000 |
| closing cost | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
| operating expense | $12,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $167,000 |
| mortgage payment | $48,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $57,000 | $564,000 |
| total expense investment | $375,000 | $73,000 | $73,000 | $73,000 | $74,000 | $75,000 | $75,000 | $76,000 | $76,000 | $77,000 | $1,046,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$253,536 | $37,000 | $42,000 | $47,000 | $52,000 | $58,000 | $64,000 | $70,000 | $77,000 | $84,000 | $278,000 |
| cumulative roi | $28 | $46 | $61 | $74 | $86 | $98 | $109 | $119 | $130 | $140 | $890 |
Westerly 1 & 2 Condos
Address: Toronto W08, Ontario
Price Range: $814,000 - $1,270,000
Avail. suites: 12
1—3 bd
596—1120 SqFt