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
$1,180,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.36%
Cumulative Return on Investment in Year 5
87.36%
Property Price at the End of Year 5
$1,520,000
Deposit Schedule
$5 at Signing
Total up to 5% in 60 days
$59,000
5% in 90 days
$59,000
5% on Occupancy
$59,000
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 | $12,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $319,000 |
| mortgage principal reduction | $6,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $169,000 |
| deposit interest | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $108,000 | $108,000 | $113,000 | $119,000 | $125,000 | $131,000 | $137,000 | $144,000 | $151,000 | $159,000 | $1,295,000 |
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 | $81,000 | - | - | - | - | - | - | - | - | - | $81,000 |
| operating expense | $6,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $153,000 |
| mortgage payment | $25,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $59,000 | $556,000 |
| total expense investment | $347,000 | $74,000 | $74,000 | $75,000 | $75,000 | $75,000 | $76,000 | $76,000 | $77,000 | $77,000 | $1,026,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$239,508 | $34,000 | $39,000 | $44,000 | $50,000 | $56,000 | $62,000 | $68,000 | $75,000 | $82,000 | $269,000 |
| cumulative roi | $29 | $47 | $62 | $75 | $87 | $99 | $109 | $119 | $130 | $140 | $898 |
Westerly 1 & 2 Condos
Address: Toronto, Ontario
Price Range: $814,000 - $1,270,000
Avail. suites: 12
1—3 bd
596—1120 SqFt