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
17.62%
Cumulative Return on Investment in Year 5
84.01%
Property Price at the End of Year 5
$1,533,000
Deposit Schedule
$5 at Signing
Total up to 15% in 9999 days
$178,500
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 | $786,000 |
rent income | $23,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $38,000 | $39,000 | $41,000 | $336,000 |
mortgage principal reduction | $12,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $180,000 |
deposit interest | $25 | - | - | - | - | - | - | - | - | - | $25 |
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 | $161,000 | $1,325,000 |
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 | $12,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $161,000 |
mortgage payment | $50,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | $586,000 |
total expense investment | $381,000 | $75,000 | $75,000 | $75,000 | $76,000 | $76,000 | $76,000 | $77,000 | $77,000 | $78,000 | $1,066,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$259,469 | $35,000 | $40,000 | $45,000 | $51,000 | $57,000 | $63,000 | $69,000 | $76,000 | $83,000 | $259,000 |
cumulative roi | $28 | $45 | $59 | $72 | $84 | $95 | $106 | $116 | $126 | $136 | $867 |
Westerly 1 & 2 Condos
Address: Toronto, Ontario
Price Range: $739,000 - $1,280,000
Avail. suites: 12
1—3 bd
596—1120 SqFt