Suite number:
2A1 (Westerly 2)
Project:
Address:
Toronto W08, Ontario
Developer:
Hollyburn Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
681 sqft
Occupancy Date:
Jan 2025
Price, CAD
$935,500
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.46%
Cumulative Return on Investment in Year 5
84.47%
Property Price at the End of Year 5
$1,205,000
Deposit Schedule
$5 at Signing
Total up to 15% in 330 days
$140,325
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 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $617,000 |
| rent income | $17,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $238,000 |
| mortgage principal reduction | $10,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $146,000 |
| deposit interest | $260 | - | - | - | - | - | - | - | - | - | $260 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $99,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $1,025,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $140,000 | - | - | - | - | - | - | - | - | - | $140,000 |
| remaining balance payment | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
| closing cost | $69,000 | - | - | - | - | - | - | - | - | - | $69,000 |
| operating expense | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $121,000 |
| mortgage payment | $38,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $447,000 |
| total expense investment | $303,000 | $56,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $60,000 | $825,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$203,911 | $28,000 | $32,000 | $36,000 | $40,000 | $44,000 | $49,000 | $54,000 | $59,000 | $64,000 | $200,000 |
| cumulative roi | $29 | $46 | $60 | $73 | $84 | $95 | $106 | $115 | $125 | $135 | $869 |
Westerly 1 & 2 Condos
Address: Toronto W08, Ontario
Price Range: $814,000 - $1,270,000
Avail. suites: 12
1—3 bd
596—1120 SqFt