Suite number:
2A1 (Westerly 2)
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
681 sqft
Occupancy Date:
Sep 2025
Price, CAD
$935,500
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.73%
Cumulative Return on Investment in Year 5
85.58%
Property Price at the End of Year 5
$1,205,000
Deposit Schedule
$5 at Signing
Total up to 5% in 60 days
$46,775
5% in 90 days
$46,775
5% on Occupancy
$46,775
Net Gain (Loss)
Get Expert Advice
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 | $8,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $224,000 |
mortgage principal reduction | $5,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $134,000 |
deposit interest | $4,000 | - | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $89,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $1,004,000 |
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 | $71,000 | - | - | - | - | - | - | - | - | - | $71,000 |
operating expense | $4,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $111,000 |
mortgage payment | $20,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $441,000 |
total expense investment | $282,000 | $58,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $59,000 | $60,000 | $810,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$192,464 | $25,000 | $29,000 | $33,000 | $38,000 | $42,000 | $47,000 | $52,000 | $57,000 | $62,000 | $194,000 |
cumulative roi | $30 | $47 | $62 | $74 | $86 | $96 | $106 | $116 | $125 | $135 | $877 |
Westerly 1 & 2 Condos
Address: Toronto, Ontario
Price Range: $814,000 - $1,270,000
Avail. suites: 12
1—3 bd
596—1120 SqFt