Suite number:
209 - 1BDP
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
653 sqft
Occupancy Date:
Oct 2025
Price, CAD
$659,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.20%
Cumulative Return on Investment in Year 5
94.59%
Property Price at the End of Year 5
$850,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$33,000
5% in 120 days
$33,000
5% on Occupancy
$33,000
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $54,000 | $436,000 |
| rent income | $8,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $255,000 |
| mortgage principal reduction | $3,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $93,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $70,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $810,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $99,000 | - | - | - | - | - | - | - | - | - | $99,000 |
| remaining balance payment | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
| closing cost | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
| operating expense | $3,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $98,000 |
| mortgage payment | $11,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $308,000 |
| total expense investment | $206,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $598,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$136,068 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $54,000 | $212,000 |
| cumulative roi | $32 | $50 | $66 | $81 | $95 | $108 | $122 | $135 | $149 | $163 | $1,000 |
WestBend Residences
Address: Toronto, Ontario
Price Range: $600,000 - $1,149,000
Avail. suites: 35
0—3.5 bd
427—1122 SqFt