Suite number:
209 - 1BDP
Project:
Address:
Toronto W02, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
653 sqft
Occupancy Date:
Sep 2025
$784,990
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.46%
Cumulative Return on Investment in Year 5
93.75%
Property Price at the End of Year 5
$1,011,000
Deposit Schedule
$5,000 at Signing
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 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $518,000 |
rent income | $4,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $251,000 |
mortgage principal reduction | $2,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $112,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $101,000 | $106,000 | $111,000 | $907,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $118,000 | - | - | - | - | - | - | - | - | - | $118,000 |
remaining balance payment | $39,000 | - | - | - | - | - | - | - | - | - | $39,000 |
closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
operating expense | $2,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $103,000 |
mortgage payment | $6,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $350,000 |
total expense investment | $228,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $51,000 | $51,000 | $674,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$156,742 | $28,000 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $60,000 | $233,000 |
cumulative roi | $31 | $49 | $65 | $80 | $94 | $107 | $119 | $132 | $144 | $157 | $977 |
WestBend Residences
Address: Toronto W02, Ontario
Price Range: $763,000 - $1,067,000
Avail. suites: 35
0—3.5 bd
427—1118 SqFt