Suite number:
1107 - 1B0B
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
491 sqft
Occupancy Date:
Mar 2026
Price, CAD
$539,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.24%
Cumulative Return on Investment in Year 5
81.86%
Property Price at the End of Year 5
$696,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$13,500
2.5% on Occupancy
$13,500
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 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $356,000 |
rent income | $7,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $132,000 |
mortgage principal reduction | $4,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $79,000 |
deposit interest | $221 | - | - | - | - | - | - | - | - | - | $221 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $63,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $592,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $27,000 | - | - | - | - | - | - | - | - | - | $27,000 |
remaining balance payment | $81,000 | - | - | - | - | - | - | - | - | - | $81,000 |
closing cost | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
operating expense | $4,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $71,000 |
mortgage payment | $16,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $259,000 |
total expense investment | $183,000 | $34,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $493,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$120,019 | $14,000 | $16,000 | $19,000 | $21,000 | $24,000 | $27,000 | $29,000 | $32,000 | $36,000 | $98,000 |
cumulative roi | $32 | $47 | $60 | $71 | $82 | $92 | $101 | $110 | $119 | $128 | $842 |
WestBend Residences
Address: Toronto, Ontario
Price Range: $540,000 - $1,096,000
Avail. suites: 29
0—3.5 bd
427—1118 SqFt