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:
Oct 2025
Price, CAD
$599,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.62%
Cumulative Return on Investment in Year 5
82.64%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$30,000
5% in 120 days
$30,000
5% on Occupancy
$30,000
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
| rent income | $4,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $128,000 |
| mortgage principal reduction | $2,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $85,000 |
| deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $63,000 | $52,000 | $55,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $76,000 | $634,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $90,000 | - | - | - | - | - | - | - | - | - | $90,000 |
| remaining balance payment | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| closing cost | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
| operating expense | $2,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $71,000 |
| mortgage payment | $10,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $280,000 |
| total expense investment | $190,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $529,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$127,084 | $15,000 | $17,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $35,000 | $38,000 | $105,000 |
| cumulative roi | $32 | $48 | $61 | $72 | $83 | $92 | $101 | $110 | $119 | $127 | $846 |
WestBend Residences
Address: Toronto, Ontario
Price Range: $600,000 - $1,149,000
Avail. suites: 35
0—3.5 bd
427—1122 SqFt