Suite number:
204 - 2B0E
Project:
Address:
Toronto W02, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
789 sqft
Occupancy Date:
Sep 2025
$955,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.78%
Cumulative Return on Investment in Year 5
93.93%
Property Price at the End of Year 5
$1,232,000
Deposit Schedule
$5,000 at Signing
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 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $78,000 | $631,000 |
rent income | $5,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $303,000 |
mortgage principal reduction | $2,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $137,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $82,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $123,000 | $129,000 | $135,000 | $1,097,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $143,000 | - | - | - | - | - | - | - | - | - | $143,000 |
remaining balance payment | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
closing cost | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
operating expense | $2,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $125,000 |
mortgage payment | $8,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $426,000 |
total expense investment | $271,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $813,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$189,184 | $34,000 | $38,000 | $43,000 | $47,000 | $52,000 | $57,000 | $62,000 | $68,000 | $73,000 | $284,000 |
cumulative roi | $29 | $49 | $65 | $80 | $94 | $107 | $120 | $132 | $145 | $157 | $978 |
WestBend Residences
Address: Toronto W02, Ontario
Price Range: $763,000 - $1,067,000
Avail. suites: 35
0—3.5 bd
427—1118 SqFt