Suite number:
204 - 2B0E
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
786 sqft
Occupancy Date:
Mar 2026
Price, CAD
$835,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.04%
Cumulative Return on Investment in Year 5
87.32%
Property Price at the End of Year 5
$1,077,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$20,900
2.5% on Occupancy
$20,900
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 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $552,000 |
rent income | $13,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $265,000 |
mortgage principal reduction | $6,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $16,000 | $122,000 |
deposit interest | $341 | - | - | - | - | - | - | - | - | - | $341 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $87,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $101,000 | $106,000 | $111,000 | $117,000 | $963,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $42,000 | - | - | - | - | - | - | - | - | - | $42,000 |
remaining balance payment | $125,000 | - | - | - | - | - | - | - | - | - | $125,000 |
closing cost | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
operating expense | $6,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $118,000 |
mortgage payment | $24,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $401,000 |
total expense investment | $265,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $55,000 | $55,000 | $753,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$178,014 | $27,000 | $30,000 | $34,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $62,000 | $210,000 |
cumulative roi | $30 | $47 | $62 | $75 | $87 | $99 | $110 | $122 | $133 | $144 | $907 |
WestBend Residences
Address: Toronto, Ontario
Price Range: $540,000 - $1,096,000
Avail. suites: 29
0—3.5 bd
427—1118 SqFt