Suite number:
3BA (Westerly 2)
Project:
Address:
Toronto W08, Ontario
Developer:
Hollyburn Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
865 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,061,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.90%
Cumulative Return on Investment in Year 5
90.72%
Property Price at the End of Year 5
$1,367,000
Deposit Schedule
$5 at Signing
Total up to 15% in 330 days
$159,150
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 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $700,000 |
| rent income | $25,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $362,000 |
| mortgage principal reduction | $11,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $166,000 |
| deposit interest | $295 | - | - | - | - | - | - | - | - | - | $295 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $116,000 | $104,000 | $109,000 | $114,000 | $120,000 | $125,000 | $131,000 | $138,000 | $144,000 | $151,000 | $1,252,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $159,000 | - | - | - | - | - | - | - | - | - | $159,000 |
| remaining balance payment | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| closing cost | $74,000 | - | - | - | - | - | - | - | - | - | $74,000 |
| operating expense | $11,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $155,000 |
| mortgage payment | $43,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $507,000 |
| total expense investment | $341,000 | $66,000 | $66,000 | $67,000 | $67,000 | $68,000 | $68,000 | $69,000 | $69,000 | $70,000 | $949,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$225,008 | $38,000 | $43,000 | $47,000 | $52,000 | $58,000 | $63,000 | $69,000 | $75,000 | $82,000 | $303,000 |
| cumulative roi | $29 | $47 | $63 | $77 | $91 | $104 | $116 | $128 | $140 | $153 | $947 |
Westerly 1 & 2 Condos
Address: Toronto W08, Ontario
Price Range: $814,000 - $1,270,000
Avail. suites: 12
1—3 bd
596—1120 SqFt