Suite number:
3BA (Westerly 2)
Project:
Address:
Toronto, Ontario
Developer:
Tridel
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
865 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,061,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.10%
Cumulative Return on Investment in Year 5
91.46%
Property Price at the End of Year 5
$1,367,000
Deposit Schedule
$5 at Signing
Total up to 5% in 60 days
$53,050
5% in 90 days
$53,050
5% on Occupancy
$53,050
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 | $13,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $342,000 |
mortgage principal reduction | $5,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $152,000 |
deposit interest | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $101,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $1,223,000 |
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 | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
operating expense | $6,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $142,000 |
mortgage payment | $22,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $500,000 |
total expense investment | $316,000 | $67,000 | $67,000 | $68,000 | $68,000 | $68,000 | $69,000 | $69,000 | $69,000 | $70,000 | $931,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$214,437 | $35,000 | $40,000 | $45,000 | $50,000 | $55,000 | $61,000 | $67,000 | $73,000 | $80,000 | $292,000 |
cumulative roi | $30 | $48 | $64 | $78 | $91 | $104 | $116 | $128 | $140 | $152 | $951 |
Westerly 1 & 2 Condos
Address: Toronto, Ontario
Price Range: $814,000 - $1,270,000
Avail. suites: 12
1—3 bd
596—1120 SqFt