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
$1,053,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.55%
Cumulative Return on Investment in Year 5
88.90%
Property Price at the End of Year 5
$1,357,000
Deposit Schedule
$5 at Signing
Total up to 5% in 60 days
$52,650
5% in 90 days
$52,650
5% on Occupancy
$52,650
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 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $695,000 |
| rent income | $23,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $44,000 | $357,000 |
| mortgage principal reduction | $10,000 | $13,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $157,000 |
| deposit interest | $536 | - | - | - | - | - | - | - | - | - | $536 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $111,000 | $102,000 | $107,000 | $112,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $1,234,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $158,000 | - | - | - | - | - | - | - | - | - | $158,000 |
| remaining balance payment | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| closing cost | $76,000 | - | - | - | - | - | - | - | - | - | $76,000 |
| operating expense | $10,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $147,000 |
| mortgage payment | $40,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $514,000 |
| total expense investment | $336,000 | $67,000 | $67,000 | $67,000 | $68,000 | $68,000 | $68,000 | $69,000 | $69,000 | $69,000 | $948,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$224,470 | $36,000 | $40,000 | $45,000 | $50,000 | $56,000 | $61,000 | $67,000 | $74,000 | $80,000 | $286,000 |
| cumulative roi | $29 | $46 | $62 | $76 | $89 | $101 | $113 | $125 | $137 | $149 | $928 |
Westerly 1 & 2 Condos
Address: Toronto, Ontario
Price Range: $739,000 - $1,280,000
Avail. suites: 12
1—3 bd
596—1120 SqFt