Suite number:
202 - 3B0C
Project:
Address:
Toronto, Ontario
Developer:
Mattamy Homes Canada
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1122 sqft
Occupancy Date:
Oct 2025
Price, CAD
$1,148,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.20%
Cumulative Return on Investment in Year 5
95.52%
Property Price at the End of Year 5
$1,480,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$57,450
5% in 120 days
$57,450
5% on Occupancy
$57,450
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 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $94,000 | $758,000 |
| rent income | $13,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $439,000 |
| mortgage principal reduction | $5,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $163,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $104,000 | $117,000 | $123,000 | $129,000 | $135,000 | $141,000 | $148,000 | $155,000 | $163,000 | $171,000 | $1,386,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $172,000 | - | - | - | - | - | - | - | - | - | $172,000 |
| remaining balance payment | $57,000 | - | - | - | - | - | - | - | - | - | $57,000 |
| closing cost | $79,000 | - | - | - | - | - | - | - | - | - | $79,000 |
| operating expense | $5,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $19,000 | $20,000 | $169,000 |
| mortgage payment | $19,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $537,000 |
| total expense investment | $334,000 | $74,000 | $74,000 | $75,000 | $75,000 | $76,000 | $76,000 | $77,000 | $77,000 | $77,000 | $1,015,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$230,013 | $43,000 | $48,000 | $54,000 | $60,000 | $66,000 | $72,000 | $79,000 | $86,000 | $94,000 | $371,000 |
| cumulative roi | $29 | $48 | $65 | $81 | $96 | $110 | $124 | $138 | $152 | $166 | $1,000 |
WestBend Residences
Address: Toronto, Ontario
Price Range: $600,000 - $1,149,000
Avail. suites: 35
0—3.5 bd
427—1122 SqFt