Suite number:
1127
Project:
Address:
Toronto, Ontario
Developer:
Empire Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1088 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,719,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.41%
Cumulative Return on Investment in Year 5
85.82%
Property Price at the End of Year 5
$2,216,000
Deposit Schedule
$1 at Signing
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 | $89,000 | $94,000 | $99,000 | $104,000 | $110,000 | $115,000 | $121,000 | $128,000 | $134,000 | $141,000 | $1,135,000 |
| rent income | $25,000 | $39,000 | $41,000 | $43,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $55,000 | $444,000 |
| mortgage principal reduction | $14,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $254,000 |
| deposit interest | $272 | - | - | - | - | - | - | - | - | - | $272 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $153,000 | $155,000 | $163,000 | $171,000 | $179,000 | $188,000 | $197,000 | $207,000 | $217,000 | $228,000 | $1,858,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $17,000 | - | - | - | - | - | - | - | - | - | $17,000 |
| remaining balance payment | $327,000 | - | - | - | - | - | - | - | - | - | $327,000 |
| closing cost | $102,000 | - | - | - | - | - | - | - | - | - | $102,000 |
| operating expense | $11,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $21,000 | $180,000 |
| mortgage payment | $57,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $833,000 |
| total expense investment | $515,000 | $103,000 | $104,000 | $104,000 | $104,000 | $105,000 | $105,000 | $106,000 | $106,000 | $107,000 | $1,459,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$362,029 | $52,000 | $59,000 | $67,000 | $75,000 | $83,000 | $92,000 | $101,000 | $111,000 | $121,000 | $399,000 |
| cumulative roi | $26 | $44 | $60 | $73 | $86 | $97 | $108 | $119 | $130 | $140 | $885 |
Empire Quay House
Address: Toronto, Ontario
Price Range: $750,000 - $1,750,000
Avail. suites: 30
0—3.5 bd
339—1127 SqFt