Suite number:
1029 - Venice
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
$1,714,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.53%
Cumulative Return on Investment in Year 5
145.39%
Property Price at the End of Year 5
$2,209,000
Deposit Schedule
$1 at Signing
Total up to 9% in 9999 days
$154,349
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 | $109,000 | $115,000 | $121,000 | $127,000 | $134,000 | $141,000 | $1,132,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $32,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $281,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $121,000 | $117,000 | $123,000 | $129,000 | $135,000 | $142,000 | $150,000 | $157,000 | $165,000 | $174,000 | $1,413,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $859,000 |
| total expense investment | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $86,000 | $859,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $35,000 | $31,000 | $37,000 | $43,000 | $50,000 | $56,000 | $64,000 | $71,000 | $80,000 | $88,000 | $554,000 |
| cumulative roi | $141 | $138 | $140 | $142 | $145 | $149 | $152 | $156 | $160 | $165 | $1,000 |
Empire Quay House
Address: Toronto, Ontario
Price Range: $750,000 - $1,750,000
Avail. suites: 30
0—3.5 bd
339—1127 SqFt