Suite number:
1013 - Clifton
Project:
Address:
Toronto C08, Ontario
Developer:
Empire Communities
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
756 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,249,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.29%
Cumulative Return on Investment in Year 5
86.73%
Property Price at the End of Year 5
$1,610,000
Deposit Schedule
$1 at Signing
Total up to 1% in 30 days
$12,500
8% on Occupancy
$99,999
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 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $103,000 | $825,000 |
| rent income | $20,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $313,000 |
| mortgage principal reduction | $12,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $193,000 |
| deposit interest | $154 | - | - | - | - | - | - | - | - | - | $154 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $121,000 | $112,000 | $118,000 | $124,000 | $130,000 | $136,000 | $143,000 | $150,000 | $157,000 | $165,000 | $1,355,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $112,000 | - | - | - | - | - | - | - | - | - | $112,000 |
| remaining balance payment | $137,000 | - | - | - | - | - | - | - | - | - | $137,000 |
| closing cost | $82,000 | - | - | - | - | - | - | - | - | - | $82,000 |
| operating expense | $9,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $133,000 |
| mortgage payment | $46,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $593,000 |
| total expense investment | $386,000 | $73,000 | $73,000 | $74,000 | $74,000 | $75,000 | $75,000 | $75,000 | $76,000 | $76,000 | $1,058,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$265,516 | $40,000 | $45,000 | $50,000 | $56,000 | $62,000 | $68,000 | $74,000 | $81,000 | $88,000 | $298,000 |
| cumulative roi | $28 | $46 | $61 | $74 | $87 | $98 | $109 | $120 | $130 | $141 | $894 |
Empire Quay House
Address: Toronto C08, Ontario
Price Range: $750,000 - $1,750,000
Avail. suites: 30
0—3.5 bd
339—1127 SqFt