Suite number:
1013 - Clifton
Project:
Address:
Toronto, Ontario
Developer:
Empire Communities
Property type:
condo
Floor plan:
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
31.57%
Cumulative Return on Investment in Year 5
146.20%
Property Price at the End of Year 5
$1,611,000
Deposit Schedule
$1 at Signing
Total up to 9% in 9999 days
$112,499
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 | $66,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $98,000 | $103,000 | $826,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $25,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $207,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $90,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $1,033,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $626,000 |
| total expense investment | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $63,000 | $626,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $28,000 | $22,000 | $27,000 | $31,000 | $36,000 | $41,000 | $47,000 | $52,000 | $58,000 | $64,000 | $407,000 |
| cumulative roi | $144 | $140 | $141 | $143 | $146 | $149 | $153 | $157 | $161 | $165 | $2,000 |
Empire Quay House
Address: Toronto, Ontario
Price Range: $750,000 - $1,750,000
Avail. suites: 30
0—3.5 bd
339—1127 SqFt