Suite number:
1113 - Malibu
Project:
Address:
Toronto C08, Ontario
Developer:
Empire Communities
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1111 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,749,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.32%
Cumulative Return on Investment in Year 5
85.58%
Property Price at the End of Year 5
$2,255,000
Deposit Schedule
$1 at Signing
Total up to 1% in 30 days
$17,500
8% on Occupancy
$139,999
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 | $91,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $130,000 | $136,000 | $144,000 | $1,155,000 |
| rent income | $29,000 | $40,000 | $42,000 | $44,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $56,000 | $458,000 |
| mortgage principal reduction | $16,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $261,000 |
| deposit interest | $166 | - | - | - | - | - | - | - | - | - | $166 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $160,000 | $158,000 | $166,000 | $174,000 | $183,000 | $192,000 | $201,000 | $211,000 | $221,000 | $232,000 | $1,899,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $157,000 | - | - | - | - | - | - | - | - | - | $157,000 |
| remaining balance payment | $192,000 | - | - | - | - | - | - | - | - | - | $192,000 |
| closing cost | $103,000 | - | - | - | - | - | - | - | - | - | $103,000 |
| operating expense | $13,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $20,000 | $21,000 | $185,000 |
| mortgage payment | $66,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $88,000 | $854,000 |
| total expense investment | $532,000 | $105,000 | $105,000 | $106,000 | $106,000 | $107,000 | $107,000 | $108,000 | $108,000 | $109,000 | $1,493,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$371,903 | $53,000 | $60,000 | $68,000 | $76,000 | $85,000 | $94,000 | $103,000 | $113,000 | $124,000 | $406,000 |
| cumulative roi | $26 | $44 | $60 | $73 | $86 | $97 | $108 | $119 | $129 | $140 | $883 |
Empire Quay House
Address: Toronto C08, Ontario
Price Range: $750,000 - $1,750,000
Avail. suites: 30
0—3.5 bd
339—1127 SqFt