Suite number:
1113 - Malibu
Project:
Address:
Toronto C08, Ontario
Developer:
Empire Communities
Property type:
condo
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
18.77%
Cumulative Return on Investment in Year 5
87.70%
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 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $56,000 | $461,000 |
| mortgage principal reduction | $17,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $33,000 | $270,000 |
| deposit interest | $215 | - | - | - | - | - | - | - | - | - | $215 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $161,000 | $159,000 | $167,000 | $175,000 | $184,000 | $193,000 | $202,000 | $212,000 | $223,000 | $233,000 | $1,910,000 |
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 | $102,000 | - | - | - | - | - | - | - | - | - | $102,000 |
| operating expense | $13,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $192,000 |
| mortgage payment | $64,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $85,000 | $830,000 |
| total expense investment | $529,000 | $103,000 | $103,000 | $104,000 | $104,000 | $105,000 | $106,000 | $106,000 | $107,000 | $108,000 | $1,474,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$367,580 | $57,000 | $64,000 | $71,000 | $79,000 | $88,000 | $97,000 | $106,000 | $116,000 | $126,000 | $436,000 |
| cumulative roi | $27 | $45 | $61 | $75 | $88 | $100 | $111 | $122 | $133 | $144 | $905 |
Empire Quay House
Address: Toronto C08, Ontario
Price Range: $750,000 - $1,750,000
Avail. suites: 30
0—3.5 bd
339—1127 SqFt