Suite number:
1302
Project:
Address:
Toronto, Ontario
Developer:
Empire Communities
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
400 sqft
Occupancy Date:
Mar 2025
Price, CAD
$749,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
15.52%
Cumulative Return on Investment in Year 5
75.91%
Property Price at the End of Year 5
$966,000
Deposit Schedule
$1 at Signing
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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $495,000 |
| rent income | $5,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $82,000 |
| mortgage principal reduction | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $111,000 |
| deposit interest | $118 | - | - | - | - | - | - | - | - | - | $118 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $74,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $81,000 | $86,000 | $712,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $7,000 | - | - | - | - | - | - | - | - | - | $7,000 |
| remaining balance payment | $142,000 | - | - | - | - | - | - | - | - | - | $142,000 |
| closing cost | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
| operating expense | $4,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $62,000 |
| mortgage payment | $25,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $363,000 |
| total expense investment | $242,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $639,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$168,616 | $14,000 | $17,000 | $20,000 | $23,000 | $26,000 | $30,000 | $33,000 | $37,000 | $41,000 | $73,000 |
| cumulative roi | $29 | $44 | $56 | $67 | $76 | $84 | $92 | $100 | $107 | $114 | $769 |
Empire Quay House
Address: Toronto, Ontario
Price Range: $750,000 - $1,750,000
Avail. suites: 30
0—3.5 bd
339—1127 SqFt