Suite number:
Basalt (A)
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
822 sqft
Occupancy Date:
Dec 2026
Price, CAD
$835,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.64%
Cumulative Return on Investment in Year 5
107.24%
Property Price at the End of Year 5
$1,077,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$20,900
2.5% in 90 days
$20,900
2.5% in 400 days
$20,900
2.5% in 545 days
$20,900
10% on Occupancy
$83,599
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 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $552,000 |
rent income | - | $5,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $274,000 |
mortgage principal reduction | - | $2,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $100,000 |
deposit interest | $2,000 | $5,000 | - | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $45,000 | $81,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $957,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $42,000 | $125,000 | - | - | - | - | - | - | - | - | $167,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $54,000 | - | - | - | - | - | - | - | - | $54,000 |
operating expense | - | $2,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $100,000 |
mortgage payment | - | $7,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $342,000 |
total expense investment | $42,000 | $188,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $54,000 | $55,000 | $55,000 | $662,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | -$106,691 | $34,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $61,000 | $67,000 | $295,000 |
cumulative roi | $108 | $56 | $75 | $92 | $107 | $122 | $136 | $151 | $165 | $180 | $1,000 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $430,000 - $836,000
Avail. suites: 8
0—3 bd
235—1012 SqFt