Suite number:
Duke (Podium)
Project:
Address:
Hamilton, Ontario
Developer:
Rosehaven Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
520 sqft
Occupancy Date:
Mar 2028
Price, CAD
$595,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.63%
Cumulative Return on Investment in Year 5
103.88%
Property Price at the End of Year 5
$768,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$29,800
5% in 139 days
$29,800
10% on Occupancy
$59,599
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 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $393,000 |
| rent income | - | - | - | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $66,000 |
| mortgage principal reduction | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $59,000 |
| deposit interest | $2,000 | $3,000 | $3,000 | $221 | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $33,000 | $36,000 | $37,000 | $75,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $551,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $60,000 | - | - | $60,000 | - | - | - | - | - | - | $119,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $49,000 | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $51,000 |
| mortgage payment | - | - | - | $27,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $206,000 |
| total expense investment | $60,000 | - | - | $142,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $425,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$26,198 | $36,000 | $37,000 | -$67,459 | $17,000 | $20,000 | $23,000 | $26,000 | $29,000 | $32,000 | $126,000 |
| cumulative roi | $56 | $116 | $179 | $95 | $104 | $112 | $119 | $126 | $133 | $139 | $1,000 |
The Rebecca
Address: Hamilton, Ontario
Price Range: $535,000 - $825,000
Avail. suites: 48
1—2 bd
425—788 SqFt