Suite number:
1102 - 2B-7T
Project:
Address:
Hamilton, Ontario
Developer:
The Hi-Rise Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
798 sqft
Occupancy Date:
Mar 2026
$683,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.22%
Cumulative Return on Investment in Year 5
93.57%
Property Price at the End of Year 5
$881,000
Deposit Schedule
$1 at Signing
Total up to 1% in 30 days
$6,840
1% in 60 days
$6,840
1% in 90 days
$6,840
1% in 120 days
$6,840
1% in 150 days
$6,840
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 | $35,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $451,000 |
rent income | - | $11,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $157,000 |
mortgage principal reduction | - | $7,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $93,000 |
deposit interest | $3,000 | $1,000 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $39,000 | $80,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $81,000 | $85,000 | $90,000 | $729,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $89,000 | $7,000 | - | - | - | - | - | - | - | - | $96,000 |
remaining balance payment | - | $41,000 | - | - | - | - | - | - | - | - | $41,000 |
closing cost | - | $49,000 | - | - | - | - | - | - | - | - | $49,000 |
operating expense | - | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $87,000 |
mortgage payment | - | $25,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $291,000 |
total expense investment | $89,000 | $129,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $564,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$50,392 | -$48,140 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $165,000 |
cumulative roi | $43 | $54 | $69 | $82 | $94 | $104 | $114 | $124 | $133 | $143 | $960 |
75 James Condominiums
Address: Hamilton, Ontario
Price Range: $534,000 - $1,338,000
Avail. suites: 24
0—3.5 bd
345—1406 SqFt