Suite number:
3105 - Granite (A) PH
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
635 sqft
Occupancy Date:
Nov 2026
Price, CAD
$768,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.44%
Cumulative Return on Investment in Year 5
88.64%
Property Price at the End of Year 5
$991,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$19,223
2.5% in 90 days
$19,223
2.5% in 173 days
$19,223
2.5% in 385 days
$19,223
10% on Occupancy
$76,890
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 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $508,000 |
rent income | - | $8,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $123,000 |
mortgage principal reduction | - | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $99,000 |
deposit interest | $2,000 | $2,000 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $42,000 | $82,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $759,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $58,000 | $96,000 | - | - | - | - | - | - | - | - | $154,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
operating expense | - | $5,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $76,000 |
mortgage payment | - | $26,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $334,000 |
total expense investment | $58,000 | $180,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $616,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$15,198 | -$97,356 | $20,000 | $23,000 | $26,000 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $143,000 |
cumulative roi | $74 | $52 | $67 | $78 | $89 | $98 | $107 | $115 | $123 | $131 | $933 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $479,000 - $951,000
Avail. suites: 78
0—3 bd
369—1012 SqFt