Suite number:
Limestone - 1 (A)
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
759 sqft
Occupancy Date:
Dec 2026
Price, CAD
$769,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.66%
Cumulative Return on Investment in Year 5
88.34%
Property Price at the End of Year 5
$992,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$38,500
5% in 450 days
$38,500
10% on Occupancy
$76,999
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 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $146,000 |
mortgage principal reduction | - | $5,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $98,000 |
deposit interest | -$468 | $1,000 | - | - | - | - | - | - | - | - | $732 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $39,000 | $81,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $97,000 | $777,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $38,000 | $115,000 | - | - | - | - | - | - | - | - | $154,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
operating expense | - | $5,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $86,000 |
mortgage payment | - | $22,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $331,000 |
total expense investment | $38,000 | $196,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $623,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $957 | -$114,520 | $21,000 | $24,000 | $28,000 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $154,000 |
cumulative roi | $104 | $50 | $65 | $77 | $88 | $98 | $107 | $116 | $125 | $133 | $965 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $687,000 - $951,000
Avail. suites: 15
0—3 bd
369—1012 SqFt