Suite number:
Granite (A)
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
635 sqft
Occupancy Date:
Dec 2026
Price, CAD
$745,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.37%
Cumulative Return on Investment in Year 5
87.20%
Property Price at the End of Year 5
$961,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$37,300
5% in 450 days
$37,300
10% on Occupancy
$74,599
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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $492,000 |
| rent income | - | $7,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $122,000 |
| mortgage principal reduction | - | $5,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $95,000 |
| deposit interest | -$454 | $1,000 | - | - | - | - | - | - | - | - | $709 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $38,000 | $78,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $734,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $37,000 | $112,000 | - | - | - | - | - | - | - | - | $149,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $75,000 |
| mortgage payment | - | $22,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $321,000 |
| total expense investment | $37,000 | $190,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $596,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $928 | -$111,935 | $19,000 | $22,000 | $26,000 | $29,000 | $32,000 | $36,000 | $40,000 | $44,000 | $138,000 |
| cumulative roi | $104 | $50 | $65 | $77 | $87 | $97 | $106 | $114 | $122 | $130 | $951 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $687,000 - $951,000
Avail. suites: 15
0—3 bd
369—1012 SqFt