Suite number:
2016 - Iron (B)
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
Size:
369 sqft
Occupancy Date:
Dec 2026
Price, CAD
$429,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.67%
Cumulative Return on Investment in Year 5
100.05%
Property Price at the End of Year 5
$554,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$10,748
2.5% in 90 days
$10,748
2.5% in 400 days
$10,748
2.5% in 545 days
$10,748
10% on Occupancy
$42,990
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 | $22,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $284,000 |
| rent income | - | $2,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $123,000 |
| mortgage principal reduction | - | $867 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $52,000 |
| deposit interest | $947 | $3,000 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $23,000 | $53,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $57,000 | $60,000 | $486,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $21,000 | $64,000 | - | - | - | - | - | - | - | - | $86,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $46,000 | - | - | - | - | - | - | - | - | $46,000 |
| operating expense | - | $864 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $46,000 |
| mortgage payment | - | $4,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $176,000 |
| total expense investment | $21,000 | $115,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $28,000 | $28,000 | $354,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | -$61,386 | $16,000 | $18,000 | $20,000 | $23,000 | $25,000 | $27,000 | $30,000 | $32,000 | $132,000 |
| cumulative roi | $108 | $57 | $73 | $87 | $100 | $112 | $125 | $137 | $149 | $161 | $1,000 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $430,000 - $836,000
Avail. suites: 8
0—3 bd
235—1012 SqFt