Suite number:
307 Model Amplitude
Project:
Address:
Hamilton, Ontario
Developer:
Canlight Realty Corp.
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
432 sqft
Occupancy Date:
Jul 2025
Price, CAD
$536,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.74%
Cumulative Return on Investment in Year 5
83.62%
Property Price at the End of Year 5
$692,000
Deposit Schedule
$5,500 at Signing
Total up to 2.5% in 0 days
$13,425
5% in 120 days
$21,350
5% on Occupancy
$26,850
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 | $28,000 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $354,000 |
| rent income | $1,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $58,000 |
| mortgage principal reduction | $2,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $83,000 |
| deposit interest | $712 | - | - | - | - | - | - | - | - | - | $712 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $56,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $520,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
| remaining balance payment | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
| closing cost | $46,000 | - | - | - | - | - | - | - | - | - | $46,000 |
| operating expense | $1,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $57,000 |
| mortgage payment | $6,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $228,000 |
| total expense investment | $161,000 | $30,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $32,000 | $438,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$105,392 | $12,000 | $14,000 | $16,000 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $30,000 | $82,000 |
| cumulative roi | $35 | $50 | $63 | $74 | $84 | $92 | $100 | $108 | $115 | $122 | $844 |
There’s a certain synchronicity to life at Radio Arts. Amenities that anticipate and fulfill a need. A harmony of people and place. A home that’s both an oasis and a convergence. Radio Arts is in tune with living life to the fullest, whether at home,...
Address: Hamilton, Ontario
Price Range: $477,000 - $721,000
Avail. suites: 27
0—3 bd
363—1020 SqFt