Suite number:
1021 - 2B-36
Project:
Address:
Hamilton, Ontario
Developer:
The Hi-Rise Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
859 sqft
Occupancy Date:
Mar 2026
Price, CAD
$796,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.48%
Cumulative Return on Investment in Year 5
85.01%
Property Price at the End of Year 5
$1,027,000
Deposit Schedule
$1 at Signing
Total up to 1% in 30 days
$7,970
1% in 60 days
$7,970
1% in 90 days
$7,970
1% in 120 days
$7,970
1% in 150 days
$7,970
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $526,000 |
rent income | $10,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $189,000 |
mortgage principal reduction | $6,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $117,000 |
deposit interest | $669 | - | - | - | - | - | - | - | - | - | $669 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $81,000 | $70,000 | $74,000 | $78,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $104,000 | $856,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $112,000 | - | - | - | - | - | - | - | - | - | $112,000 |
remaining balance payment | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
closing cost | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
operating expense | $6,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $102,000 |
mortgage payment | $23,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $382,000 |
total expense investment | $241,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $52,000 | $697,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$160,045 | $21,000 | $24,000 | $27,000 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $52,000 | $159,000 |
cumulative roi | $31 | $48 | $62 | $74 | $85 | $95 | $105 | $114 | $123 | $132 | $870 |
75 James Condominiums
Address: Hamilton, Ontario
Price Range: $530,000 - $1,338,000
Avail. suites: 26
0—3.5 bd
345—1406 SqFt