Suite number:
Iron (B)
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
369 sqft
Occupancy Date:
Dec 2026
Price, CAD
$472,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.18%
Cumulative Return on Investment in Year 5
90.83%
Property Price at the End of Year 5
$609,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$11,825
2.5% in 90 days
$11,825
2.5% in 400 days
$11,825
2.5% in 545 days
$11,825
10% on Occupancy
$47,299
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 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $312,000 |
| rent income | - | - | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $42,000 |
| mortgage principal reduction | - | - | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $57,000 |
| deposit interest | $923 | $3,000 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $25,000 | $29,000 | $62,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $439,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $24,000 | $71,000 | - | - | - | - | - | - | - | - | $95,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $45,000 | - | - | - | - | - | - | - | - | $45,000 |
| operating expense | - | - | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $40,000 |
| mortgage payment | - | - | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $184,000 |
| total expense investment | $24,000 | $116,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $29,000 | $364,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | -$86,645 | $34,000 | $12,000 | $14,000 | $16,000 | $18,000 | $20,000 | $22,000 | $25,000 | $75,000 |
| cumulative roi | $108 | $40 | $72 | $82 | $91 | $99 | $106 | $113 | $119 | $126 | $955 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $430,000 - $836,000
Avail. suites: 8
0—3 bd
235—1012 SqFt