Suite number:
Iron (B)
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
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
17.42%
Cumulative Return on Investment in Year 5
87.48%
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 | - | $744 | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $43,000 |
| mortgage principal reduction | - | $954 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $57,000 |
| deposit interest | $1,000 | $3,000 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $26,000 | $54,000 | $38,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $440,000 |
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 | - | $46,000 | - | - | - | - | - | - | - | - | $46,000 |
| operating expense | - | $754 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $40,000 |
| mortgage payment | - | $4,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $193,000 |
| total expense investment | $24,000 | $122,000 | $28,000 | $28,000 | $28,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $374,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | -$67,660 | $9,000 | $11,000 | $13,000 | $15,000 | $17,000 | $19,000 | $22,000 | $24,000 | $65,000 |
| cumulative roi | $108 | $57 | $69 | $79 | $87 | $95 | $102 | $109 | $115 | $122 | $944 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $430,000 - $836,000
Avail. suites: 8
0—3 bd
235—1012 SqFt