Suite number:
1507 - S-05
Project:
Address:
Hamilton, Ontario
Developer:
The Hi-Rise Group
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
476 sqft
Occupancy Date:
Mar 2026
$533,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.21%
Cumulative Return on Investment in Year 5
85.92%
Property Price at the End of Year 5
$688,000
Deposit Schedule
$1 at Signing
Total up to 1% in 30 days
$5,340
1% in 60 days
$5,340
1% in 90 days
$5,340
1% in 120 days
$5,340
1% in 150 days
$5,340
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 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $352,000 |
rent income | - | $4,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $60,000 |
mortgage principal reduction | - | $5,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $72,000 |
deposit interest | $2,000 | $859 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $30,000 | $64,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $512,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $69,000 | $5,000 | - | - | - | - | - | - | - | - | $75,000 |
remaining balance payment | - | $32,000 | - | - | - | - | - | - | - | - | $32,000 |
closing cost | - | $46,000 | - | - | - | - | - | - | - | - | $46,000 |
operating expense | - | $4,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $53,000 |
mortgage payment | - | $19,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $227,000 |
total expense investment | $69,000 | $107,000 | $31,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $33,000 | $33,000 | $433,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$39,341 | -$43,486 | $12,000 | $14,000 | $17,000 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $79,000 |
cumulative roi | $43 | $54 | $66 | $77 | $86 | $94 | $102 | $109 | $116 | $123 | $870 |
75 James Condominiums
Address: Hamilton, Ontario
Price Range: $534,000 - $1,338,000
Avail. suites: 24
0—3.5 bd
345—1406 SqFt