Suite number:
Concha - 1 Terrace (B)
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1012 sqft
Occupancy Date:
Dec 2026
Price, CAD
$950,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.38%
Cumulative Return on Investment in Year 5
104.25%
Property Price at the End of Year 5
$1,225,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$47,550
5% in 450 days
$47,550
10% on Occupancy
$95,099
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 | $49,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $78,000 | $628,000 |
rent income | - | $21,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $358,000 |
mortgage principal reduction | - | $7,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $121,000 |
deposit interest | -$579 | $1,000 | - | - | - | - | - | - | - | - | $904 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $49,000 | $105,000 | $103,000 | $108,000 | $113,000 | $119,000 | $124,000 | $131,000 | $137,000 | $143,000 | $1,132,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $48,000 | $143,000 | - | - | - | - | - | - | - | - | $190,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $56,000 | - | - | - | - | - | - | - | - | $56,000 |
operating expense | - | $8,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $127,000 |
mortgage payment | - | $28,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $48,000 | $409,000 |
total expense investment | $48,000 | $234,000 | $61,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $63,000 | $64,000 | $782,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $1,000 | -$129,429 | $42,000 | $46,000 | $51,000 | $56,000 | $62,000 | $67,000 | $73,000 | $80,000 | $350,000 |
cumulative roi | $104 | $52 | $71 | $88 | $104 | $120 | $136 | $151 | $167 | $184 | $1,000 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $687,000 - $951,000
Avail. suites: 15
0—3 bd
369—1012 SqFt