Suite number:

1310 - Basalt

Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
822 sqft
Occupancy Date:
Dec 2026
Price, CAD
$699,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5

23.09%

Cumulative Return on Investment in Year 5

111.02%

Property Price at the End of Year 5

$902,000

Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$17,498
2.5% in 90 days
$17,498
2.5% in 400 days
$17,498
2.5% in 545 days
$17,498
10% on Occupancy
$69,990
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$36,000$38,000$40,000$42,000$45,000$47,000$49,000$52,000$55,000$57,000$462,000
rent income-$5,000$29,000$30,000$31,000$33,000$34,000$36,000$37,000$39,000$274,000
mortgage principal reduction-$1,000$9,000$9,000$10,000$10,000$11,000$11,000$12,000$12,000$84,000
deposit interest$2,000$4,000--------$6,000
gst hst rebate-$24,000--------$24,000
total income return$38,000$73,000$78,000$82,000$86,000$90,000$94,000$99,000$103,000$108,000$850,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$35,000$105,000--------$140,000
remaining balance payment-----------
closing cost-$51,000--------$51,000
operating expense-$2,000$11,000$11,000$11,000$12,000$12,000$12,000$12,000$13,000$96,000
mortgage payment-$6,000$35,000$35,000$35,000$35,000$35,000$35,000$35,000$35,000$286,000
total expense investment$35,000$164,000$46,000$46,000$46,000$47,000$47,000$47,000$48,000$48,000$573,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss$3,000-$90,892$32,000$36,000$39,000$43,000$47,000$51,000$56,000$61,000$277,000
cumulative roi$108$57$76$94$111$128$144$161$179$197$1,000
The Design District Condos
Address: Hamilton, Ontario
Price Range: $430,000 - $836,000
Avail. suites: 8
0—3 bd
235—1012 SqFt