Suite number:
1310 - Basalt
Project:
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
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
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
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
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
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
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