Suite number:
1310 - Basalt
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
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
20.88%
Cumulative Return on Investment in Year 5
99.88%
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 | - | - | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $155,000 |
| mortgage principal reduction | - | - | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $85,000 |
| deposit interest | $1,000 | $5,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $38,000 | $43,000 | $90,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $732,000 |
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 | - | $49,000 | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $86,000 |
| mortgage payment | - | - | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $272,000 |
| total expense investment | $35,000 | $154,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $548,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | -$111,193 | $46,000 | $25,000 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $46,000 | $184,000 |
| cumulative roi | $108 | $44 | $74 | $88 | $100 | $111 | $121 | $131 | $141 | $150 | $1,000 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $430,000 - $836,000
Avail. suites: 8
0—3 bd
235—1012 SqFt