Suite number:
1012 - A289
Project:
Address:
Hamilton, Ontario
Developer:
IN8 Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
289 sqft
Occupancy Date:
May 2027
Price, CAD
$399,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.85%
Cumulative Return on Investment in Year 5
97.09%
Property Price at the End of Year 5
$515,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$20,000
2.5% in 90 days
$10,000
2.5% in 180 days
$10,000
2.5% in 270 days
$10,000
2.5% in 365 days
$10,000
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 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $264,000 |
| rent income | - | - | $2,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $5,000 | $30,000 |
| mortgage principal reduction | - | - | $3,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $45,000 |
| deposit interest | $2,000 | $4,000 | $1,000 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $23,000 | $25,000 | $53,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $370,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $50,000 | $10,000 | $20,000 | - | - | - | - | - | - | - | $80,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $43,000 | - | - | - | - | - | - | - | $43,000 |
| operating expense | - | - | $2,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $5,000 | $5,000 | $32,000 |
| mortgage payment | - | - | $10,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $146,000 |
| total expense investment | $50,000 | $10,000 | $75,000 | $23,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $302,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$27,117 | $15,000 | -$22,500 | $10,000 | $11,000 | $13,000 | $14,000 | $16,000 | $18,000 | $20,000 | $68,000 |
| cumulative roi | $46 | $80 | $79 | $89 | $97 | $104 | $111 | $117 | $123 | $129 | $977 |
1107 Main
Address: Hamilton, Ontario
Price Range: $400,000 - $1,329,000
Avail. suites: 67
0—3 bd
289—1185 SqFt