Suite number:
1012 - 2D-02
Project:
Address:
Hamilton, Ontario
Developer:
The Hi-Rise Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
973 sqft
Occupancy Date:
Mar 2026
$904,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.89%
Cumulative Return on Investment in Year 5
94.62%
Property Price at the End of Year 5
$1,166,000
Deposit Schedule
$1 at Signing
Total up to 1% in 30 days
$9,050
1% in 60 days
$9,050
1% in 90 days
$9,050
1% in 120 days
$9,050
1% in 150 days
$9,050
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 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $74,000 | $597,000 |
rent income | - | $15,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $204,000 |
mortgage principal reduction | - | $9,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $122,000 |
deposit interest | $4,000 | $1,000 | - | - | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $51,000 | $98,000 | $84,000 | $89,000 | $93,000 | $97,000 | $102,000 | $107,000 | $113,000 | $118,000 | $953,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $118,000 | $9,000 | - | - | - | - | - | - | - | - | $127,000 |
remaining balance payment | - | $54,000 | - | - | - | - | - | - | - | - | $54,000 |
closing cost | - | $54,000 | - | - | - | - | - | - | - | - | $54,000 |
operating expense | - | $8,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $109,000 |
mortgage payment | - | $33,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $385,000 |
total expense investment | $118,000 | $158,000 | $55,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $58,000 | $58,000 | $729,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$66,674 | -$59,821 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $55,000 | $60,000 | $224,000 |
cumulative roi | $43 | $53 | $69 | $83 | $95 | $106 | $116 | $126 | $135 | $145 | $971 |
75 James Condominiums
Address: Hamilton, Ontario
Price Range: $534,000 - $1,338,000
Avail. suites: 24
0—3.5 bd
345—1406 SqFt