Suite number:
Camille (Tower)
Project:
Address:
Hamilton, Ontario
Developer:
Rosehaven Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
543 sqft
Occupancy Date:
Mar 2028
Price, CAD
$616,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.66%
Cumulative Return on Investment in Year 5
113.21%
Property Price at the End of Year 5
$795,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$30,850
5% in 139 days
$30,850
10% on Occupancy
$61,699
Net Gain (Loss)
Get Expert Advice
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 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $407,000 |
rent income | - | - | - | $17,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $149,000 |
mortgage principal reduction | - | - | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $61,000 |
deposit interest | $3,000 | $3,000 | $3,000 | $229 | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
total income return | $35,000 | $37,000 | $39,000 | $86,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $650,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $62,000 | - | - | $62,000 | - | - | - | - | - | - | $123,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | $49,000 | - | - | - | - | - | - | $49,000 |
operating expense | - | - | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $60,000 |
mortgage payment | - | - | - | $28,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $214,000 |
total expense investment | $62,000 | - | - | $147,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $447,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$27,122 | $37,000 | $39,000 | -$60,842 | $28,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $204,000 |
cumulative roi | $56 | $116 | $179 | $99 | $113 | $126 | $139 | $151 | $163 | $175 | $1,000 |
The Rebecca
Address: Hamilton, Ontario
Price Range: $535,000 - $825,000
Avail. suites: 48
1—2 bd
425—788 SqFt