Suite number:
3106 - Limestone (A) PH
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
734 sqft
Occupancy Date:
Nov 2026
Price, CAD
$794,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.68%
Cumulative Return on Investment in Year 5
89.54%
Property Price at the End of Year 5
$1,025,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$19,875
2.5% in 90 days
$19,875
2.5% in 173 days
$19,875
2.5% in 385 days
$19,875
10% on Occupancy
$79,499
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 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $525,000 |
rent income | - | $9,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $143,000 |
mortgage principal reduction | - | $6,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $103,000 |
deposit interest | $2,000 | $2,000 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $44,000 | $85,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $799,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $60,000 | $99,000 | - | - | - | - | - | - | - | - | $159,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $53,000 | - | - | - | - | - | - | - | - | $53,000 |
operating expense | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $85,000 |
mortgage payment | - | $27,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $345,000 |
total expense investment | $60,000 | $185,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $51,000 | $642,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$15,714 | -$99,707 | $21,000 | $25,000 | $28,000 | $32,000 | $35,000 | $39,000 | $44,000 | $48,000 | $157,000 |
cumulative roi | $74 | $52 | $67 | $79 | $90 | $99 | $108 | $117 | $125 | $133 | $944 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $479,000 - $951,000
Avail. suites: 78
0—3 bd
369—1012 SqFt