Suite number:
Magnesium (B)
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
556 sqft
Occupancy Date:
Dec 2026
Price, CAD
$686,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.16%
Cumulative Return on Investment in Year 5
96.43%
Property Price at the End of Year 5
$885,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$34,350
5% in 450 days
$34,350
10% on Occupancy
$68,699
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 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $453,000 |
| rent income | - | $11,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $197,000 |
| mortgage principal reduction | - | $5,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $88,000 |
| deposit interest | -$418 | $1,000 | - | - | - | - | - | - | - | - | $653 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $79,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $95,000 | $762,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $34,000 | $103,000 | - | - | - | - | - | - | - | - | $137,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $51,000 | - | - | - | - | - | - | - | - | $51,000 |
| operating expense | - | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $75,000 |
| mortgage payment | - | $20,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $295,000 |
| total expense investment | $34,000 | $178,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $558,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $854 | -$99,588 | $26,000 | $29,000 | $32,000 | $36,000 | $39,000 | $43,000 | $47,000 | $51,000 | $204,000 |
| cumulative roi | $104 | $52 | $68 | $83 | $96 | $109 | $121 | $134 | $146 | $158 | $1,000 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $687,000 - $951,000
Avail. suites: 15
0—3 bd
369—1012 SqFt