Suite number:
207 - C493
Project:
Address:
Hamilton, Ontario
Developer:
IN8 Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
493 sqft
Occupancy Date:
May 2027
Price, CAD
$554,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.59%
Cumulative Return on Investment in Year 5
102.70%
Property Price at the End of Year 5
$715,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$27,750
2.5% in 90 days
$13,875
2.5% in 180 days
$13,875
2.5% in 270 days
$13,875
2.5% in 365 days
$13,875
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 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $367,000 |
| rent income | - | $6,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $168,000 |
| mortgage principal reduction | - | $2,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $68,000 |
| deposit interest | $4,000 | $3,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $33,000 | $65,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $633,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $83,000 | $28,000 | - | - | - | - | - | - | - | - | $111,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $48,000 | - | - | - | - | - | - | - | - | $48,000 |
| operating expense | - | $2,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $67,000 |
| mortgage payment | - | $9,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $232,000 |
| total expense investment | $83,000 | $88,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $457,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$50,680 | -$22,645 | $21,000 | $24,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $42,000 | $176,000 |
| cumulative roi | $39 | $58 | $75 | $89 | $103 | $116 | $128 | $140 | $153 | $165 | $1,000 |
1107 Main
Address: Hamilton, Ontario
Price Range: $400,000 - $1,329,000
Avail. suites: 62
0—3 bd
289—1185 SqFt