Suite number:
305 - ST-0-02
Project:
Address:
Hamilton, Ontario
Developer:
Slate Asset Management
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
0
Size:
358 sqft
Occupancy Date:
Mar 2028
Price, CAD
$360,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.32%
Cumulative Return on Investment in Year 5
99.19%
Property Price at the End of Year 5
$465,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$18,045
2.5% in 90 days
$9,023
2.5% in 150 days
$9,023
2.5% in 720 days
$9,023
2.5% in 1095 days
$9,023
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 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $30,000 | $238,000 |
| rent income | - | - | - | $4,000 | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $34,000 |
| mortgage principal reduction | - | - | - | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $35,000 |
| deposit interest | -$1,290 | $3,000 | $2,000 | $2,000 | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $17,000 | $22,000 | $23,000 | $55,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $336,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $36,000 | $9,000 | - | $27,000 | - | - | - | - | - | - | $72,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $44,000 | - | - | - | - | - | - | $44,000 |
| operating expense | - | - | - | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $32,000 |
| mortgage payment | - | - | - | $15,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $124,000 |
| total expense investment | $36,000 | $9,000 | - | $90,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $272,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$18,667 | $13,000 | $23,000 | -$35,433 | $10,000 | $11,000 | $13,000 | $14,000 | $16,000 | $18,000 | $64,000 |
| cumulative roi | $52 | $88 | $140 | $91 | $99 | $106 | $113 | $119 | $125 | $131 | $1,000 |
Corktown Condos
Address: Hamilton, Ontario
Price Range: $330,000 - $799,000
Avail. suites: 24
0—2.5 bd
302—864 SqFt