Suite number:
1110 - E648
Project:
Address:
Hamilton, Ontario
Developer:
IN8 Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
648 sqft
Occupancy Date:
May 2027
Price, CAD
$714,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.73%
Cumulative Return on Investment in Year 5
104.52%
Property Price at the End of Year 5
$921,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$35,750
2.5% in 90 days
$17,875
2.5% in 180 days
$17,875
2.5% in 270 days
$17,875
2.5% in 365 days
$17,875
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 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $472,000 |
| rent income | - | - | $6,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $106,000 |
| mortgage principal reduction | - | - | $5,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $80,000 |
| deposit interest | $4,000 | $6,000 | $2,000 | - | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $41,000 | $45,000 | $78,000 | $65,000 | $69,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $695,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $89,000 | $18,000 | $36,000 | - | - | - | - | - | - | - | $143,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
| operating expense | - | - | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $72,000 |
| mortgage payment | - | - | $17,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $261,000 |
| total expense investment | $89,000 | $18,000 | $107,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $525,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$48,488 | $28,000 | -$28,983 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $42,000 | $170,000 |
| cumulative roi | $46 | $80 | $82 | $94 | $105 | $114 | $122 | $130 | $138 | $146 | $1,000 |
1107 Main
Address: Hamilton, Ontario
Price Range: $400,000 - $1,329,000
Avail. suites: 67
0—3 bd
289—1185 SqFt