Suite number:
Meandros Terrace (A)
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
843 sqft
Occupancy Date:
Dec 2026
Price, CAD
$858,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.65%
Cumulative Return on Investment in Year 5
101.60%
Property Price at the End of Year 5
$1,107,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$42,950
5% in 450 days
$42,950
10% on Occupancy
$85,899
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 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $567,000 |
| rent income | - | $17,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $298,000 |
| mortgage principal reduction | - | $6,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $110,000 |
| deposit interest | -$523 | $1,000 | - | - | - | - | - | - | - | - | $817 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $96,000 | $91,000 | $95,000 | $100,000 | $104,000 | $109,000 | $115,000 | $120,000 | $126,000 | $1,000,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $43,000 | $129,000 | - | - | - | - | - | - | - | - | $172,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $54,000 | - | - | - | - | - | - | - | - | $54,000 |
| operating expense | - | $7,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $108,000 |
| mortgage payment | - | $25,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $369,000 |
| total expense investment | $43,000 | $215,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $56,000 | $57,000 | $703,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $1,000 | -$119,173 | $36,000 | $40,000 | $44,000 | $49,000 | $54,000 | $59,000 | $64,000 | $69,000 | $296,000 |
| cumulative roi | $104 | $52 | $70 | $86 | $102 | $116 | $131 | $145 | $160 | $174 | $1,000 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $687,000 - $951,000
Avail. suites: 15
0—3 bd
369—1012 SqFt