Suite number:
109 - E840
Project:
Address:
Hamilton, Ontario
Developer:
IN8 Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
840 sqft
Occupancy Date:
May 2027
Price, CAD
$895,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.40%
Cumulative Return on Investment in Year 5
105.79%
Property Price at the End of Year 5
$1,154,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$44,800
2.5% in 90 days
$22,400
2.5% in 180 days
$22,400
2.5% in 270 days
$22,400
2.5% in 365 days
$22,400
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 | $46,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $74,000 | $591,000 |
| rent income | - | - | $8,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $138,000 |
| mortgage principal reduction | - | - | $6,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $101,000 |
| deposit interest | $5,000 | $8,000 | $3,000 | - | - | - | - | - | - | - | $16,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $51,000 | $57,000 | $92,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $110,000 | $870,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $112,000 | $22,000 | $45,000 | - | - | - | - | - | - | - | $179,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $53,000 | - | - | - | - | - | - | - | $53,000 |
| operating expense | - | - | $6,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $92,000 |
| mortgage payment | - | - | $22,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $327,000 |
| total expense investment | $112,000 | $22,000 | $126,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $652,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$60,768 | $34,000 | -$33,290 | $27,000 | $31,000 | $35,000 | $39,000 | $44,000 | $48,000 | $53,000 | $218,000 |
| cumulative roi | $46 | $80 | $83 | $95 | $106 | $115 | $124 | $132 | $140 | $148 | $1,000 |
1107 Main
Address: Hamilton, Ontario
Price Range: $400,000 - $1,329,000
Avail. suites: 67
0—3 bd
289—1185 SqFt