Suite number:
1307 Radar
Project:
Address:
Hamilton, Ontario
Developer:
Canlight Realty Corp.
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
695 sqft
Occupancy Date:
Jul 2025
$716,990
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.05%
Cumulative Return on Investment in Year 5
87.64%
Property Price at the End of Year 5
$924,000
Deposit Schedule
$5,500 at Signing
Total up to 2.5% in 0 days
$17,925
5% in 120 days
$30,350
5% on Occupancy
$35,850
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 | $51,000 | $53,000 | $56,000 | $59,000 | $473,000 |
rent income | $3,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $124,000 |
mortgage principal reduction | $2,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $111,000 |
deposit interest | $919 | - | - | - | - | - | - | - | - | - | $919 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $67,000 | $61,000 | $64,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $733,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $90,000 | - | - | - | - | - | - | - | - | - | $90,000 |
remaining balance payment | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
closing cost | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
operating expense | $2,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $90,000 |
mortgage payment | $8,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $304,000 |
total expense investment | $204,000 | $41,000 | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $587,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$136,182 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $45,000 | $146,000 |
cumulative roi | $33 | $50 | $64 | $77 | $88 | $98 | $107 | $116 | $124 | $132 | $888 |
There’s a certain synchronicity to life at Radio Arts. Amenities that anticipate and fulfill a need. A harmony of people and place. A home that’s both an oasis and a convergence. Radio Arts is in tune with living life to the fullest, whether at home,...
Address: Hamilton, Ontario
Price Range: $477,000 - $721,000
Avail. suites: 27
0—3 bd
363—1020 SqFt