Suite number:
Balmoral Alt1 (Podium)
Project:
Address:
Hamilton, Ontario
Developer:
Rosehaven Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
461 sqft
Occupancy Date:
Mar 2030
Price, CAD
$534,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
345.88%
Cumulative Return on Investment in Year 5
1568.36%
Property Price at the End of Year 5
$689,000
Deposit Schedule
$10,000 at Signing
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 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $353,000 |
| rent income | - | - | - | - | - | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $37,000 |
| mortgage principal reduction | - | - | - | - | - | $4,000 | $7,000 | $7,000 | $7,000 | $8,000 | $34,000 |
| deposit interest | $518 | $520 | $520 | $520 | $520 | $160 | - | - | - | - | $3,000 |
| gst hst rebate | - | - | - | - | - | $24,000 | - | - | - | - | $24,000 |
| total income return | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $69,000 | $52,000 | $55,000 | $58,000 | $60,000 | $451,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| remaining balance payment | - | - | - | - | - | $97,000 | - | - | - | - | $97,000 |
| closing cost | - | - | - | - | - | $48,000 | - | - | - | - | $48,000 |
| operating expense | - | - | - | - | - | $4,000 | $6,000 | $6,000 | $6,000 | $7,000 | $30,000 |
| mortgage payment | - | - | - | - | - | $18,000 | $27,000 | $27,000 | $27,000 | $27,000 | $125,000 |
| total expense investment | $10,000 | - | - | - | - | $167,000 | $33,000 | $33,000 | $33,000 | $33,000 | $309,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $18,000 | $30,000 | $31,000 | $33,000 | $35,000 | -$97,299 | $19,000 | $22,000 | $24,000 | $27,000 | $142,000 |
| cumulative roi | $283 | $580 | $893 | $1,000 | $2,000 | $133 | $138 | $144 | $149 | $155 | $5,000 |
The Rebecca
Address: Hamilton, Ontario
Price Range: $535,000 - $825,000
Avail. suites: 48
1—2 bd
425—788 SqFt