Suite number:
3107 - Onyx (A) PH
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
575 sqft
Occupancy Date:
Nov 2026
Price, CAD
$585,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.65%
Cumulative Return on Investment in Year 5
87.05%
Property Price at the End of Year 5
$755,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$14,650
2.5% in 90 days
$14,650
2.5% in 173 days
$14,650
2.5% in 385 days
$14,650
10% on Occupancy
$58,599
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 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $387,000 |
rent income | - | $6,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $95,000 |
mortgage principal reduction | - | $5,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $76,000 |
deposit interest | $2,000 | $1,000 | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $32,000 | $68,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $585,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $44,000 | $73,000 | - | - | - | - | - | - | - | - | $117,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $49,000 | - | - | - | - | - | - | - | - | $49,000 |
operating expense | - | $5,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $64,000 |
mortgage payment | - | $20,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $254,000 |
total expense investment | $44,000 | $146,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $485,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$11,583 | -$77,696 | $14,000 | $17,000 | $19,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $100,000 |
cumulative roi | $74 | $53 | $66 | $77 | $87 | $96 | $104 | $112 | $120 | $127 | $917 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $479,000 - $951,000
Avail. suites: 78
0—3 bd
369—1012 SqFt