Suite number:
1317 - Nickel
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
496 sqft
Occupancy Date:
Dec 2026
$539,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.12%
Cumulative Return on Investment in Year 5
93.96%
Property Price at the End of Year 5
$696,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$13,498
2.5% in 90 days
$13,498
2.5% in 400 days
$13,498
2.5% in 545 days
$13,498
10% on Occupancy
$53,990
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 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $356,000 |
rent income | - | - | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $74,000 |
mortgage principal reduction | - | - | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $66,000 |
deposit interest | $1,000 | $4,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
total income return | $29,000 | $33,000 | $70,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $61,000 | $65,000 | $525,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $27,000 | $81,000 | - | - | - | - | - | - | - | - | $108,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $46,000 | - | - | - | - | - | - | - | - | $46,000 |
operating expense | - | - | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $53,000 |
mortgage payment | - | - | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $210,000 |
total expense investment | $27,000 | $127,000 | $32,000 | $32,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $34,000 | $418,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | -$93,884 | $38,000 | $16,000 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $107,000 |
cumulative roi | $108 | $42 | $73 | $84 | $94 | $103 | $111 | $119 | $127 | $134 | $993 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $430,000 - $836,000
Avail. suites: 8
0—3 bd
235—1012 SqFt