Suite number:
1301 - C521
Project:
Address:
Hamilton, Ontario
Developer:
IN8 Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
517 sqft
Occupancy Date:
May 2027
Price, CAD
$611,490
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.29%
Cumulative Return on Investment in Year 5
103.95%
Property Price at the End of Year 5
$788,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$30,575
2.5% in 90 days
$15,287
2.5% in 180 days
$15,287
2.5% in 270 days
$15,287
2.5% in 365 days
$15,287
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 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $404,000 |
| rent income | - | - | $5,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $90,000 |
| mortgage principal reduction | - | - | $4,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $69,000 |
| deposit interest | $3,000 | $5,000 | $2,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $35,000 | $39,000 | $70,000 | $56,000 | $59,000 | $61,000 | $64,000 | $68,000 | $71,000 | $74,000 | $597,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $76,000 | $15,000 | $31,000 | - | - | - | - | - | - | - | $122,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $48,000 | - | - | - | - | - | - | - | $48,000 |
| operating expense | - | - | $4,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $59,000 |
| mortgage payment | - | - | $15,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $223,000 |
| total expense investment | $76,000 | $15,000 | $97,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $452,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$41,466 | $24,000 | -$26,325 | $19,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $145,000 |
| cumulative roi | $46 | $80 | $82 | $94 | $104 | $113 | $122 | $130 | $138 | $145 | $1,000 |
1107 Main
Address: Hamilton, Ontario
Price Range: $400,000 - $1,329,000
Avail. suites: 67
0—3 bd
289—1185 SqFt