Suite number:
Elizabeth (Tower)
Project:
Address:
Hamilton, Ontario
Developer:
Rosehaven Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
521 sqft
Occupancy Date:
Mar 2028
Price, CAD
$605,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.52%
Cumulative Return on Investment in Year 5
112.74%
Property Price at the End of Year 5
$781,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$30,300
5% in 139 days
$30,300
10% on Occupancy
$60,599
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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $400,000 |
| rent income | - | - | - | $17,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $143,000 |
| mortgage principal reduction | - | - | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $60,000 |
| deposit interest | $3,000 | $3,000 | $3,000 | $224 | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $36,000 | $38,000 | $84,000 | $65,000 | $69,000 | $72,000 | $75,000 | $79,000 | $83,000 | $636,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $61,000 | - | - | $61,000 | - | - | - | - | - | - | $121,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $49,000 | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $58,000 |
| mortgage payment | - | - | - | $28,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $210,000 |
| total expense investment | $61,000 | - | - | $145,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $438,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$26,638 | $36,000 | $38,000 | -$60,252 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $44,000 | $198,000 |
| cumulative roi | $56 | $116 | $179 | $99 | $113 | $126 | $138 | $150 | $161 | $173 | $1,000 |
The Rebecca
Address: Hamilton, Ontario
Price Range: $535,000 - $825,000
Avail. suites: 48
1—2 bd
425—788 SqFt