Suite number:
112 - E703
Project:
Address:
Hamilton, Ontario
Developer:
IN8 Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
705 sqft
Occupancy Date:
May 2027
Price, CAD
$709,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.43%
Cumulative Return on Investment in Year 5
107.46%
Property Price at the End of Year 5
$915,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in -82 days
$35,500
5% in 30 days
$35,500
5% in 180 days
$35,500
5% on Occupancy
$35,500
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 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $469,000 |
| rent income | - | $1,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $126,000 |
| mortgage principal reduction | - | $715 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $84,000 |
| deposit interest | $3,000 | $3,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $39,000 | $44,000 | $87,000 | $66,000 | $69,000 | $73,000 | $77,000 | $80,000 | $84,000 | $89,000 | $709,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $71,000 | $35,000 | - | - | - | - | - | - | - | - | $106,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $51,000 | - | - | - | - | - | - | - | - | $51,000 |
| operating expense | - | $767 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $80,000 |
| mortgage payment | - | $3,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $287,000 |
| total expense investment | $71,000 | $90,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $526,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$31,520 | -$46,553 | $42,000 | $21,000 | $24,000 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $183,000 |
| cumulative roi | $56 | $53 | $85 | $97 | $107 | $117 | $125 | $133 | $141 | $149 | $1,000 |
1107 Main
Address: Hamilton, Ontario
Price Range: $400,000 - $1,329,000
Avail. suites: 63
0—3 bd
289—1185 SqFt