Suite number:
3117 - Nickel (B) PH
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
496 sqft
Occupancy Date:
Nov 2026
Price, CAD
$593,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.07%
Cumulative Return on Investment in Year 5
84.38%
Property Price at the End of Year 5
$765,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$14,850
2.5% in 82 days
$14,850
2.5% in 90 days
$14,850
2.5% in 294 days
$14,850
10% on Occupancy
$59,399
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $392,000 |
| rent income | - | $7,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $84,000 |
| mortgage principal reduction | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $79,000 |
| deposit interest | $2,000 | $8 | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $33,000 | $71,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $582,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $59,000 | $59,000 | - | - | - | - | - | - | - | - | $119,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $49,000 | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $60,000 |
| mortgage payment | - | $27,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $265,000 |
| total expense investment | $59,000 | $141,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $493,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$26,046 | -$70,642 | $14,000 | $16,000 | $19,000 | $22,000 | $24,000 | $27,000 | $30,000 | $33,000 | $90,000 |
| cumulative roi | $56 | $51 | $64 | $75 | $84 | $93 | $101 | $109 | $116 | $123 | $873 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $479,000 - $951,000
Avail. suites: 78
0—3 bd
369—1012 SqFt