Suite number:
1011 - A312
Project:
Address:
Hamilton, Ontario
Developer:
IN8 Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
312 sqft
Occupancy Date:
May 2027
Price, CAD
$425,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.27%
Cumulative Return on Investment in Year 5
97.94%
Property Price at the End of Year 5
$549,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in -82 days
$21,300
5% in 30 days
$21,300
5% in 180 days
$21,300
5% on Occupancy
$21,300
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 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $281,000 |
| rent income | - | $314 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $5,000 | $5,000 | $5,000 | $36,000 |
| mortgage principal reduction | - | $429 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $51,000 |
| deposit interest | $2,000 | $2,000 | - | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $24,000 | $26,000 | $58,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $395,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $43,000 | $21,000 | - | - | - | - | - | - | - | - | $64,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $45,000 | - | - | - | - | - | - | - | - | $45,000 |
| operating expense | - | $350 | $4,000 | $4,000 | $4,000 | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $37,000 |
| mortgage payment | - | $2,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $172,000 |
| total expense investment | $43,000 | $69,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $319,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$18,895 | -$42,967 | $32,000 | $10,000 | $11,000 | $13,000 | $15,000 | $17,000 | $19,000 | $21,000 | $76,000 |
| cumulative roi | $56 | $46 | $81 | $90 | $98 | $105 | $111 | $118 | $124 | $129 | $957 |
1107 Main
Address: Hamilton, Ontario
Price Range: $400,000 - $1,329,000
Avail. suites: 63
0—3 bd
289—1185 SqFt