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
16.80%
Cumulative Return on Investment in Year 5
86.67%
Property Price at the End of Year 5
$549,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$21,300
2.5% in 90 days
$10,650
2.5% in 180 days
$10,650
2.5% in 270 days
$10,650
2.5% in 365 days
$10,650
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 | - | $1,000 | $4,000 | $4,000 | $4,000 | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $37,000 |
| mortgage principal reduction | - | $2,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $52,000 |
| deposit interest | $3,000 | $2,000 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $25,000 | $52,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $399,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $64,000 | $21,000 | - | - | - | - | - | - | - | - | $85,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $45,000 | - | - | - | - | - | - | - | - | $45,000 |
| operating expense | - | $1,000 | $4,000 | $4,000 | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $38,000 |
| mortgage payment | - | $7,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $178,000 |
| total expense investment | $64,000 | $75,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $346,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$38,891 | -$23,067 | $8,000 | $10,000 | $11,000 | $13,000 | $15,000 | $17,000 | $19,000 | $21,000 | $53,000 |
| cumulative roi | $39 | $58 | $69 | $78 | $87 | $94 | $101 | $107 | $114 | $120 | $867 |
1107 Main
Address: Hamilton, Ontario
Price Range: $400,000 - $1,329,000
Avail. suites: 62
0—3 bd
289—1185 SqFt