Suite number:

Cumberland (Podium)

Project:
Address:
Hamilton, Ontario
Developer:
Rosehaven Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
500 sqft
Occupancy Date:
Mar 2030
Price, CAD
$575,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5

371.99%

Cumulative Return on Investment in Year 5

1686.54%

Property Price at the End of Year 5

$742,000

Deposit Schedule
$10,000 at Signing
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$30,000$32,000$33,000$35,000$37,000$39,000$41,000$43,000$45,000$47,000$380,000
rent income-----$7,000$8,000$9,000$9,000$9,000$43,000
mortgage principal reduction-----$7,000$7,000$8,000$8,000$9,000$38,000
deposit interest$515$520$520$520$520$36----$3,000
gst hst rebate-----$24,000----$24,000
total income return$30,000$32,000$34,000$35,000$37,000$76,000$56,000$59,000$62,000$65,000$488,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit$10,000---------$10,000
remaining balance payment-----$105,000----$105,000
closing cost-----$48,000----$48,000
operating expense-----$6,000$7,000$7,000$7,000$7,000$34,000
mortgage payment-----$26,000$29,000$29,000$29,000$29,000$142,000
total expense investment$10,000----$186,000$36,000$36,000$36,000$36,000$339,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss$20,000$32,000$34,000$35,000$37,000-$109,702$21,000$23,000$26,000$29,000$149,000
cumulative roi$304$624$961$1,000$2,000$129$135$141$147$153$6,000
The Rebecca
Address: Hamilton, Ontario
Price Range: $535,000 - $825,000
Avail. suites: 48
1—2 bd
425—788 SqFt