Suite number:
339 - E733T
Project:
Address:
Hamilton, Ontario
Developer:
IN8 Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
733 sqft
Occupancy Date:
May 2027
Price, CAD
$764,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.82%
Cumulative Return on Investment in Year 5
100.11%
Property Price at the End of Year 5
$986,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$38,250
2.5% in 90 days
$19,125
2.5% in 180 days
$19,125
2.5% in 270 days
$19,125
2.5% in 365 days
$19,125
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 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $505,000 |
| rent income | - | - | $10,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $125,000 |
| mortgage principal reduction | - | - | $7,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $86,000 |
| deposit interest | $4,000 | $7,000 | $1,000 | - | - | - | - | - | - | - | $12,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $49,000 | $87,000 | $70,000 | $74,000 | $78,000 | $81,000 | $86,000 | $90,000 | $94,000 | $752,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $96,000 | $19,000 | $38,000 | - | - | - | - | - | - | - | $153,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | - | $7,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $81,000 |
| mortgage payment | - | - | $29,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $297,000 |
| total expense investment | $96,000 | $19,000 | $126,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $49,000 | $49,000 | $583,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$51,898 | $29,000 | -$39,889 | $22,000 | $26,000 | $29,000 | $33,000 | $37,000 | $41,000 | $45,000 | $169,000 |
| cumulative roi | $46 | $80 | $78 | $90 | $100 | $109 | $118 | $126 | $134 | $142 | $1,000 |
1107 Main
Address: Hamilton, Ontario
Price Range: $426,000 - $1,329,000
Avail. suites: 55
0—3 bd
289—1185 SqFt