Suite number:
1006 - C524
Project:
Address:
Hamilton, Ontario
Developer:
IN8 Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
519 sqft
Occupancy Date:
May 2027
Price, CAD
$599,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.96%
Cumulative Return on Investment in Year 5
108.01%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$30,000
2.5% in 90 days
$15,000
2.5% in 180 days
$15,000
2.5% in 270 days
$15,000
2.5% in 365 days
$15,000
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 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
| rent income | - | - | $14,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $163,000 |
| mortgage principal reduction | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $68,000 |
| deposit interest | $3,000 | $5,000 | $870 | - | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $38,000 | $79,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $660,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $75,000 | $15,000 | $30,000 | - | - | - | - | - | - | - | $120,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | $49,000 | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $65,000 |
| mortgage payment | - | - | $23,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $233,000 |
| total expense investment | $75,000 | $15,000 | $107,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $467,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$40,699 | $23,000 | -$28,835 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $44,000 | $193,000 |
| cumulative roi | $46 | $80 | $79 | $94 | $108 | $121 | $133 | $145 | $157 | $169 | $1,000 |
1107 Main
Address: Hamilton, Ontario
Price Range: $426,000 - $1,329,000
Avail. suites: 55
0—3 bd
289—1185 SqFt