Suite number:
Pendant Terrace (A)
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
872 sqft
Occupancy Date:
Dec 2026
Price, CAD
$893,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.72%
Cumulative Return on Investment in Year 5
101.62%
Property Price at the End of Year 5
$1,152,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$44,700
5% in 450 days
$44,700
10% on Occupancy
$89,399
Net Gain (Loss)
Get Expert Advice
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 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $590,000 |
rent income | - | $18,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $308,000 |
mortgage principal reduction | - | $6,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $114,000 |
deposit interest | -$544 | $1,000 | - | - | - | - | - | - | - | - | $850 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $46,000 | $98,000 | $94,000 | $99,000 | $103,000 | $108,000 | $114,000 | $119,000 | $125,000 | $131,000 | $1,037,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $45,000 | $134,000 | - | - | - | - | - | - | - | - | $179,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $55,000 | - | - | - | - | - | - | - | - | $55,000 |
operating expense | - | $7,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $112,000 |
mortgage payment | - | $26,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $384,000 |
total expense investment | $45,000 | $222,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $730,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $1,000 | -$123,576 | $37,000 | $41,000 | $46,000 | $51,000 | $56,000 | $61,000 | $66,000 | $72,000 | $308,000 |
cumulative roi | $104 | $51 | $70 | $86 | $102 | $116 | $131 | $145 | $159 | $174 | $1,000 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $687,000 - $951,000
Avail. suites: 15
0—3 bd
369—1012 SqFt