Suite number:
1305 - Producer
Project:
Address:
Hamilton, Ontario
Developer:
Canlight Realty Corp.
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
552 sqft
Occupancy Date:
Jul 2025
Price, CAD
$659,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.58%
Cumulative Return on Investment in Year 5
86.18%
Property Price at the End of Year 5
$850,000
Deposit Schedule
$5,500 at Signing
Total up to 2.5% in 0 days
$16,500
5% in 120 days
$33,000
5% on Occupancy
$33,000
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $54,000 | $436,000 |
| rent income | $3,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $99,000 |
| mortgage principal reduction | $3,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $103,000 |
| deposit interest | $700 | - | - | - | - | - | - | - | - | - | $700 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $65,000 | $55,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $663,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $82,000 | - | - | - | - | - | - | - | - | - | $82,000 |
| remaining balance payment | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| closing cost | $49,000 | - | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | $2,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $75,000 |
| mortgage payment | $10,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $282,000 |
| total expense investment | $193,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $538,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$128,165 | $17,000 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $40,000 | $125,000 |
| cumulative roi | $33 | $50 | $64 | $76 | $86 | $96 | $105 | $113 | $121 | $129 | $873 |
Radio Arts
Address: Hamilton, Ontario
Price Range: $477,000 - $721,000
Avail. suites: 27
0—3 bd
363—1020 SqFt