Suite number:
1305 - Producer
Project:
Address:
Hamilton, Ontario
Developer:
Canlight Realty Corp.
Property type:
condo
Floor plan:
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
16.38%
Cumulative Return on Investment in Year 5
80.55%
Property Price at the End of Year 5
$850,000
Deposit Schedule
$5,500 at Signing
Total up to 5% in 120 days
$33,000
2.5% in 139 days
$16,500
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 | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $100,000 |
| mortgage principal reduction | $3,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $94,000 |
| deposit interest | $489 | - | - | - | - | - | - | - | - | - | $489 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $66,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $655,000 |
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 | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
| operating expense | $3,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $73,000 |
| mortgage payment | $14,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $311,000 |
| total expense investment | $199,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $566,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$133,123 | $13,000 | $16,000 | $18,000 | $21,000 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $89,000 |
| cumulative roi | $32 | $48 | $60 | $71 | $81 | $89 | $97 | $105 | $113 | $120 | $816 |
Radio Arts
Address: Hamilton, Ontario
Price Range: $477,000 - $721,000
Avail. suites: 29
0—3 bd
363—1020 SqFt