Suite number:
117 - E777
Project:
Address:
Hamilton, Ontario
Developer:
IN8 Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
777 sqft
Occupancy Date:
May 2027
Price, CAD
$769,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.63%
Cumulative Return on Investment in Year 5
93.55%
Property Price at the End of Year 5
$992,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$38,500
2.5% in 90 days
$19,250
2.5% in 180 days
$19,250
2.5% in 270 days
$19,250
2.5% in 365 days
$19,250
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 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $508,000 |
| rent income | - | $2,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $141,000 |
| mortgage principal reduction | - | $2,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $93,000 |
| deposit interest | $759 | $5,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $41,000 | $75,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $88,000 | $92,000 | $96,000 | $772,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $96,000 | $58,000 | - | - | - | - | - | - | - | - | $154,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
| operating expense | - | $2,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $89,000 |
| mortgage payment | - | $6,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $315,000 |
| total expense investment | $96,000 | $118,000 | $49,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $611,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$55,451 | -$42,828 | $20,000 | $23,000 | $27,000 | $30,000 | $34,000 | $38,000 | $42,000 | $46,000 | $161,000 |
| cumulative roi | $42 | $56 | $71 | $83 | $94 | $103 | $112 | $121 | $129 | $137 | $947 |
1107 Main
Address: Hamilton, Ontario
Price Range: $400,000 - $1,329,000
Avail. suites: 63
0—3 bd
289—1185 SqFt