Suite number:
Camille
Project:
Address:
Hamilton, Ontario
Developer:
Rosehaven Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
543 sqft
Occupancy Date:
Mar 2028
Price, CAD
$610,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.51%
Cumulative Return on Investment in Year 5
114.60%
Property Price at the End of Year 5
$787,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 0 days
$30,550
5% in 30 days
$20,550
10% on Occupancy
$61,099
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 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $403,000 |
| rent income | - | - | - | $5,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $80,000 |
| mortgage principal reduction | - | - | - | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $63,000 |
| deposit interest | $2,000 | $3,000 | $3,000 | $1,000 | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | - | $24,000 | - | - | - | - | - | - | $24,000 |
| total income return | $34,000 | $37,000 | $38,000 | $72,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $580,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $61,000 | - | - | $61,000 | - | - | - | - | - | - | $122,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | $48,000 | - | - | - | - | - | - | $48,000 |
| operating expense | - | - | - | $4,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $52,000 |
| mortgage payment | - | - | - | $14,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $182,000 |
| total expense investment | $61,000 | - | - | $126,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $404,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$27,455 | $37,000 | $38,000 | -$54,294 | $23,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $176,000 |
| cumulative roi | $55 | $115 | $178 | $103 | $115 | $125 | $134 | $143 | $152 | $160 | $1,000 |
The Rebecca is a new condominium overlooking the next food and culture capital of the province. Steps from a growing selection of world-class dining in the entertainment district on King William, and within walking distance of the city’s largest gree...
Address: Hamilton, Ontario
Price Range: $516,000 - $825,000
Avail. suites: 53
1—2 bd
425—788 SqFt