Suite number:
307 (Amplitude)
Project:
Address:
Hamilton, Ontario
Developer:
Canlight Realty Corp.
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
432 sqft
Occupancy Date:
Jul 2025
Price, CAD
$536,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
15.49%
Cumulative Return on Investment in Year 5
77.84%
Property Price at the End of Year 5
$692,000
Deposit Schedule
$5,500 at Signing
Total up to 5% in 120 days
$26,850
2.5% in 159 days
$13,425
5% on Occupancy
$26,850
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 | $28,000 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $354,000 |
| rent income | $2,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $59,000 |
| mortgage principal reduction | $3,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $77,000 |
| deposit interest | $416 | - | - | - | - | - | - | - | - | - | $416 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $57,000 | $41,000 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $61,000 | $515,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $67,000 | - | - | - | - | - | - | - | - | - | $67,000 |
| remaining balance payment | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
| closing cost | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
| operating expense | $2,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $56,000 |
| mortgage payment | $11,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $253,000 |
| total expense investment | $169,000 | $32,000 | $32,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $464,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$111,409 | $9,000 | $11,000 | $13,000 | $15,000 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $51,000 |
| cumulative roi | $34 | $48 | $59 | $69 | $78 | $86 | $93 | $100 | $107 | $113 | $786 |
Radio Arts
Address: Hamilton, Ontario
Price Range: $477,000 - $721,000
Avail. suites: 29
0—3 bd
363—1020 SqFt