Suite number:
1102 - 2B-7T
Project:
Address:
Hamilton, Ontario
Developer:
The Hi-Rise Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
798 sqft
Occupancy Date:
Mar 2026
Price, CAD
$683,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.74%
Cumulative Return on Investment in Year 5
87.01%
Property Price at the End of Year 5
$881,000
Deposit Schedule
$1 at Signing
Total up to 1% in 30 days
$6,840
1% in 60 days
$6,840
1% in 90 days
$6,840
1% in 120 days
$6,840
1% in 150 days
$6,840
Net Gain (Loss)
Get Expert Advice
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 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $452,000 |
rent income | $5,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $170,000 |
mortgage principal reduction | $3,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $97,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $69,000 | $61,000 | $64,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $743,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $96,000 | - | - | - | - | - | - | - | - | - | $96,000 |
remaining balance payment | $41,000 | - | - | - | - | - | - | - | - | - | $41,000 |
closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
operating expense | $3,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $90,000 |
mortgage payment | $11,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $320,000 |
total expense investment | $202,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $598,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$133,165 | $18,000 | $21,000 | $24,000 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $45,000 | $146,000 |
cumulative roi | $33 | $50 | $64 | $76 | $87 | $97 | $107 | $117 | $126 | $135 | $891 |
75 James Condominiums
Address: Hamilton, Ontario
Price Range: $530,000 - $1,338,000
Avail. suites: 26
0—3.5 bd
345—1406 SqFt