Suite number:
1005 - 2B-17
Project:
Address:
Hamilton, Ontario
Developer:
The Hi-Rise Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
690 sqft
Occupancy Date:
Mar 2026
Price, CAD
$695,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.05%
Cumulative Return on Investment in Year 5
83.88%
Property Price at the End of Year 5
$897,000
Deposit Schedule
$1 at Signing
Total up to 1% in 30 days
$6,960
1% in 60 days
$6,960
1% in 90 days
$6,960
1% in 120 days
$6,960
1% in 150 days
$6,960
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 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $459,000 |
| rent income | $8,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $151,000 |
| mortgage principal reduction | $5,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $102,000 |
| deposit interest | $585 | - | - | - | - | - | - | - | - | - | $585 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $73,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $737,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $97,000 | - | - | - | - | - | - | - | - | - | $97,000 |
| remaining balance payment | $42,000 | - | - | - | - | - | - | - | - | - | $42,000 |
| closing cost | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
| operating expense | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $84,000 |
| mortgage payment | $20,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $334,000 |
| total expense investment | $215,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $608,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$141,776 | $17,000 | $20,000 | $23,000 | $26,000 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $129,000 |
| cumulative roi | $32 | $48 | $62 | $73 | $84 | $94 | $103 | $112 | $121 | $129 | $857 |
75 James Condominiums
Address: Hamilton, Ontario
Price Range: $530,000 - $1,338,000
Avail. suites: 26
0—3.5 bd
345—1406 SqFt