Suite number:
3114 - Gold (B) PH
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
493 sqft
Occupancy Date:
Nov 2026
Price, CAD
$593,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.51%
Cumulative Return on Investment in Year 5
86.25%
Property Price at the End of Year 5
$766,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$14,850
2.5% in 90 days
$14,850
2.5% in 173 days
$14,850
2.5% in 385 days
$14,850
10% on Occupancy
$59,399
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 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $392,000 |
| rent income | - | $5,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $81,000 |
| mortgage principal reduction | - | $5,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $77,000 |
| deposit interest | $2,000 | $1,000 | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $33,000 | $68,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $577,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $45,000 | $74,000 | - | - | - | - | - | - | - | - | $119,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $49,000 | - | - | - | - | - | - | - | - | $49,000 |
| operating expense | - | $4,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $58,000 |
| mortgage payment | - | $20,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $258,000 |
| total expense investment | $45,000 | $147,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $483,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$11,741 | -$79,015 | $14,000 | $16,000 | $19,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $94,000 |
| cumulative roi | $74 | $53 | $66 | $77 | $86 | $95 | $103 | $111 | $118 | $125 | $907 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $479,000 - $951,000
Avail. suites: 78
0—3 bd
369—1012 SqFt