Suite number:
3116 - Iron (B) PH
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
369 sqft
Occupancy Date:
Nov 2026
Price, CAD
$494,990
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
16.58%
Cumulative Return on Investment in Year 5
83.36%
Property Price at the End of Year 5
$638,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$12,375
2.5% in 90 days
$12,375
2.5% in 173 days
$12,375
2.5% in 385 days
$12,375
10% on Occupancy
$49,499
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 | $26,000 | $27,000 | $28,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $327,000 |
| rent income | - | $3,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $46,000 |
| mortgage principal reduction | - | $4,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $64,000 |
| deposit interest | $1,000 | $1,000 | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $27,000 | $59,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $463,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $37,000 | $62,000 | - | - | - | - | - | - | - | - | $99,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $47,000 | - | - | - | - | - | - | - | - | $47,000 |
| operating expense | - | $3,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $43,000 |
| mortgage payment | - | $17,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $215,000 |
| total expense investment | $37,000 | $128,000 | $29,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $404,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$9,784 | -$69,094 | $10,000 | $12,000 | $14,000 | $16,000 | $18,000 | $20,000 | $23,000 | $25,000 | $59,000 |
| cumulative roi | $74 | $53 | $65 | $75 | $83 | $91 | $98 | $105 | $112 | $118 | $874 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $479,000 - $951,000
Avail. suites: 78
0—3 bd
369—1012 SqFt