Suite number:
307 - Amplitude
Project:
Address:
Hamilton, Ontario
Developer:
Canlight Realty Corp.
Property type:
condo
Floor plan:
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
15.54%
Cumulative Return on Investment in Year 5
79.09%
Property Price at the End of Year 5
$692,000
Deposit Schedule
$5,500 at Signing
Total up to 2.5% in 10 days
$13,425
10% on Occupancy
$53,699
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 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $63,000 |
| mortgage principal reduction | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $82,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $63,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $523,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
| remaining balance payment | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
| closing cost | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
| operating expense | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $59,000 |
| mortgage payment | $25,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $267,000 |
| total expense investment | $171,000 | $32,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $467,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$108,596 | $9,000 | $11,000 | $13,000 | $16,000 | $18,000 | $20,000 | $23,000 | $26,000 | $28,000 | $56,000 |
| cumulative roi | $35 | $49 | $61 | $70 | $79 | $87 | $94 | $101 | $108 | $114 | $800 |
Radio Arts
Address: Hamilton, Ontario
Price Range: $477,000 - $721,000
Avail. suites: 29
0—3 bd
363—1020 SqFt