Suite number:
3101 - Obsidian (A) PH
Project:
Address:
Hamilton, Ontario
Developer:
Emblem Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
921 sqft
Occupancy Date:
Nov 2026
Price, CAD
$935,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.04%
Cumulative Return on Investment in Year 5
104.37%
Property Price at the End of Year 5
$1,206,000
Deposit Schedule
$5,000 at Signing
Total up to 2.5% in 30 days
$23,400
2.5% in 90 days
$23,400
2.5% in 173 days
$23,400
2.5% in 385 days
$23,400
10% on Occupancy
$93,599
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 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $618,000 |
| rent income | - | $21,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $44,000 | $330,000 |
| mortgage principal reduction | - | $8,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $17,000 | $121,000 |
| deposit interest | $3,000 | $2,000 | - | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $52,000 | $106,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $125,000 | $131,000 | $138,000 | $1,098,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $70,000 | $117,000 | - | - | - | - | - | - | - | - | $187,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $56,000 | - | - | - | - | - | - | - | - | $56,000 |
| operating expense | - | $8,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $119,000 |
| mortgage payment | - | $31,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $406,000 |
| total expense investment | $70,000 | $212,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $61,000 | $62,000 | $62,000 | $768,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$18,501 | -$105,843 | $39,000 | $44,000 | $49,000 | $53,000 | $59,000 | $64,000 | $70,000 | $76,000 | $330,000 |
| cumulative roi | $74 | $54 | $72 | $89 | $104 | $119 | $134 | $148 | $163 | $178 | $1,000 |
The Design District Condos
Address: Hamilton, Ontario
Price Range: $479,000 - $951,000
Avail. suites: 78
0—3 bd
369—1012 SqFt