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$709,990

1107 Main - 1107 Main St W - 112_e703 - Hamilton, ON, L8S 1B8

MLS® # PB253-112_E703

2.0 Beds

2 Baths

705 sqft

112_E703 - 1107 Main by IN8 Developments

Property Features:

  • Bedrooms: 2.0
  • Bathrooms: 2.0
  • Floor Space (approx): 705

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

71.5%

Cumulative Market Appreciation

$196,157

Net Operating Income in Year 5

$5,882

Cash on Cash Return in Year 5

-15.8%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$
Mortgage Amount $567,992
Mortgage Payment
%
$2,947

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,114
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $766
Net Operating Income $348
Debt Service
Mortgage Payment $2,947
Net Cash Flow -$2,598

Acquistion Costs

Deposit $141,994
Land Transfer Tax $10,674
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $4
Total Acquisition Costs $169,172

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $30,499
Deposit @ 90 days $17,749
Deposit @ 180 days $17,749
Deposit @ 270 days $17,749
Deposit @ 365 days $17,749
Due on Occupancy $35,499
Total Deposit $141,994
Closing Date May 1, 2027

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $88,746$17,749$35,499 - - - - - - -
Closing Costs - - $27,178 - - - - - - -
Mortgage Paydown - - $5,845$9,118$9,556$10,015$10,497$11,001$11,530$12,084
Total $88,746$17,749$68,522$9,118$9,556$10,015$10,497$11,001$11,530$12,084
Cash Invested $88,746$106,495$175,017$184,135$193,692$203,708$214,205$225,207$236,737$248,822
Rental Cash Flows
Rent and other income - - $8,919$13,762$14,354$14,971$15,615$16,286$16,986$17,717
Operating Expenses - - -$6,128-$9,334-$9,549-$9,771-$9,998-$10,231-$10,470-$10,715
Mortgage Payment - - -$23,576-$35,364-$35,364-$35,364-$35,364-$35,364-$35,364-$35,364
Net Cash Flow - - -$20,785-$30,936-$30,560-$30,164-$29,748-$29,309-$28,848-$28,363
Returns
Property Price Appreciation $35,499$37,274$39,138$41,095$43,149$45,307$47,572$49,951$52,448$55,071
Mortgage Paydown - - $5,845$9,118$9,556$10,015$10,497$11,001$11,530$12,084
Net Cash Flow - - -$20,785-$30,936-$30,560-$30,164-$29,748-$29,309-$28,848-$28,363
Total Return $35,499$37,274$24,197$19,276$22,145$25,158$28,321$31,643$35,131$38,792
Cumulative Return $35,499$72,773$96,971$116,248$138,394$163,553$191,874$223,518$258,649$297,442
Investment Metrics
Cumulative ROI 40.0% 68.3% 55.4% 63.1% 71.5% 80.3% 89.6% 99.3% 109.3% 119.5%
Cash On Cash - - -11.9% -16.8% -15.8% -14.8% -13.9% -13.0% -12.2% -11.4%

Location of 112_e703-1107 Main St W, Hamilton, ON, L8S 1B8

Demographic Information of 112_e703-1107 Main St W, Hamilton, ON, L8S 1B8

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$93,104.04

Average Number of Children

1.75

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.44 %

High school certificate or equivalent

24.5 %

Apprenticeship trade certificate/diploma

2.48 %

College/non-university certificate

13.31 %

University certificate (below bachelor)

3.59 %

University Degree

45.68 %

Commuter

Travel To Work

By Car

73.21 %

By Public Transit

15.09 %

By Walking

9.0 %

By Bicycle

0.76 %

By Other Methods

1.94 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

67.33 %

Houses

32.67 %

Own Vs. Rent