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$547,900

Corktown Condos - 225 John St S unit 12c - 1207_1b_s_04 - Hamilton, ON, L8N 2C7

MLS® # PB417-1207_1B_S_04

1.5 Beds

1 Bath

519 sqft

Property Features:

  • Bedrooms: 1.5
  • Bathrooms: 1.0
  • Floor Space (approx): 519

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

91.5%

Cumulative Market Appreciation

$151,374

Net Operating Income in Year 5

$13,209

Cash on Cash Return in Year 5

-11.1%

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 $438,320
Mortgage Payment
%
$2,274

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,510
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $634
Net Operating Income $876
Debt Service
Mortgage Payment $2,274
Net Cash Flow -$1,398

Acquistion Costs

Deposit $109,578
Land Transfer Tax $7,433
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $2
Total Acquisition Costs $133,513

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $22,395
Deposit @ 90 days $13,697
Deposit @ 150 days $13,697
Deposit @ 720 days $13,697
Deposit @ 1095 days $13,697
Due on Occupancy $27,395
Total Deposit $109,578
Closing Date Mar 1, 2028

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $54,789$13,697 - $41,092 - - - - - -
Closing Costs - - - $23,935 - - - - - -
Mortgage Paydown - - - $5,660$7,091$7,432$7,789$8,164$8,556$8,968
Total $54,789$13,697$0$70,687$7,091$7,432$7,789$8,164$8,556$8,968
Cash Invested $54,789$68,486$68,486$139,173$146,265$153,698$161,488$169,652$178,209$187,177
Rental Cash Flows
Rent and other income - - - $15,102$18,772$19,580$20,422$21,300$22,216$23,171
Operating Expenses - - - -$6,342-$7,769-$7,965-$8,166-$8,373-$8,586-$8,805
Mortgage Payment - - - -$22,742-$27,291-$27,291-$27,291-$27,291-$27,291-$27,291
Net Cash Flow - - - -$13,982-$16,288-$15,676-$15,035-$14,364-$13,661-$12,925
Returns
Property Price Appreciation $27,395$28,764$30,202$31,713$33,298$34,963$36,711$38,547$40,474$42,498
Mortgage Paydown - - - $5,660$7,091$7,432$7,789$8,164$8,556$8,968
Net Cash Flow - - - -$13,982-$16,288-$15,676-$15,035-$14,364-$13,661-$12,925
Total Return $27,395$28,764$30,202$23,391$24,102$26,720$29,466$32,347$35,370$38,541
Cumulative Return $27,395$56,159$86,362$109,754$133,857$160,577$190,043$222,391$257,761$296,302
Investment Metrics
Cumulative ROI 50.0% 82.0% 126.1% 78.9% 91.5% 104.5% 117.7% 131.1% 144.6% 158.3%
Cash On Cash - - - -10.0% -11.1% -10.2% -9.3% -8.5% -7.7% -6.9%

Location of 1207_1b_s_04-225 John St S unit 12c, Hamilton, ON, L8N 2C7

Demographic Information of 1207_1b_s_04-225 John St S unit 12c, Hamilton, ON, L8N 2C7

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$88,954.95

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.96 %

High school certificate or equivalent

28.22 %

Apprenticeship trade certificate/diploma

4.3 %

College/non-university certificate

20.33 %

University certificate (below bachelor)

0.7 %

University Degree

26.49 %

Commuter

Travel To Work

By Car

55.2 %

By Public Transit

25.19 %

By Walking

14.86 %

By Bicycle

0.49 %

By Other Methods

4.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

86.6 %

Houses

13.4 %

Own Vs. Rent