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$699,900

The Design District Condos - 41 Wilson St - 1310_basalt - Hamilton, ON, L8R 1C6

MLS® # PB1218-1310_BASALT

2.5 Beds

2 Baths

822 sqft

Property Features:

  • Bedrooms: 2.5
  • Bathrooms: 2.0
  • Floor Space (approx): 822

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

86.8%

Cumulative Market Appreciation

$193,369

Net Operating Income in Year 5

$22,313

Cash on Cash Return in Year 5

-7.4%

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
%
$139,980
Mortgage Amount $559,920
Mortgage Payment
%
$2,905

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $2,392
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $897
Net Operating Income $1,494
Debt Service
Mortgage Payment $2,905
Net Cash Flow -$1,410

Acquistion Costs

Deposit $139,978
Land Transfer Tax $10,473
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $2
Total Acquisition Costs $166,953

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $12,497
Deposit @ 90 days $17,497
Deposit @ 400 days $17,497
Deposit @ 545 days $17,497
Due on Occupancy $34,995
Due on Occupancy $34,995
Total Deposit $139,978
Closing Date Dec 1, 2026

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $34,994$104,984 - - - - - - - -
Closing Costs - $26,975 - - - - - - - -
Mortgage Paydown - $2,858$8,849$9,274$9,720$10,187$10,677$11,190$11,728$12,291
Total $34,994$134,817$8,849$9,274$9,720$10,187$10,677$11,190$11,728$12,291
Cash Invested $34,994$169,811$178,660$187,935$197,655$207,842$218,519$229,710$241,438$253,730
Rental Cash Flows
Rent and other income - $9,568$29,115$30,367$31,673$33,035$34,455$35,937$37,482$39,094
Operating Expenses - -$3,589-$10,860-$11,139-$11,427-$11,723-$12,028-$12,342-$12,666-$12,999
Mortgage Payment - -$11,620-$34,862-$34,862-$34,862-$34,862-$34,862-$34,862-$34,862-$34,862
Net Cash Flow - -$5,642-$16,607-$15,634-$14,616-$13,550-$12,434-$11,267-$10,045-$8,767
Returns
Property Price Appreciation $34,995$36,744$38,581$40,511$42,536$44,663$46,896$49,241$51,703$54,288
Mortgage Paydown - $2,858$8,849$9,274$9,720$10,187$10,677$11,190$11,728$12,291
Net Cash Flow - -$5,642-$16,607-$15,634-$14,616-$13,550-$12,434-$11,267-$10,045-$8,767
Total Return $34,995$33,961$30,823$34,151$37,640$41,300$45,138$49,164$53,385$57,813
Cumulative Return $34,995$68,956$99,780$133,931$171,571$212,872$258,011$307,175$360,561$418,374
Investment Metrics
Cumulative ROI 100.0% 40.6% 55.8% 71.3% 86.8% 102.4% 118.1% 133.7% 149.3% 164.9%
Cash On Cash - -3.3% -9.3% -8.3% -7.4% -6.5% -5.7% -4.9% -4.2% -3.5%

Location of 1310_basalt-41 Wilson St, Hamilton, ON, L8R 1C6

Demographic Information of 1310_basalt-41 Wilson St, Hamilton, ON, L8R 1C6

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$101,786.25

Average Number of Children

1.81

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.65 %

High school certificate or equivalent

29.54 %

Apprenticeship trade certificate/diploma

4.19 %

College/non-university certificate

18.67 %

University certificate (below bachelor)

1.08 %

University Degree

22.87 %

Commuter

Travel To Work

By Car

69.83 %

By Public Transit

11.21 %

By Walking

14.81 %

By Bicycle

0.41 %

By Other Methods

3.74 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.94 %

Houses

36.06 %

Own Vs. Rent