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$678,900

1.5 Beds

2 Baths

639 sqft

Corktown Condos - 2211_1b_d_12
225 John St S unit 12c

Hamilton ON, L8N 2C7

MLS® # PB1118-2211_1B_D_12

Property Features:

  • Bedrooms: 1.5
  • Bathrooms: 2.0
  • Floor Space (approx): 639

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

89.5%

Cumulative Market Appreciation

$187,567

Net Operating Income in Year 5

$16,243

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
%
$135,780
Mortgage Amount $543,120
Mortgage Payment
%
$2,818

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,859
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $782
Net Operating Income $1,077
Debt Service
Mortgage Payment $2,818
Net Cash Flow -$1,740

Acquistion Costs

Deposit $135,778
Land Transfer Tax $10,053
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $2
Total Acquisition Costs $162,333

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $28,945
Deposit @ 90 days $16,972
Deposit @ 150 days $16,972
Deposit @ 720 days $16,972
Deposit @ 1095 days $16,972
Due on Occupancy $33,945
Total Deposit $135,778
Closing Date Mar 1, 2028

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $67,889$16,972$33,945$16,972 - - - - - -
Closing Costs - - $26,555 - - - - - - -
Mortgage Paydown - - $1,380$8,516$8,926$9,355$9,804$10,275$10,769$11,287
Total $67,889$16,972$61,880$25,488$8,926$9,355$9,804$10,275$10,769$11,287
Cash Invested $67,889$84,861$146,741$172,230$181,156$190,511$200,316$210,592$221,362$232,650
Rental Cash Flows
Rent and other income - - $3,718$22,473$23,440$24,448$25,499$26,595$27,739$28,932
Operating Expenses - - -$1,564-$9,428-$9,665-$9,908-$10,158-$10,416-$10,681-$10,954
Mortgage Payment - - -$5,636-$33,816-$33,816-$33,816-$33,816-$33,816-$33,816-$33,816
Net Cash Flow - - -$3,481-$20,770-$20,041-$19,276-$18,475-$17,636-$16,758-$15,838
Returns
Property Price Appreciation $33,945$35,642$37,424$39,295$41,260$43,323$45,489$47,764$50,152$52,659
Mortgage Paydown - - $1,380$8,516$8,926$9,355$9,804$10,275$10,769$11,287
Net Cash Flow - - -$3,481-$20,770-$20,041-$19,276-$18,475-$17,636-$16,758-$15,838
Total Return $33,945$35,642$35,323$27,041$30,145$33,401$36,818$40,403$44,163$48,109
Cumulative Return $33,945$69,587$104,910$131,952$162,097$195,499$232,318$272,721$316,885$364,994
Investment Metrics
Cumulative ROI 50.0% 82.0% 71.5% 76.6% 89.5% 102.6% 116.0% 129.5% 143.2% 156.9%
Cash On Cash - - -2.4% -12.1% -11.1% -10.1% -9.2% -8.4% -7.6% -6.8%

Location of 2211_1b_d_12-225 John St S unit 12c, Hamilton, ON, L8N 2C7

Demographic Information of 2211_1b_d_12-225 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