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$578,990

75 James Condominiums - 75 James St S - 813_1b_8 - Hamilton, ON, L8P 2Y9

MLS® # PB412-813_1B_8

1.0 Beds

1 Bath

610 sqft

Property Features:

  • Bedrooms: 1.0
  • Bathrooms: 1.0
  • Floor Space (approx): 610

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

53.3%

Cumulative Market Appreciation

$159,964

Net Operating Income in Year 5

$4,310

Cash on Cash Return in Year 5

-14.6%

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
%
$115,798
Mortgage Amount $463,192
Mortgage Payment
%
$2,403

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $816
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $560
Net Operating Income $255
Debt Service
Mortgage Payment $2,403
Net Cash Flow -$2,147

Acquistion Costs

Deposit $86,839
Land Transfer Tax $8,054
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $28,958
Total Acquisition Costs $140,352

Deposit Schedule

With the Offer $0
Deposit @ 30 days $5,789
Deposit @ 60 days $5,789
Deposit @ 90 days $5,789
Deposit @ 120 days $5,789
Deposit @ 150 days $5,789
Deposit @ 180 days $5,789
Deposit @ 210 days $5,789
Deposit @ 240 days $5,789
Deposit @ 270 days $28,949
Due on Occupancy $5,789
Total Deposit $86,839
Closing Date Mar 1, 2026

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $86,839 - - - - - - - - -
Closing Costs - $53,512 - - - - - - - -
Mortgage Paydown - $6,593$7,523$7,885$8,264$8,661$9,077$9,514$9,971$10,450
Total $86,839$60,105$7,523$7,885$8,264$8,661$9,077$9,514$9,971$10,450
Cash Invested $86,839$146,945$154,468$162,354$170,618$179,279$188,357$197,871$207,843$218,293
Rental Cash Flows
Rent and other income - $8,979$10,182$10,620$11,076$11,553$12,050$12,568$13,108$13,672
Operating Expenses - -$6,167-$6,870-$7,029-$7,192-$7,359-$7,530-$7,707-$7,887-$8,073
Mortgage Payment - -$26,436-$28,839-$28,839-$28,839-$28,839-$28,839-$28,839-$28,839-$28,839
Net Cash Flow - -$23,623-$25,527-$25,248-$24,954-$24,645-$24,320-$23,978-$23,618-$23,240
Returns
Property Price Appreciation $28,949$30,396$31,916$33,512$35,188$36,947$38,795$40,734$42,771$44,910
Mortgage Paydown - $6,593$7,523$7,885$8,264$8,661$9,077$9,514$9,971$10,450
Net Cash Flow - -$23,623-$25,527-$25,248-$24,954-$24,645-$24,320-$23,978-$23,618-$23,240
Total Return $28,949$13,366$13,913$16,149$18,497$20,963$23,552$26,270$29,124$32,120
Cumulative Return $28,949$42,316$56,229$72,378$90,876$111,839$135,392$161,662$190,786$222,906
Investment Metrics
Cumulative ROI 33.3% 28.8% 36.4% 44.6% 53.3% 62.4% 71.9% 81.7% 91.8% 102.1%
Cash On Cash - -16.1% -16.5% -15.6% -14.6% -13.7% -12.9% -12.1% -11.4% -10.6%

Location of 813_1b_8-75 James St S, Hamilton, ON, L8P 2Y9

Demographic Information of 813_1b_8-75 James St S, Hamilton, ON, L8P 2Y9

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$73,201.28

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.13 %

High school certificate or equivalent

24.75 %

Apprenticeship trade certificate/diploma

5.1 %

College/non-university certificate

19.47 %

University certificate (below bachelor)

2.04 %

University Degree

31.51 %

Commuter

Travel To Work

By Car

49.2 %

By Public Transit

29.59 %

By Walking

14.87 %

By Bicycle

0.89 %

By Other Methods

5.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

93.7 %

Houses

6.3 %

Own Vs. Rent