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$835,990

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

MLS® # PB1218-BASALT_A

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

81.8%

Cumulative Market Appreciation

$230,968

Net Operating Income in Year 5

$21,858

Cash on Cash Return in Year 5

-9.3%

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
%
$167,198
Mortgage Amount $668,792
Mortgage Payment
%
$3,470

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 $932
Net Operating Income $1,459
Debt Service
Mortgage Payment $3,470
Net Cash Flow -$2,010

Acquistion Costs

Deposit $167,194
Land Transfer Tax $13,194
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $4
Total Acquisition Costs $196,892

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $15,899
Deposit @ 90 days $20,899
Deposit @ 400 days $20,899
Deposit @ 545 days $20,899
Due on Occupancy $41,799
Due on Occupancy $41,799
Total Deposit $167,194
Closing Date Dec 1, 2026

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $41,798$125,396 - - - - - - - -
Closing Costs - $29,698 - - - - - - - -
Mortgage Paydown - $3,414$10,569$11,077$11,610$12,168$12,753$13,366$14,008$14,681
Total $41,798$158,508$10,569$11,077$11,610$12,168$12,753$13,366$14,008$14,681
Cash Invested $41,798$200,306$210,876$221,954$233,564$245,732$258,485$271,851$285,860$300,542
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 - -$3,729-$11,283-$11,571-$11,867-$12,172-$12,486-$12,809-$13,142-$13,485
Mortgage Payment - -$13,880-$41,640-$41,640-$41,640-$41,640-$41,640-$41,640-$41,640-$41,640
Net Cash Flow - -$8,041-$23,808-$22,844-$21,834-$20,777-$19,671-$18,512-$17,300-$16,031
Returns
Property Price Appreciation $41,799$43,889$46,083$48,388$50,807$53,347$56,015$58,816$61,756$64,844
Mortgage Paydown - $3,414$10,569$11,077$11,610$12,168$12,753$13,366$14,008$14,681
Net Cash Flow - -$8,041-$23,808-$22,844-$21,834-$20,777-$19,671-$18,512-$17,300-$16,031
Total Return $41,799$39,262$32,845$36,621$40,582$44,738$49,097$53,669$58,464$63,495
Cumulative Return $41,799$81,061$113,906$150,528$191,111$235,849$284,946$338,616$397,081$460,576
Investment Metrics
Cumulative ROI 100.0% 40.5% 54.0% 67.8% 81.8% 96.0% 110.2% 124.6% 138.9% 153.2%
Cash On Cash - -4.0% -11.3% -10.3% -9.3% -8.5% -7.6% -6.8% -6.1% -5.3%

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

Demographic Information of basalt_a-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