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$650,990

Radio Arts - 206 King St W - producer - Hamilton, ON, L8P 1A5

MLS® # PB305-PRODUCER

1.0 Beds

1 Bath

552 sqft

Property Features:

  • Bedrooms: 1.0
  • Bathrooms: 1.0
  • Floor Space (approx): 552

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

42.8%

Cumulative Market Appreciation

$179,856

Net Operating Income in Year 5

$2,915

Cash on Cash Return in Year 5

-15.2%

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 $520,792
Mortgage Payment
%
$2,702

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $738
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $583
Net Operating Income $155
Debt Service
Mortgage Payment $2,702
Net Cash Flow -$2,546

Acquistion Costs

Deposit $81,372
Land Transfer Tax $9,494
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $48,826
Total Acquisition Costs $156,192

Deposit Schedule

With the Offer $5,500
Deposit @ 120 days $27,049
Deposit @ 0 days $16,274
Due on Occupancy $32,549
Total Deposit $81,372
Closing Date Jul 1, 2025

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $81,372 - - - - - - - - -
Closing Costs $74,820 - - - - - - - - -
Mortgage Paydown $4,003$8,295$8,694$9,111$9,549$10,008$10,490$10,994$11,522$12,076
Total $160,195$8,295$8,694$9,111$9,549$10,008$10,490$10,994$11,522$12,076
Cash Invested $160,195$168,491$177,185$186,297$195,847$205,856$216,346$227,340$238,863$250,939
Rental Cash Flows
Rent and other income $4,432$9,055$9,444$9,850$10,274$10,716$11,177$11,657$12,158$12,681
Operating Expenses -$3,499-$7,077-$7,238-$7,403-$7,571-$7,745-$7,922-$8,104-$8,291-$8,483
Mortgage Payment -$16,213-$32,426-$32,426-$32,426-$32,426-$32,426-$32,426-$32,426-$32,426-$32,426
Net Cash Flow -$15,279-$30,448-$30,219-$29,978-$29,723-$29,454-$29,171-$28,873-$28,558-$28,227
Returns
Property Price Appreciation $32,549$34,176$35,885$37,680$39,564$41,542$43,619$45,800$48,090$50,494
Mortgage Paydown $4,003$8,295$8,694$9,111$9,549$10,008$10,490$10,994$11,522$12,076
Net Cash Flow -$15,279-$30,448-$30,219-$29,978-$29,723-$29,454-$29,171-$28,873-$28,558-$28,227
Total Return $21,273$12,024$14,360$16,813$19,390$22,096$24,937$27,921$31,054$34,344
Cumulative Return $21,273$33,297$47,658$64,471$83,862$105,958$130,896$158,818$189,872$224,216
Investment Metrics
Cumulative ROI 13.3% 19.8% 26.9% 34.6% 42.8% 51.5% 60.5% 69.9% 79.5% 89.4%
Cash On Cash -9.5% -18.1% -17.1% -16.1% -15.2% -14.3% -13.5% -12.7% -12.0% -11.2%

Location of producer-206 King St W, Hamilton, ON, L8P 1A5

Demographic Information of producer-206 King St W, Hamilton, ON, L8P 1A5

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$87,703.66

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.51 %

High school certificate or equivalent

27.86 %

Apprenticeship trade certificate/diploma

5.14 %

College/non-university certificate

21.07 %

University certificate (below bachelor)

0.58 %

University Degree

21.82 %

Commuter

Travel To Work

By Car

60.2 %

By Public Transit

20.32 %

By Walking

15.39 %

By Bicycle

1.94 %

By Other Methods

2.15 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

77.65 %

Houses

22.35 %

Own Vs. Rent