Suite number:
616 - Seton Park
Project:
Address:
Toronto C13, Ontario
Developer:
DBS Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
753 sqft
Occupancy Date:
Jun 2025
$844,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.70%
Cumulative Return on Investment in Year 5
90.22%
Property Price at the End of Year 5
$1,088,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$42,245
2.5% in 120 days
$21,123
12.5% on Occupancy
$105,613
Net Gain (Loss)
Get Expert Advice
Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
property price appreciation | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $558,000 |
rent income | $9,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $249,000 |
mortgage principal reduction | $4,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $125,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $83,000 | $80,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $957,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $169,000 | - | - | - | - | - | - | - | - | - | $169,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $66,000 | - | - | - | - | - | - | - | - | - | $66,000 |
operating expense | $4,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $111,000 |
mortgage payment | $17,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $387,000 |
total expense investment | $256,000 | $51,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $54,000 | $54,000 | $54,000 | $732,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$173,449 | $28,000 | $32,000 | $36,000 | $39,000 | $44,000 | $48,000 | $52,000 | $57,000 | $62,000 | $225,000 |
cumulative roi | $30 | $48 | $64 | $77 | $90 | $102 | $114 | $125 | $136 | $148 | $935 |
Metro Park
Address: Toronto C13, Ontario
Price Range: $640,000 - $1,038,000
Avail. suites: 9
1—3 bd
478—965 SqFt