848 Seyton Drive 339, Bells Corners and South to Fallowfield

$295,000
848 Seyton Drive 339

$295,000

New
4d
Condo Apartment1 Storey/Apt

848 Seyton Drive 339, Bells Corners and South to Fallowfield

Total Monthly Obligation $2,537

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
4d
Score
19
Yield
8.9%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-X14100050
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 19, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Maintenance-$1,147/mo
Locker-Ensuite
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-REMAX BOARDWALK REALTY
Cooling-Other
Laundry-Yes
Fireplace-Living Room, Electric
Pool-None
Exterior-Brick, Other
Possession-TBD
Neighbourhood-7802 - Westcliffe Estates
Title-Residential Condo & Other

No agent assigned

Enjoy the ease of Life Lease living, designed exclusively for independent seniors 60+. This bright, move-in-ready 2-bedroom, 1.5-bath suite offers more than 900 sq. ft. of thoughtfully laid-out space. This is a corner unit with windows many large windows - it feels more like a home then an apartment! The kitchen opens to a sunny combined living and dining area, ideal for relaxing or hosting family. In-suite laundry and a dedicated storage unit add everyday convenience, and the suite will be freshly painted in the colour of your choosing before you move in. Harmer House was built with independent seniors in mind, offering a friendly, secure community with organized activities, planned outings, and shared dining, all while you enjoy the privacy of your own home. A single monthly fee includes heat, hydro, and property taxes, keeping budgeting simple. Small pets welcome and parking is available.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$236,000
Land Transfer Taxes$2,900
Legal Fees (Est.)
$
Total cash required for closing$63,400

Total Monthly Obligation

$2,537/mo
Mortgage $1,190
Monthly Loss $2,224
Principal$313
Interest$877
Condo Fees$1,147
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
8.0%23
10-Year IRR
9.6%
Returns Index
12.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$26,400/yr
NOI
$7,596/yr
Net Cash Flow
-$557/mo
Cash Margin
-25.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
29.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 848 Seyton Drive 339

Time

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