850 Steeles Avenue W 205, Vaughan

$558,000
850 Steeles Avenue W 205

$558,000

Price Change
43d
Condo ApartmentApartment

850 Steeles Avenue W 205, Vaughan

Total Monthly Obligation $3,740

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
1200-1399
DOM
43d
Score
20
Yield
7.2%
Cash on Cash
-2.0%
Cap Rate
4.1%
5Y IRR
14.0%
10Y IRR
13.3%
Property Type-Condo Apartment
MLS® Number-N13767502
Bed+Den-3+1
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 10, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,865 (2025)
Maintenance-$1,050.57/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Inmed
Neighbourhood-Lakeview Estates
Title-Residential Condo & Other

No agent assigned

Exceptional 2-bedroom corner suite in the prestigious Tridel-built 'Plaza Del Sol'. Spanning approximately 1,235 sq. ft., move-in-ready residence with beautiful ammenities. Maint Fees include HEAT-HYDRO-A/C-WATER,PKG, etc. Big Corner unit in pristine move in ready condition, with eat in kitchen, living and dining area. Upgraded Kitchen, renovated with top of the line stainless steel appliances. Bright den/solarium, ideal for a dedicated home office, plus 2 balconies. Oversized master bedroom complete with a private on-suite bathroom. Hardwood flooring. Building Amenities & Security include 24-hour gatehouse security for complete peace of mind. Full recreational facilities including an indoor swimming pool, gym, and party room.Unbeatable Location. Situated on the Bathurst & Steeles, shopping, supermarkets, banks, schools, Transit. Effortless commuting with direct access to TTC and YRT transit lines, and just a short ride to Finch and to Pioneer Village Subway Station.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$446,400
Land Transfer Taxes$7,635
Legal Fees (Est.)
$
Total cash required for closing$120,735

Total Monthly Obligation

$3,740/mo
Mortgage $2,251
Monthly Loss $3,148
Principal$592
Interest$1,659
Property Tax$239
Condo Fees$1,051
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.4%38
10-Year IRR
11.1%
Returns Index
19.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$40,440/yr
NOI
$18,524/yr
Net Cash Flow
-$707/mo
Cash Margin
-21.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.699
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
23.0/ 100

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

Comparables

Properties near 850 Steeles Avenue W 205

Time

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