8960 Jane Street 224, Vaughan

$898,000
8960 Jane Street 224

$898,000

New
22d
Condo ApartmentApartment

8960 Jane Street 224, Vaughan

Total Monthly Obligation $4,706

Beds
2
Baths
3
Park
1
Sqft
1000-1199
DOM
22d
Score
16
Yield
4.1%
Cash on Cash
-8.6%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Condo Apartment
MLS® Number-N13847436
Beds-2
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$883.79/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXPERTS
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA/Flexible
Neighbourhood-Vellore Village
Title-Residential Condo & Other

No agent assigned

Extremely rare and absolutely breathtaking corner unit offering 1,135 Sqft of beautifully designed interior living space plus a massive 677 Sqft wraparound terrace, for an impressive 1,812 Sqft of total indoor/outdoor living space! Exceptionally bright and private, with floor-to-ceiling windows and an incredible indoor/outdoor feel that truly lives more like a home than a condo. Enjoy beautiful views overlooking the future park being built, creating a stunning and open backdrop. Featuring 2 large bedrooms and 3 bathrooms with a highly desirable split-bedroom floor plan. The spacious primary retreat boasts two double closets and a spa-inspired ensuite with double sinks and a glass shower. Thoughtfully upgraded throughout with sleek black granite countertops, upgraded tile and hardware, plus stunning Calacatta polished porcelain in the primary ensuite and powder room, creating a sophisticated and cohesive modern finish. The large modern kitchen features top-of-the-line appliances, a centre island, ample cabinetry, and plenty of space for a full-size dining table. Additional highlights include a convenient powder room, spacious laundry room, and modern, chic selections throughout. Walk out to the spectacular wraparound terrace, perfect for relaxing, dining, and entertaining. Move-in ready and truly one of a kind! Residents enjoy an outstanding collection of lifestyle amenities, including a resort-style outdoor pool, fitness centre, sauna, rooftop lounge, theatre room, bocce court, games room, and 24-hour concierge. Conveniently located in the heart of Vaughan at Jane & Rutherford, just minutes to Vaughan Mills, TTC subway and transit, Cortellucci Vaughan Hospital, shopping, restaurants, entertainment, and Highways 400 & 407. Includes 1 parking space and 1 locker!

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$718,400
Land Transfer Taxes$14,435
Legal Fees (Est.)
$
Total cash required for closing$195,535

Total Monthly Obligation

$4,706/mo
Mortgage $3,622
Monthly Loss $3,753
Principal$953
Interest$2,669
Condo Fees$884
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.2%15
10-Year IRR
7.7%
Returns Index
8.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$36,780/yr
NOI
$20,097/yr
Net Cash Flow
-$1,948/mo
Cash Margin
-63.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
18.1/ 100

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

Comparables

Properties near 8960 Jane Street 224

Time

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