2 Maison Parc Court 115, Vaughan

$568,800
2 Maison Parc Court 115

$568,800

New
22d
Condo ApartmentApartment

2 Maison Parc Court 115, Vaughan

Total Monthly Obligation $3,211

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
22d
Score
18
Yield
5.0%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Condo Apartment
MLS® Number-N13847710
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,124.79 (2025)
Maintenance-$540.05/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMETRADE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Stone
Possession-flex
Neighbourhood-Lakeview Estates
Title-Residential Condo & Other

No agent assigned

Beautifully renovated and exceptionally spacious 1-bedroom ground-floor residence in a highly sought-after Steeles & Dufferin community. Ground-floor convenience with no elevator required. This elegant suite features impressive 12-ft ceilings, new laminate flooring, crown mouldings, upgraded lighting, a custom bedroom closet, new washer. Stunning renovated bathroom finished with a premium Schluter KERDI-Board waterproofing system. Enjoy a large private patio, 1 parking space, and 1 locker conveniently located near the entrance. Well-managed building with fitness centre, pool, sauna, and hot tub. Steps to shopping, transit, and everyday amenities, with easy access to Finch Subway.

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

Closing Costs

Mortgage Amount
$455,040
Land Transfer Taxes$7,851
Legal Fees (Est.)
$
Total cash required for closing$123,111

Total Monthly Obligation

$3,211/mo
Mortgage $2,294
Monthly Loss $2,608
Principal$604
Interest$1,691
Property Tax$177
Condo Fees$540
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.3%20
10-Year IRR
8.6%
Returns Index
11.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$28,272/yr
NOI
$14,439/yr
Net Cash Flow
-$1,091/mo
Cash Margin
-46.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
24.5/ 100

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

Comparables

Properties near 2 Maison Parc Court 115

Time

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Data last updated within the past 24 hours.