7608 Yonge Street 116, Vaughan

$399,000
7608 Yonge Street 116

$399,000

New
19d
Condo ApartmentApartment

7608 Yonge Street 116, Vaughan

Total Monthly Obligation $2,476

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
19d
Score
22
Yield
6.7%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Condo Apartment
MLS® Number-N13860846
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 4, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,977.94 (2026)
Maintenance-$501.57/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 HERITAGE GROUP LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Crestwood-Springfarm-Yorkhill
Title-Residential Condo & Other

No agent assigned

Welcome to Minto Water Garden. A prestigious Boutique Residence on Yonge Street in the heart of Thornhill. A fabulous modern one bedroom thoughtfully designed suite with 9 ft ceilings in grey and white decor and a walkout to large terrace which offers fabulous indoor living space combined with outdoor entertaining space including ability to BBQ with an electric BBQ at an exceptional price point to enter the Fall Market. Enjoy luxury amenities including a fabulous Fitness Centre, Library, Media Room, Party Lounge with fireplace and bar, and Guest Suites to elevate the designated hotel vibe lifestyle Stylish, inviting, and perfectly located. Walk to schools, shopping , transit, parks and Community Centre. Look forward to upcoming transit for Yonge North Subway Extension on Yonge St. This is an incredible opportunity for first time buyers or investors looking for value and lifestyle.

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

Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,476/mo
Mortgage $1,609
Monthly Loss $2,052
Principal$424
Interest$1,186
Property Tax$165
Condo Fees$502
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.7%41
10-Year IRR
11.3%
Returns Index
21.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$26,832/yr
NOI
$13,752/yr
Net Cash Flow
-$463/mo
Cash Margin
-20.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
31.8/ 100

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

Comparables

Properties near 7608 Yonge Street 116

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.