1000 Portage Parkway 1611, Vaughan

$550,000
1000 Portage Parkway 1611

$550,000

New
18d
Condo ApartmentApartment

1000 Portage Parkway 1611, Vaughan

Total Monthly Obligation $3,346

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
600-699
DOM
18d
Score
17
Yield
5.1%
Cash on Cash
-8.3%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.5%
Property Type-Condo Apartment
MLS® Number-N13864726
Beds-2
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,246 (2025)
Maintenance-$656.86/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-RE/MAX CROSSROADS REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-75/90
Neighbourhood-Vaughan Corporate Centre
Title-Residential Condo & Other

No agent assigned

Stunning 2-Bedroom Corner Unit at Transit City 4! Bright split-bedroom layout with floor-to-ceiling windows and breathtaking unobstructed northwest views, including seasonal fireworks from Canada's Wonderland. Located in the heart of VMC, just steps to the subway, Walmart, restaurants, and everyday essentials, with easy access to Hwy 400 & 407. Includes parking, a valuable feature in this highly sought-after community. Exceptional amenities include outdoor pool with cabanas, fitness centre, indoor running track, squash court & more. Perfect for young professionals, couples, or investors.

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

Closing Costs

Mortgage Amount
$440,000
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$3,346/mo
Mortgage $2,219
Monthly Loss $2,762
Principal$584
Interest$1,635
Property Tax$271
Condo Fees$657
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.7%0
5-Year IRR
5.9%14
10-Year IRR
7.6%
Returns Index
8.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$27,924/yr
NOI
$11,603/yr
Net Cash Flow
-$1,252/mo
Cash Margin
-53.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
23.2/ 100

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

Comparables

Properties near 1000 Portage Parkway 1611

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.