10 Abeja Street 1516, Vaughan

$498,888
10 Abeja Street 1516

$498,888

New
17d
Condo ApartmentApartment

10 Abeja Street 1516, Vaughan

Total Monthly Obligation $2,802

Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
17d
Score
20
Yield
5.5%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Condo Apartment
MLS® Number-N13866564
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Maintenance-$589.72/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Immediate
Neighbourhood-Concord
Title-Residential Condo & Other

No agent assigned

An outstanding opportunity for first-time buyers, professionals, investors or anyone looking for space, convenience and exceptional value in Vaughan! Welcome to Abeja District Condos! Spacious 1+Den, 2 Full Baths, Parking & Locker included. A generous layout with a large separate den that can easily function as a home office, guest room or additional living space. Sophisticated finishes throughout including wood flooring, pot lights, roller mesh blinds, mirrored closet doors and spa-inspired bathrooms with a deep soaker tub. Enjoy the convenience of having an impressive range of amenities right in your building, including 24 hr concierge, theatre, fitness centre, yoga room, wellness spa, resident lounge, party room, conference /work hub, artist studio and outdoor terraces! Steps from Vaughan Mills Shopping centre, close to Cortellucci Hospital, Canada's Wonderland, Shopping, restaurants, plazas, public transit and easy access to Highway 400 & 407.

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

Closing Costs

Mortgage Amount
$399,110
Land Transfer Taxes$6,453
Legal Fees (Est.)
$
Total cash required for closing$107,731

Total Monthly Obligation

$2,802/mo
Mortgage $2,012
Monthly Loss $2,273
Principal$530
Interest$1,483
Condo Fees$590
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.4%1
5-Year IRR
9.1%30
10-Year IRR
10.0%
Returns Index
16.0/ 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
$27,360/yr
NOI
$15,147/yr
Net Cash Flow
-$750/mo
Cash Margin
-32.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
28.1/ 100

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

Comparables

Properties near 10 Abeja Street 1516

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.