11 Townsgate Drive 401, Vaughan

$750,000
11 Townsgate Drive 401

$750,000

New
17d
Condo ApartmentApartment

11 Townsgate Drive 401, Vaughan

Total Monthly Obligation $4,511

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
17d
Score
15
Yield
4.7%
Cash on Cash
-10.3%
Cap Rate
2.4%
5Y IRR
7.5%
10Y IRR
8.4%
Property Type-Condo Apartment
MLS® Number-N13867514
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,990.6 (2026)
Maintenance-$1,036.55/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-NORTH 2 SOUTH REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Crestwood-Springfarm-Yorkhill
Title-Residential Condo & Other

No agent assigned

Absolutely Stunning Fully Renovated Luxury Condo With Top-To-Bottom Professional Design And High-End Custom Finishes Including Elegant Crown Mouldings, Detailed Wainscotings, Waterproof Herringbone Vinyl Flooring, Brand New Modern Baseboards, A Lot Of Pot Lights, Smooth Ceilings, And Stylish Interior Doors. This Gorgeous 2 Bedroom, 2 Bathroom Suite Features A High-Quality Modern Kitchen With Quartz Countertops, Quartz Backsplash, Breakfast Island, And Stainless Steel Appliances Including LG Fridge, Slide-In Stove, Over-The-Range Microwave, Dishwasher, Plus White Samsung Washer And Dryer. Both Bedrooms Offer Custom Closet Organizers And Beautiful Window Treatments With Custom Curtains. Comes With One Parking Spot And One Locker In A Highly Sought-After Building At Bathurst And Steeles, Steps To Parks, Shops, Restaurants, Cafes, And Transit. Building Amenities Are Exceptional, Featuring 24-Hour Concierge, Indoor Pool, Hot Tub, Sauna, Fitness Centre, Billiards Room, Squash And Basketball Courts, Pickleball, Library, Indoor Summer Garden, Scenic Walking Trails, Charming Gazebos, And Ample Visitor Parking. Truly Move-In Ready, Modern, And Designed To Impress Even The Most Selective Buyers

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

Closing Costs

Mortgage Amount
$600,000
Land Transfer Taxes$11,475
Legal Fees (Est.)
$
Total cash required for closing$162,975

Total Monthly Obligation

$4,511/mo
Mortgage $3,025
Monthly Loss $3,715
Principal$796
Interest$2,229
Property Tax$249
Condo Fees$1,037
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.1%0
5-Year IRR
4.8%10
10-Year IRR
6.8%
Returns Index
6.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$34,920/yr
NOI
$13,599/yr
Net Cash Flow
-$1,892/mo
Cash Margin
-65.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo34
Risk Index
18.3/ 100

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

Comparables

Properties near 11 Townsgate Drive 401

Time

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