7373 Martingrove Road 223, Vaughan

$489,000
7373 Martingrove Road 223

$489,000

New
16d
Condo Apartment1 Storey/Apt

7373 Martingrove Road 223, Vaughan

Total Monthly Obligation $3,054

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
16d
Score
17
Yield
5.2%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-N13873520
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 7, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,411 (2025)
Maintenance-$680.79/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Vaughan Grove
Title-Residential Condo & Other

No agent assigned

Welcome to Villa Giardino, a well-maintained and sought-after seniors' community in the heart of Woodbridge. This sun-filled corner unit offers 765 sq. ft. of functional living space with 2 bedrooms and 1 bathroom, and a true abundance of natural light. Enjoy updated kitchen cabinets, parquet hardwood floors in the living room and both bedrooms, ensuite laundry, and a private balcony with an excellent view of the green space behind, offering complete privacy. California shutters and updated motorized bedroom shades included. Reasonable maintenance fees include all utilities: heat, water, and hydro. Convenient underground parking and a dedicated storage locker. The building is known for its landscaped courtyard, quiet and clean atmosphere, and a welcoming community with a great selection of activities for seniors. Close to transit, shopping, restaurants, community centres, and walking trails, with easy access to Highways 7, 400, and 407. A wonderful opportunity to enjoy the Villa Giardino lifestyle.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$391,200
Land Transfer Taxes$6,255
Legal Fees (Est.)
$
Total cash required for closing$105,555

Total Monthly Obligation

$3,054/mo
Mortgage $1,972
Monthly Loss $2,535
Principal$519
Interest$1,453
Property Tax$201
Condo Fees$681
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.0%0
5-Year IRR
5.6%13
10-Year IRR
7.4%
Returns Index
7.7/ 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
$25,500/yr
NOI
$9,970/yr
Net Cash Flow
-$1,142/mo
Cash Margin
-53.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
25.0/ 100

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

Comparables

Properties near 7373 Martingrove Road 223

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.