28 Interchange Way 4310, Vaughan

$577,000
28 Interchange Way 4310

$577,000

New
9d
Condo Apartment1 Storey/Apt

28 Interchange Way 4310, Vaughan

Total Monthly Obligation $3,332

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
600-699
DOM
9d
Score
17
Yield
4.9%
Cash on Cash
-7.5%
Cap Rate
3.0%
5Y IRR
9.7%
10Y IRR
10.0%
Property Type-Condo Apartment
MLS® Number-N14033618
Beds-2
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 14, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-New
Taxes-$3,798.53 (2026)
Maintenance-$488.49/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-MKS REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Closing ASAP
Neighbourhood-Vaughan Corporate Centre
Title-Residential Condo & Other

No agent assigned

Welcome to 28 Interchange Way, Grand Festival Condos by Menkes! This brand-new, never-lived-in 2-bedroom, 2 bath suite on the 43rd floor offers a corner unit with South West-facing views of Vaughan, abundant natural light, a full-size balcony, and 9-foot ceilings. Enjoy over 70,000 sq. ft. of world-class amenities that make everyday living feel like a luxury getaway-from the spa-inspired indoor pool and fireplace lounge to music room, workstations, and so much more. Located just south of Hwy 7 and less than 5-minute walk to the VMC TTC subway station, IKEA, Assembly Park with outdoor pickleball courts, and future schools. Easy access to Hwy 7, Hwy 400 and Hwy 407, as well as VIVA and Züm transit, with the YMCA, Costco, Longo's, Mapletrí Supermarket, Starbucks, Walmart, HomeSense, Cineplex, and many more shops and services nearby. A truly special place to call home in downtown Vaughan

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

Closing Costs

Mortgage Amount
$461,600
Land Transfer Taxes$8,015
Legal Fees (Est.)
$
Total cash required for closing$124,915

Total Monthly Obligation

$3,332/mo
Mortgage $2,327
Monthly Loss $2,720
Principal$612
Interest$1,715
Property Tax$317
Condo Fees$488
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.5%16
10-Year IRR
8.0%
Returns Index
9.4/ 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
$28,248/yr
NOI
$13,363/yr
Net Cash Flow
-$1,214/mo
Cash Margin
-51.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
23.5/ 100

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

Comparables

Properties near 28 Interchange Way 4310

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.