50 Upper Mall Way 428, Vaughan

$419,000
50 Upper Mall Way 428

$419,000

New
7d
Condo ApartmentApartment

50 Upper Mall Way 428, Vaughan

Total Monthly Obligation $2,230

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
0-499
DOM
7d
Score
24
Yield
6.1%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Condo Apartment
MLS® Number-N14086670
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Maintenance-$339.79/mo
Locker-None
Parking-Underground
Basement-None
Heating-Fan Coil (Electric)
Brokerage-ELITE CAPITAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Metal/Steel Siding
Possession-Immediate
Neighbourhood-Brownridge
Title-Residential Condo & Other

No agent assigned

Welcome To Promenade Towers In The Heart Of Thornhill-Vaughan! This Bright And Spacious 1-Bedroom, 1-Bathroom Condo Offers A Functional Open-Concept Layout With 9-Ft Ceilings, Modern Finishes, And Plenty Of Natural Light Throughout. One Of The Rare Units In The Building With Direct Indoor Access To The Newly Connected Promenade Shopping Centre, Allowing Residents To Enjoy Shopping, Dining, And Everyday Conveniences Without Stepping Outside. The Kitchen Features A Centre Island, An Added Bonus Not Found In Many Units, Along With A Seamless Flow Into The Living And Dining Area, Perfect For Everyday Living And Entertaining. High-End Shades And Blinds Provide Added Style, Comfort, And Privacy. Enjoy Unmatched Convenience With Promenade Shopping Centre, T&T Supermarket, FreshCo, M&M Food Market, Banks, Restaurants, Services, And Transit All Steps Away. Central YRT Bus Terminal Is Right Next Door, With Easy Connections To TTC And Finch Station Just A Short Drive Away. A Fantastic Opportunity To Live In One Of Thornhill-Vaughan's Most Connected And Convenient Communities.

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

Closing Costs

Mortgage Amount
$335,200
Land Transfer Taxes$4,855
Legal Fees (Est.)
$
Total cash required for closing$90,155

Total Monthly Obligation

$2,230/mo
Mortgage $1,690
Monthly Loss $1,785
Principal$445
Interest$1,245
Condo Fees$340
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.3%3
5-Year IRR
12.3%52
10-Year IRR
12.4%
Returns Index
27.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$25,452/yr
NOI
$16,429/yr
Net Cash Flow
-$321/mo
Cash Margin
-15.1%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
35.5/ 100

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

Comparables

Properties near 50 Upper Mall Way 428

Time

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Data last updated within the past 24 hours.