50 Upper Mall Way 1806, Vaughan

$419,000
50 Upper Mall Way 1806

$419,000

New
29d
Condo ApartmentApartment

50 Upper Mall Way 1806, Vaughan

Total Monthly Obligation $2,213

Beds
1
Baths
1
Park
0
Sqft
0-499
DOM
29d
Score
24
Yield
6.0%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.1%
Property Type-Condo Apartment
MLS® Number-N13821956
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Maintenance-$323.28/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Brownridge
Title-Residential Condo & Other

No agent assigned

Enjoy The Convenience Of Living At Promenade Park Towers, Ideally Located In The Heart Of Thornhill With Direct Indoor Access To Promenade Mall And The YRT Transit Hub. This Bright One-Bedroom Suite Features 9-Ft Ceilings, An Open And Functional Layout, And A Private Balcony With Beautiful West-Facing Sunset Views. The Modern Kitchen Is Equipped With Built-In Stainless Steel Appliances And Seamlessly Connects To The Living Space. Shops, Restaurants, Schools, Theatres, Parks And Everyday Essentials Are All Just Steps Away, While Highway 407 And Major Routes Are Nearby For Easy Commuting. Residents Enjoy Excellent Building Amenities Including A State-Of-The-Art Fitness Centre, Yoga Studio, Rooftop Terrace And 24-Hour Concierge. A Perfect Combination Of Comfort, Convenience And Urban Living In One Of Thornhill's Most Connected Communities.

$
$
%
%
$
$
$
(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

$2,213/mo
Mortgage $1,690
Monthly Loss $1,769
Principal$445
Interest$1,245
Condo Fees$323
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.4%3
5-Year IRR
12.2%51
10-Year IRR
12.3%
Returns Index
26.7/ 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
$25,080/yr
NOI
$16,293/yr
Net Cash Flow
-$332/mo
Cash Margin
-15.9%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
35.6/ 100

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

Comparables

Properties near 50 Upper Mall Way 1806

Time

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Data last updated within the past 24 hours.