950 Portage Parkway 5901, Vaughan

$409,000
950 Portage Parkway 5901

$409,000

New
29d
Condo ApartmentApartment

950 Portage Parkway 5901, Vaughan

Total Monthly Obligation $2,488

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
0
Sqft
500-599
DOM
29d
Score
19
Yield
5.6%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.3%
Property Type-Condo Apartment
MLS® Number-N13823828
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,381 (2025)
Maintenance-$439.7/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX PREMIER INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Vaughan Corporate Centre
Title-Residential Condo & Other

No agent assigned

Not many units in the building sit this high. From the 59th floor, the north-facing views are wide open and unobstructed, and the large private balcony lets you take it all in from outside - a real standout feature at this height. Inside, the layout works well for everyday living. The kitchen, dining, and living area form one large, open space, with floor-to-ceiling windows pulling natural light in throughout the day. A good-sized bathroom and enclosed den round things out, giving you flexible space for a home office or extra storage. You're in the heart of the Vaughan Metropolitan Centre, steps from the subway and right on top of transit connecting straight into the city, yet 59 floors up keeps you well above the noise. VMC continues to grow with new shops, restaurants, and offices arriving, plus quick access to Vaughan Mills, York University, and the highways. Book a showing and see the view for yourself.

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

Closing Costs

Mortgage Amount
$327,200
Land Transfer Taxes$4,655
Legal Fees (Est.)
$
Total cash required for closing$87,955

Total Monthly Obligation

$2,488/mo
Mortgage $1,650
Monthly Loss $2,054
Principal$434
Interest$1,216
Property Tax$198
Condo Fees$440
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.4%1
5-Year IRR
7.6%21
10-Year IRR
8.9%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$22,980/yr
NOI
$10,625/yr
Net Cash Flow
-$764/mo
Cash Margin
-39.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
30.1/ 100

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

Comparables

Properties near 950 Portage Parkway 5901

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.