1 Clark Avenue 612, Vaughan

$699,000
1 Clark Avenue 612

$699,000

New
23d
Condo ApartmentApartment

1 Clark Avenue 612, Vaughan

Total Monthly Obligation $4,522

Bed+Den
3+1
Baths
2
Park
1
Sqft
1200-1399
DOM
23d
Score
16
Yield
5.6%
Cash on Cash
-8.3%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.5%
Property Type-Condo Apartment
MLS® Number-N13844092
Bed+Den-3+1
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,554 (2025)
Maintenance-$1,206.51/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30/60 Days/TBA
Neighbourhood-Crestwood-Springfarm-Yorkhill
Title-Residential Condo & Other

No agent assigned

Welcome to one of Thornhill's most coveted buildings, The Skyrise at Yonge & Clark. Well known, well maintained & highly sought after for a reason - it truly has it all! With a spacious & functional layout for everyday living or entertaining, this updated 2 Bedroom, 2 Bath South facing unit provides unobstructed views and natural sunlight in every room! The renovated kitchen has stainless steel appliances, modern lighting, lots of cupboard space & overlooks the large living room. The Primary Suite offers a 4 piece ensuite complete with a soaker tub, separate shower and large His & Her closets. The private second bedroom enjoys its own 4 Piece Bathroom, Double Closet & Walk out to the Balcony for a peaceful retreat. In Suite laundry & its close proximity to the elevator adds to an easy lifestyle. Enjoy Resort Style Amenities: Indoor Pool, Gym, Sauna, Squash/Tennis/Pickleball Courts, Party Room, Games Room, Guest Suites, BBQ area, ample Visitor Parking & 24Hr Concierge. Newly renovated Lobby & Hallways display a well maintained building! Unbelievable Location: Close to Grocery, Restaurants, Salons, Pharmacy downstairs & steps to Transit (including future Clark Subway Stop!) providing excellent investment potential!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$4,522/mo
Mortgage $2,820
Monthly Loss $3,780
Principal$742
Interest$2,078
Property Tax$296
Condo Fees$1,207
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.5%0
5-Year IRR
6.1%15
10-Year IRR
7.8%
Returns Index
8.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$39,432/yr
NOI
$15,057/yr
Net Cash Flow
-$1,565/mo
Cash Margin
-47.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.5/ 100

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

Comparables

Properties near 1 Clark Avenue 612

Time

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