1 Emerald Lane 704, Vaughan

$529,900
1 Emerald Lane 704

$529,900

New
23d
Condo ApartmentApartment

1 Emerald Lane 704, Vaughan

Total Monthly Obligation $3,615

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
23d
Score
17
Yield
6.5%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Condo Apartment
MLS® Number-N13844340
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,674.31 (2026)
Maintenance-$1,054.63/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-Crestwood-Springfarm-Yorkhill
Title-Residential Condo & Other

No agent assigned

Amazing value priced to sell fast for this bright and spacious corner suite of over 1,000 sq ft in the highly desirable Eiffel Towers building. This well-designed unit features 2 bedrooms, 2 bathrooms, and convenient ensuite laundry. The open-concept living and dining area is perfect for entertaining, while the galley kitchen offers space for cozy breakfast area. Hardwood flooring runs throughout. The large balcony provides a beautiful south-facing view. The primary bedroom has a huge walk-in closet and a 4-piece washroom. The unit includes one parking space and a locker. Residents enjoy a secure 24/7 gatehouse, an elegant lobby with soaring ceilings. This is a well-maintained building with excellent amenities, including a guest suite, outdoor pool, party room, games room with pool and ping-pong, meeting room, a gym and ample visitor parking. Ideally located close to shopping, places of worship, and public transit.

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

Closing Costs

Mortgage Amount
$423,920
Land Transfer Taxes$7,073
Legal Fees (Est.)
$
Total cash required for closing$114,553

Total Monthly Obligation

$3,615/mo
Mortgage $2,137
Monthly Loss $3,052
Principal$562
Interest$1,575
Property Tax$223
Condo Fees$1,055
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.5%21
10-Year IRR
8.9%
Returns Index
11.4/ 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
$34,548/yr
NOI
$13,363/yr
Net Cash Flow
-$1,024/mo
Cash Margin
-35.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
22.2/ 100

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

Comparables

Properties near 1 Emerald Lane 704

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.