27 Korda Gate 2303, Vaughan

$659,900
27 Korda Gate 2303

$659,900

New
23d
Common Element CondoApartment

27 Korda Gate 2303, Vaughan

Total Monthly Obligation $3,610

Beds
2
Baths
3
Park
1
Sqft
900-999
DOM
23d
Score
20
Yield
5.7%
Cash on Cash
-2.5%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Common Element Condo
MLS® Number-N13845292
Beds-2
Bathrooms-3
Size-900-999 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Common Element Condo
Age-New
Maintenance-$747.75/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-METROPARK REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Other
Roof-Unknown
Foundation-Poured Concrete, Steel Frame
Possession-Immediate
Neighbourhood-Vellore Village
Title-Residential Condo & Other

No agent assigned

Welcome to the 5th at Charisma. Price is Exclusive of HST. This Brand New C970 Corner Model, 2 Bed + 2.5 Baths is Perfectly Located Right Next to Vaughan Mills Mall! This Luxuriously Finished & Perfectly Located Building is Built by Greenpark and Offered for Sale Directly from the Builder. This Floorplan Features 970 Sq. Ft. of Well-Designed Interior Space + 149 Sq. Ft. Balcony. W/Floor to Ceiling Windows for Max Light. Open Concept Kitchen with Large Centre Island & S/S Appliances. Building Features Outdoor Pool, Gym, 24 Hour Concierge, Party Room, Theatre + Much More. Enjoy Additional Commercial Amenities on Ground Level of Building. Steps to Transit, Shopping, Dining and Minutes from both Hwy 400 and Hwy 407.

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

Closing Costs

Mortgage Amount
$527,920
Land Transfer Taxes$9,673
Legal Fees (Est.)
$
Total cash required for closing$143,153

Total Monthly Obligation

$3,610/mo
Mortgage $2,662
Monthly Loss $2,909
Principal$700
Interest$1,961
Condo Fees$748
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.3%37
10-Year IRR
10.9%
Returns Index
19.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$37,320/yr
NOI
$22,215/yr
Net Cash Flow
-$811/mo
Cash Margin
-26.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
23.7/ 100

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

Comparables

Properties near 27 Korda Gate 2303

Time

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Data last updated within the past 24 hours.