195 Commerce Street 1003, Vaughan

$459,900
195 Commerce Street 1003

$459,900

New
22d
Condo ApartmentApartment

195 Commerce Street 1003, Vaughan

Total Monthly Obligation $2,599

Beds
2
Baths
2
Park
0
Sqft
600-699
DOM
22d
Score
23
Yield
6.5%
Cash on Cash
1.0%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.3%
Property Type-Condo Apartment
MLS® Number-N13848470
Beds-2
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Maintenance-$544.16/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-ASAP
Neighbourhood-Vaughan Corporate Centre
Title-Residential Condo & Other

No agent assigned

Experience modern living in this 2-bedroom 2 bathrooms condo in Vaughan Metropolitan Centre. With a bright, open-concept layout and floor-to-ceiling windows, natural light foods the space, creating a warm, inviting vibe. Step out onto the spacious balcony for stunning, unobstructed views ideal for relaxing or entertaining. Located steps from Vaughan Metropolitan Subway Station, this home offers unbeatable convenience. Be among the first to enjoy a master-planned community with 70,000 sqft of amenities, including a swimming pool, basketball court, soccer field, kids' playroom, music studio, farmers' market, and more. Minutes away, you'll find exceptional shopping and entertainment options like IKEA, Costco, Walmart, Cineplex, YMCA, and a variety of restaurants. Don't miss this incredible opportunity to live in the heart of it all.

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

Closing Costs

Mortgage Amount
$367,920
Land Transfer Taxes$5,673
Legal Fees (Est.)
$
Total cash required for closing$99,153

Total Monthly Obligation

$2,599/mo
Mortgage $1,855
Monthly Loss $2,111
Principal$488
Interest$1,367
Condo Fees$544
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.5%53
10-Year IRR
12.6%
Returns Index
27.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$30,084/yr
NOI
$18,146/yr
Net Cash Flow
-$343/mo
Cash Margin
-13.7%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
32.1/ 100

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

Comparables

Properties near 195 Commerce Street 1003

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.