8960 Jane Street 1603, Vaughan

$668,000
8960 Jane Street 1603

$668,000

New
21d
Condo ApartmentApartment

8960 Jane Street 1603, Vaughan

Total Monthly Obligation $3,801

Beds
2
Baths
3
Park
1
Sqft
800-899
DOM
21d
Score
17
Yield
5.2%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-N13857112
Beds-2
Bathrooms-3
Size-800-899 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,400 (2025)
Maintenance-$706.24/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS TORONTO CITY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-Vellore Village
Title-Residential Condo & Other

No agent assigned

Welcome to this 2-bedroom, 2.5-bath condo at Charisma North Tower at 8960 Jane St. offering 870 sq.ft. of thoughtfully designed living space with soaring 9-ft ceilings and a spacious private balcony, this unit combines comfort, style, and convenience. The open-concept layout features a modern kitchen with quartz countertops, stainless steel appliances, and soft-close cabinetry. Enjoy the rare bonus of a third bathroom a convenient powder room perfect for guests. Floor-to-ceiling windows flood the space with natural light, while the in-unit laundry, wide-plank flooring, and upgraded finishes throughout elevate everyday living. Situated just steps from Vaughan Mills, public transit, restaurants, and Canadas Wonderland, Charisma offers unmatched amenities including a24-hour concierge, outdoor pool and terrace, fitness and yoga studio, rooftop sky lounge, pet spa, games room, bocce courts, theatre room, party space, and more. With easy access to Hwy400, 407, and the Vaughan Metropolitan Centre subway, this location is ideal for professionals, couples, or down sizers seeking modern living in the heart of Vaughan. Move into day and experience condo living redefined.

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

Closing Costs

Mortgage Amount
$534,400
Land Transfer Taxes$9,835
Legal Fees (Est.)
$
Total cash required for closing$144,935

Total Monthly Obligation

$3,801/mo
Mortgage $2,695
Monthly Loss $3,092
Principal$709
Interest$1,985
Property Tax$200
Condo Fees$706
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.9%23
10-Year IRR
9.0%
Returns Index
12.5/ 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
$34,716/yr
NOI
$17,970/yr
Net Cash Flow
-$1,197/mo
Cash Margin
-41.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
21.6/ 100

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

Comparables

Properties near 8960 Jane Street 1603

Time

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