50 Upper Mall Way 2201, Vaughan

$489,900
50 Upper Mall Way 2201

$489,900

New
18d
Condo ApartmentApartment

50 Upper Mall Way 2201, Vaughan

Total Monthly Obligation $2,592

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
18d
Score
22
Yield
5.7%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
15.0%
10Y IRR
14.1%
Property Type-Condo Apartment
MLS® Number-N13862562
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Maintenance-$415.55/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-IMMD
Neighbourhood-Brownridge
Title-Residential Condo & Other

No agent assigned

Step into modern condo living at Promenade Park Towers, built by Liberty Developments and ideally located in the heart of Thornhill. This vacant, move-in-ready 1-bedroom plus den suite offers approximately 605 sq. ft. of thoughtfully planned living space, complete with a bright south-facing exposure and a private balcony.The open-concept layout features a contemporary kitchen with stone countertops, a comfortable living and dining area, and a flexible den that can easily function as a home office, study area, or additional living space. The generously sized bedroom provides plenty of storage, while the modern bathroom offers a sleek and polished finish. A private locker is also included for added convenience.Residents can enjoy an outstanding selection of amenities, including a 24-hour concierge, fitness centre, yoga studio, golf simulator, theatre room, party room, and beautifully landscaped outdoor terrace. With direct access to Promenade Shopping Centre, public transit steps from the building, and nearby parks, restaurants, shops, and everyday necessities, everything you need is right at your doorstep. An excellent opportunity for first-time buyers seeking a convenient, low-maintenance lifestyle in a well-connected Thornhill community.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$391,920
Land Transfer Taxes$6,273
Legal Fees (Est.)
$
Total cash required for closing$105,753

Total Monthly Obligation

$2,592/mo
Mortgage $1,976
Monthly Loss $2,072
Principal$520
Interest$1,456
Condo Fees$416
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.3%45
10-Year IRR
11.6%
Returns Index
23.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$28,068/yr
NOI
$17,875/yr
Net Cash Flow
-$487/mo
Cash Margin
-20.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
31.3/ 100

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

Comparables

Properties near 50 Upper Mall Way 2201

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.