50 Upper Mall Way 2510, Vaughan

$549,900
50 Upper Mall Way 2510

$549,900

New
18d
Condo Apartment1 Storey/Apt

50 Upper Mall Way 2510, Vaughan

Total Monthly Obligation $2,866

Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
18d
Score
20
Yield
5.1%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Condo Apartment
MLS® Number-N13862570
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 5, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-New
Maintenance-$447.51/mo
Locker-None
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, Metal/Steel Siding
Possession-IMMD
Neighbourhood-Brownridge
Title-Residential Condo & Other

No agent assigned

Welcome to Promenade Park Towers, where style, convenience, and connected living come together in the heart of Thornhill. This bright one-bedroom-plus-den suite is filled with natural light and offers a versatile layout designed for modern everyday living. The striking glass-tower community features an impressive 20,000 sq. ft. elevated green-roof terrace and exceptional amenities, including an indoor golf simulator, theatre, and games room. Enjoy direct access to Promenade Shopping Centre, with supermarkets, restaurants, entertainment, transit, parks, and scenic trails all nearby. Perfectly situated at Bathurst and Centre Street, this is contemporary condo living with everything you need right at your doorstep.

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,866/mo
Mortgage $2,218
Monthly Loss $2,282
Principal$584
Interest$1,634
Condo Fees$448
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.6%33
10-Year IRR
10.3%
Returns Index
17.4/ 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
$28,068/yr
NOI
$17,491/yr
Net Cash Flow
-$761/mo
Cash Margin
-32.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
27.9/ 100

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

Comparables

Properties near 50 Upper Mall Way 2510

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.