28 Interchange Way 2002, Vaughan

$399,000
28 Interchange Way 2002

$399,000

New
15d
Condo ApartmentApartment

28 Interchange Way 2002, Vaughan

Total Monthly Obligation $2,253

Beds
1
Baths
1
Park
0
Sqft
0-499
DOM
15d
Score
21
Yield
5.5%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-N13876404
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Maintenance-$443.58/mo
Locker-Owned
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUPERSTARS REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Vaughan Corporate Centre
Title-Residential Condo & Other

No agent assigned

Welcome To This Modern 1 Bedroom Unit Featuring An Open Concept Layout With A Bright Living Room That Walks Out To Large Balcony, Creating A Seamless Indoor and outdoor Flow. The Kitchen Offers Built-in Stainless Steel Appliances And Backsplash. Spacious Bedroom Includes A Generous Double Closet For Excellent Storage. One Locker Included. Steps To Vaughan Metropolitan Centre Subway Station, IKEA Vaughan, Costco, Cineplex, And A Wide Selection Of Restaurants, Shops, And Easy Access To Hwy 7/407/400.

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

Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,253/mo
Mortgage $1,609
Monthly Loss $1,830
Principal$424
Interest$1,186
Condo Fees$444
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
9.0%29
10-Year IRR
9.9%
Returns Index
15.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$21,912/yr
NOI
$11,998/yr
Net Cash Flow
-$610/mo
Cash Margin
-33.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo73
Risk Index
33.0/ 100

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

Comparables

Properties near 28 Interchange Way 2002

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.