85 North Park Road 1205, Vaughan

$658,000
85 North Park Road 1205

$658,000

New
14d
Condo ApartmentApartment

85 North Park Road 1205, Vaughan

Total Monthly Obligation $3,863

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
14d
Score
17
Yield
5.3%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-N13882982
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,026.83 (2026)
Maintenance-$756.7/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD/Flexible
Neighbourhood-Beverley Glen
Title-Residential Condo & Other

No agent assigned

Nestled In The Vibrant Heart Of Thornhill, This Beautiful Spacious 2 Bedroom Corner Unit in The Fountains Offers Style And Convenience. Enjoy Breathtaking Unobstructed Panoramic South/East Views From The Balcony, Showcasing The Iconic CN Tower And Serene Water Fountains. Soaring 9 FT Ceilings, Laminate Floors, And An Open Concept Layout That Creates A Bright And Inviting Atmosphere. The Open Concept Kitchen Features Stainless Steel Appliances, Granite Countertops, And A Stylish Backsplash, Creating A Functional And Inviting Space. Residents Enjoy Amazing Amenities, Including An Indoor Pool, Jacuzzi, Sauna, Gym, Party Room And A Concierge Service. Steps From Disera Shopping Village And Promenade Mall Offer Endless Shopping And Dining Options. With Easy Access To High Rep Schools, Parks, Places Of Worship, Public Transit, And Close To Bathurst, Hwy 7, And 407, This Unit Perfectly Combines Sophisticated Living With Unmatched Convenience!

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

Closing Costs

Mortgage Amount
$526,400
Land Transfer Taxes$9,635
Legal Fees (Est.)
$
Total cash required for closing$142,735

Total Monthly Obligation

$3,863/mo
Mortgage $2,654
Monthly Loss $3,165
Principal$698
Interest$1,956
Property Tax$252
Condo Fees$757
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.5%21
10-Year IRR
8.8%
Returns Index
11.5/ 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
$34,932/yr
NOI
$16,932/yr
Net Cash Flow
-$1,243/mo
Cash Margin
-42.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.2/ 100

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

Comparables

Properties near 85 North Park Road 1205

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.