745 New Westminster Drive 201, Vaughan

$579,000
745 New Westminster Drive 201

$579,000

New
9d
Condo ApartmentApartment

745 New Westminster Drive 201, Vaughan

Total Monthly Obligation $3,628

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
9d
Score
19
Yield
6.4%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Condo Apartment
MLS® Number-N14032432
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,644.73 (2026)
Maintenance-$871.77/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PERCY FULTON LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-90 Days/TBA
Neighbourhood-Brownridge
Title-Residential Condo & Other

No agent assigned

Beautiful and Bright 2 Bedroom 2 Bath Corner Unit * 975 Sq. Ft. * Updated Kitchen with Quartz Counters * Open Concept Living and Dining Room with Walk-Out to Balcony * Primary Bedroom Features Walk-In Closet and 4 Piece Ensuite with Separate Shower * Steps to Promenade Mall, Synagogues, Transit, Walmart, Grocery Stores, Hwy 407 and more. Includes One Parking Spot and Locker * In Suite Laundry * Internet is Included.

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

Closing Costs

Mortgage Amount
$463,200
Land Transfer Taxes$8,055
Legal Fees (Est.)
$
Total cash required for closing$125,355

Total Monthly Obligation

$3,628/mo
Mortgage $2,336
Monthly Loss $3,013
Principal$615
Interest$1,721
Property Tax$220
Condo Fees$872
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.6%32
10-Year IRR
10.4%
Returns Index
17.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$37,308/yr
NOI
$18,071/yr
Net Cash Flow
-$830/mo
Cash Margin
-26.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
23.1/ 100

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

Comparables

Properties near 745 New Westminster Drive 201

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.