950 Portage Parkway 1811, Vaughan

$360,000
950 Portage Parkway 1811

$360,000

New
4d
Condo ApartmentApartment

950 Portage Parkway 1811, Vaughan

Total Monthly Obligation $2,229

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
4d
Score
27
Yield
7.9%
Cash on Cash
4.4%
Cap Rate
5.5%
5Y IRR
19.1%
10Y IRR
17.5%
Property Type-Condo Apartment
MLS® Number-N14093762
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,689.69 (2026)
Maintenance-$352.87/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 ATRIA REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60/90days
Neighbourhood-Vaughan Corporate Centre
Title-Residential Condo & Other

No agent assigned

Welcome to the prime location! Transit City Condo is in the heart of Vaughan Metropolitan Centre. This bright 1 bedroom suite was built by CentreCourt and offer open concept layout. Home features laminate floors, 9-foot ceilings, modern kitchen and large windows that fill the space with natural light. The kitchen comes with built-in appliances, quartz countertops, a backsplash, and plenty of cabinet space. From the 18th floor balcony, you can enjoy great views and beautiful sunsets. Residents have access to a huge YMCA fitness centre and pool, public library, kids zone, outdoor terrace, party lounge, visitor parking, 24/7 concierge and event spaces on site. Location is incredibly convenient-steps from the subway, close to Highway 7 and 400, near York University, and minutes from shopping at Vaughan Mills and SmartCentres Woodbridge. A great place to call home.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$288,000
Land Transfer Taxes$3,875
Legal Fees (Est.)
$
Total cash required for closing$77,375

Total Monthly Obligation

$2,229/mo
Mortgage $1,452
Monthly Loss $1,847
Principal$382
Interest$1,070
Property Tax$224
Condo Fees$353
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.7%5
5-Year IRR
14.5%68
10-Year IRR
14.3%
Returns Index
35.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$28,260/yr
NOI
$16,110/yr
Net Cash Flow
-$110/mo
Cash Margin
-4.7%2
Cash Flow Index
1.9/ 100
Risk Profile
Weight: 20%
DSCR
0.9221
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo73
Risk Index
37.6/ 100

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

Comparables

Properties near 950 Portage Parkway 1811

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.

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

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Data last updated within the past 24 hours.