950 Portage Parkway 2803, Vaughan

$475,000
950 Portage Parkway 2803

$475,000

New
4d
Condo ApartmentApartment

950 Portage Parkway 2803, Vaughan

Total Monthly Obligation $2,871

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
600-699
DOM
4d
Score
19
Yield
6.0%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-N14093852
Beds-2
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,689.69 (2026)
Maintenance-$530.97/mo
Locker-None
Parking-1 - 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-60/90 Days
Neighbourhood-Vaughan Corporate Centre
Title-Residential Condo & Other

No agent assigned

Welcome to the prime location! Transit City Condo in the heart of Vaughan Metropolitan Centre. This bright 2 bedroom suite was built by CentreCourt and offers open concept layout. The home features laminate floors, 9-foot ceilings, 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 28th-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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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$380,000
Land Transfer Taxes$5,975
Legal Fees (Est.)
$
Total cash required for closing$102,475

Total Monthly Obligation

$2,871/mo
Mortgage $1,916
Monthly Loss $2,367
Principal$504
Interest$1,412
Property Tax$224
Condo Fees$531
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.9%28
10-Year IRR
9.8%
Returns Index
15.1/ 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
$28,260/yr
NOI
$13,973/yr
Net Cash Flow
-$752/mo
Cash Margin
-31.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
27.4/ 100

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

Comparables

Properties near 950 Portage Parkway 2803

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.