5007- 950 Portage Parkway, Vaughan
Vaughan
$458,888
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
51
Price Drop
8%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,150/mo
Estimated from market price-to-rent ratios
Remarks
Welcome To Suite #5007 At Transit City, A Landmark Address In The Heart Of Vaughan Metropolitan Centre. Perched High Above The City, This South-Facing 2-Bedroom, 2-Bathroom Suite Offers Breathtaking Unobstructed Views Toward The Toronto Skyline, CN Tower And Lake Ontario. Featuring A Functional Split-Bedroom Layout, Floor-To-Ceiling Windows, 9 Ft Smooth Ceilings, Laminate Flooring Throughout And A Large Private Balcony, This Apartment Is Designed For Modern Comfort and Everyday Convenience. The Contemporary Kitchen Includes Built-In Appliances, Stone Countertops And A Sleek Open-Concept Design Flowing Seamlessly Into The Living And Dining Areas. Located Right At The Vaughan Metropolitan Centre TTC Subway Station, Commuting To York University, Downtown Toronto and The GTA Is Effortless. Enjoy Quick Access To Hwy 7, 400 And 407, Plus Nearby Shopping, Restaurants, Entertainment, YMCA, Library, Parks And Community Amenities. Ideal For First-Time Buyers, Professionals, Downsizers And Investors.
MississaugaInvestor.ca
5007- 950 Portage Parkway
Condo Apartment · 2bd/2ba · ~650 sqft
$458,888
Cash-Flow Report · July 31, 2026
Cap Rate
2.89%
Monthly Cash Flow
-$1,008/mo
Estimated Rent
$2,150/mo
Cash-on-Cash
-12.04%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,150 |
| Mortgage | −$2,112 |
| Property Tax | −$279 |
| Insurance | −$225 |
| Condo Fee | −$434 |
| Vacancy (5%) | −$108 |
| Cash Flow | -$1,008/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,800 |
| Vacancy (5%) | −$1,290 |
| Property Tax | −$3,350 |
| Insurance | −$2,700 |
| Condo Fee | −$5,208 |
| Annual NOI | $13,252 |
| Cap Rate | 2.89% |
Cash Required to Close
| Down Payment (20%) | $91,777.6 |
| Ontario Land Transfer Tax | $5,653 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $100,430.6 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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