
3202- 225 Commerce Street, Vaughan
Vaughan
$659,800
Cash flow, cap rate & mortgage breakdown
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Listed by REALTY EXECUTIVES PLUS LTD
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
45
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,350/mo
Estimated from market price-to-rent ratios
Remarks
Welcome To Festival Tower, a Hotel Inspired Lobby Offering Luxury Living in The Heart of Vaughan Metropolitan Centre. This Bright 698 sf Unit Has 2-Bedrooms, 2-Bathrooms, Upgraded Kitchen and **Includes An Extra Wide Parking Spot**. The Corner Unit has Soaring 9 Foot Ceilings, Lots of Glass That Fill The Rooms With Natural Sunlight. Step Out Onto The Spacious Wrap Around 250 sf Balcony With Three Access Doors, Unobstructed Panoramic Views Facing South From The 32nd Floor. An Open Concept Upgraded Modern Kitchen (Bianco Collection) With Top Of The Line European Appliances (Fridge/Freezer, Stove, Dishwasher, Microwave, Washer, Dryer) Plus Window Blinds Are Included. This New Condo Building Offers 70,000 sf Of World-Class Amenities And WiFi Is Available In The Lobby And All Amenity Areas Including Indoor Pool, Kids Playroom, Music Studio, Putting Green, Rooftop Terrace, Theatre Room, Party Room, Guest Suites And Several Lounge Work Areas With Charging Stations. Conveniently Located Within Walking Distance To The VMC Subway And VIVA Rapidway For Quick Access To TTC, Union Station, York University And More. Ideally Located near Hwys 400 & 407, Plus Canada's Wonderland, Vaughan Mills Mall For Shopping, Grocery Stores, Restaurants And Entertainment Nearby. Yours To Discover, Priced To Sell.
MississaugaInvestor.ca
3202- 225 Commerce Street
Condo Apartment · 2bd/2ba · ~650 sqft
$659,800
Cash-Flow Report · July 31, 2026
Cap Rate
1.97%
Monthly Cash Flow
-$1,952/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-16.2%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$3,037 |
| Property Tax | −$401 |
| Insurance | −$225 |
| Condo Fee | −$521 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$1,952/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$4,817 |
| Insurance | −$2,700 |
| Condo Fee | −$6,252 |
| Annual NOI | $13,021 |
| Cap Rate | 1.97% |
Cash Required to Close
| Down Payment (20%) | $131,960 |
| Ontario Land Transfer Tax | $9,671 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $144,631 |
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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