
604- 24 Woodstream Boulevard, Vaughan
Vaughan
$728,888
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX PREMIER INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
37
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,400/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Allegra Condominiums, ideally situated in the heart of Woodbridge. Rarely offered and beautifully upgraded, this sought-after 2-BEDROOM, 2-BATHROOM residence with 2 PARKING spaces offers an exceptional opportunity for downsizers, professionals, couples, or young families seeking spacious, turnkey condominium living.Thoughtfully designed with over 900 square feet of well-appointed living space, the suite features a desirable SPLIT-BEDROOM FLOOR PLAN , generous principal rooms, custom-built storage solutions, and abundant natural light throughout. The OPEN CONCEPT layout creates a warm and inviting atmosphere, ideal for both everyday living and entertaining. The spacious corner kitchen is beautifully finished with granite countertops, glass tile backsplash, stainless steel appliances, ample cabinetry, and extensive workspace. A walk-out to the private furnished balcony extends the living space outdoors, creating the perfect setting to enjoy morning coffee or unwind at day's end.The living room is enhanced by a custom built-in wall unit, pot lights, elegant lighting fixtures, and newly installed Zebra blinds that add both style and functionality. The generous PRIMARY SUITE and well-separated second bedroom offer comfort, privacy, and flexibility to accommodate guests, family members, or a dedicated home office.Stay neat and simple with custom closet organizers. Residents enjoy exceptional building amenities including a landscaped terrace with outdoor lounges and BBQs, party and meeting facilities, theatre room, fitness centre, visitor parking, and Concierge services.Conveniently located close to public transit, Highways 400, 407 and 27, shopping, parks, recreation facilities, and everyday amenities, this residence offers the perfect balance of comfort, convenience, and community living.A rare opportunity to own a spacious 2-bedroom, 2-bathroom, 2-parking residence in one of Woodbridge's most desirable condominium communities.
MississaugaInvestor.ca
604- 24 Woodstream Boulevard
Condo Apartment · 2bd/2ba · ~950 sqft
$728,888
Cash-Flow Report · July 31, 2026
Cap Rate
1.56%
Monthly Cash Flow
-$2,407/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-18.07%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$3,355 |
| Property Tax | −$443 |
| Insurance | −$225 |
| Condo Fee | −$664 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$2,407/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$5,321 |
| Insurance | −$2,700 |
| Condo Fee | −$7,968 |
| Annual NOI | $11,371 |
| Cap Rate | 1.56% |
Cash Required to Close
| Down Payment (20%) | $145,777.6 |
| Ontario Land Transfer Tax | $11,053 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $159,830.6 |
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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