1206- 50 Upper Mall Way, Vaughan
Vaughan
$419,000
Cash flow, cap rate & mortgage breakdown
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Listed by BIG CITY REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,750/mo
Estimated from market price-to-rent ratios
Remarks
Living At Promenade Park Towers Puts You In The Centre Of Thornhill With Direct Indoor Access To Promenade Mall And The YRT Transit Hub. Inside This Bright One-Bedroom Suite, 9-Feet Ceilings Create An Open Atmosphere That Leads Out To A Balcony Facing The Evening Sunsets. The Kitchen Features Built-In Stainless Steel Appliances That Fit Seamlessly Into The Layout. Everyday Errands Take Minimal Effort When You Can Walk Straight To Shops, Schools, Theatres, And Local Parks Without Stepping Outside. Major Routes Like Highway 407 Sit Nearby For Commuting, While The Building Includes Top Amenities: State-Of-The-Art Gym, Yoga Studio, Rooftop Terrace, And 24/7 Concierge Service.
MississaugaInvestor.ca
1206- 50 Upper Mall Way
Condo Apartment · 1bd/1ba · ~250 sqft
$419,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.46%
Monthly Cash Flow
-$1,070/mo
Estimated Rent
$1,750/mo
Cash-on-Cash
-14.01%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,750 |
| Mortgage | −$1,929 |
| Property Tax | −$255 |
| Insurance | −$225 |
| Condo Fee | −$323 |
| Vacancy (5%) | −$88 |
| Cash Flow | -$1,070/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$21,000 |
| Vacancy (5%) | −$1,050 |
| Property Tax | −$3,059 |
| Insurance | −$2,700 |
| Condo Fee | −$3,876 |
| Annual NOI | $10,315 |
| Cap Rate | 2.46% |
Cash Required to Close
| Down Payment (20%) | $83,800 |
| Ontario Land Transfer Tax | $4,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $91,655 |
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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