
2321- 10 Abeja Street, Vaughan
Vaughan
$580,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTRON REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,250/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Suite 2321 at Abeja District Tower 1, where thoughtful design meets everydaycomfort. This sun-filled west-facing corner suite offers 1 bedroom, a generous multi-purposeden, and 2 full bathrooms across a highly functional layout that makes excellent use of everysquare foot. The versatile den is ideal as a home office, nursery, or guest room, making thishome well suited for first-time buyers, young families, and professionals alike.The stylish kitchen flows seamlessly into the living and dining area, creating an invitingspace for entertaining or relaxing at home. Large windows throughout the suite bring in anabundance of natural light, while the corner location enhances privacy and provides an open,airy atmosphere. One underground parking space is included for added convenience.Residents of Abeja District enjoy an exceptional collection of amenities, including conciergeservice, a fully equipped fitness centre, yoga studio, resident lounges, party andentertainment spaces, co-working areas, guest suites, wellness facilities, outdoor gatheringareas with BBQs, a pet spa, and children's play areas.Perfectly positioned in the heart of Vaughan, you'll be steps from Vaughan Mills ShoppingCentre and only minutes to Cortellucci Vaughan Hospital, Highways 400 and 407, public transit,parks, dining, and countless everyday conveniences. A fantastic opportunity to own a beautifulhome in one of Vaughan's most exciting and rapidly growing communities.
MississaugaInvestor.ca
2321- 10 Abeja Street
Condo Apartment · 2bd/2ba · ~650 sqft
$580,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.04%
Monthly Cash Flow
-$1,685/mo
Estimated Rent
$2,250/mo
Cash-on-Cash
-15.91%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,250 |
| Mortgage | −$2,670 |
| Property Tax | −$353 |
| Insurance | −$225 |
| Condo Fee | −$574 |
| Vacancy (5%) | −$113 |
| Cash Flow | -$1,685/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,000 |
| Vacancy (5%) | −$1,350 |
| Property Tax | −$4,234 |
| Insurance | −$2,700 |
| Condo Fee | −$6,888 |
| Annual NOI | $11,828 |
| Cap Rate | 2.04% |
Cash Required to Close
| Down Payment (20%) | $116,000 |
| Ontario Land Transfer Tax | $8,075 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $127,075 |
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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