
106- 91 Townsgate Drive, Vaughan
Vaughan
$419,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by FIRST CLASS REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,100/mo
Estimated from market price-to-rent ratios
Remarks
Bright And Spacious 1 Bedroom + Den Condo In A Prime Vaughan Location! Functional Open Concept Layout With Large Living/Dining Area. Upgraded LG Stainless Steel Refrigerator, New LG Front-Load Washer & Dryer, And Upgraded Bathroom Toilet. Spacious Den Ideal For Home Office Or Extra Storage. Conveniently Located Steps To TTC, Shopping, Restaurants, Parks And More. Photos Were Taken Prior To Current Occupancy/Furnishings. Maintenance Fee Includes Heat, Hydro, Water, Cable TV, Internet, Parking, Building Insurance And Common Elements. One Parking Included. Photos Were Taken Prior To Current Occupancy.
MississaugaInvestor.ca
106- 91 Townsgate Drive
Condo Apartment · 2bd/1ba · ~650 sqft
$419,000
Cash-Flow Report · August 2, 2026
Cap Rate
2.51%
Monthly Cash Flow
-$1,051/mo
Estimated Rent
$2,100/mo
Cash-on-Cash
-13.76%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,100 |
| Mortgage | −$1,929 |
| Property Tax | −$255 |
| Insurance | −$225 |
| Condo Fee | −$637 |
| Vacancy (5%) | −$105 |
| Cash Flow | -$1,051/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,200 |
| Vacancy (5%) | −$1,260 |
| Property Tax | −$3,059 |
| Insurance | −$2,700 |
| Condo Fee | −$7,644 |
| Annual NOI | $10,537 |
| Cap Rate | 2.51% |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.