
1802- 1 Clark Avenue, Vaughan
Vaughan
$799,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,850/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Skyrise on Yonge. DOn't miss this 1,646 sq. ft. 2 bedroom plus den, 2 bathroom suite. Offering the scale, flow and storage so many buyers are missing, it features a gracious foyer, expansive living and dining space for real furniture, a separate den for work, reading or flexible everyday use, and a large kitchen with room to gather. The thoughtful layout provides excellent separation between the principal rooms and bedrooms, including a spacious primary retreat with ensuite bath and ample closet space. Large windows with California shutters and elevated south facing 18th-floor views create a bright, comfortable home with room to live, entertain and breathe. Includes owned underground parking spot close to the elevator and a storage locker. The well-managed, amenity-rich building at Yonge & Clark provides a 24-hour concierge, indoor pool, gym, sauna, tennis/squash courts, guest suites, party/games rooms, roof terrace/community garden and visitor parking. You're steps to shops, restaurants, transit, parks, schools and everyday conveniences. A true downsizer-friendly residence in one of Thornhill's most established condominium communities.
MississaugaInvestor.ca
1802- 1 Clark Avenue
Condo Apartment · 3bd/2ba · ~1,700 sqft
$799,000
Cash-Flow Report · August 3, 2026
Cap Rate
0.75%
Monthly Cash Flow
-$3,177/mo
Estimated Rent
$2,850/mo
Cash-on-Cash
-21.75%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,850 |
| Mortgage | −$3,678 |
| Property Tax | −$486 |
| Insurance | −$225 |
| Condo Fee | −$1,495 |
| Vacancy (5%) | −$143 |
| Cash Flow | -$3,177/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,200 |
| Vacancy (5%) | −$1,710 |
| Property Tax | −$5,833 |
| Insurance | −$2,700 |
| Condo Fee | −$17,940 |
| Annual NOI | $6,017 |
| Cap Rate | 0.75% |
Cash Required to Close
| Down Payment (20%) | $159,800 |
| Ontario Land Transfer Tax | $12,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,255 |
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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