
2903- 2920 Highway 7 N/A, Vaughan
Vaughan
$540,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK REALTY LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
9
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,200/mo
Estimated from market price-to-rent ratios
Remarks
*Wow*Experience Premium Luxury Living At The Iconic CG Tower!*Vaughan's Tallest Residential Skyscraper & One Of The City's Most Prestigious New Addresses!*This Stunning 1 Bedroom + Den, 2 Bathroom Suite Showcases A Bright & Spacious Open-Concept Layout Designed For Modern Living & Effortless Entertaining!*Beautifully Appointed With Gorgeous Engineered Hardwood Floors, Smooth Ceilings & Expansive Floor-To-Ceiling Windows That Fill The Space With Natural Light*The Sleek Contemporary Kitchen Features High-Gloss Cabinetry, Built-In Stainless Steel Appliances, Quartz Countertops, Custom Backsplash & Soft-Close Drawers Combining Style & Functionality!*The Spacious Living Room Walks Out To A Private Balcony Offering The Perfect Space To Relax & Unwind*The Luxurious Primary Suite Features A Mirrored Closet & Elegant 3-Piece Ensuite With Glass Shower*The Large Open-Concept Den With Mirrored Closet Is Ideal For A Home Office, Guest Space Or Nursery & Is Complemented By A Full 4-Piece Guest Bathroom With Soaker Tub*Includes 1 Owned Parking Space!*Enjoy Resort-Inspired 5-Star Amenities Including An Outdoor Pool, Rooftop Deck, BBQ Lounge, Party Room, Wellness Centre, Yoga Studio & Pet Spa!*Perfectly Situated In The Heart Of Vaughan Metropolitan Centre, Steps To The VMC Subway Station, VIVA & York Region Transit Offering Exceptional Connectivity Across the GTA!*Surrounded By The Natural Beauty Of Edgeley Pond & Park Featuring Scenic Walking & Biking Trails, Children's Play Areas & A Winter Skating Rink, Plus A New YMCA, Arenas, Sports Complexes, Shopping, Dining & Endless Entertainment Right At Your Doorstep!*Luxury, Convenience & Lifestyle Come Together In One Extraordinary Address!*Put This Beauty On Your Must-See List Today!*
MississaugaInvestor.ca
2903- 2920 Highway 7 N/A
Condo Apartment · 2bd/2ba · ~650 sqft
$540,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.34%
Monthly Cash Flow
-$1,435/mo
Estimated Rent
$2,200/mo
Cash-on-Cash
-14.56%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,200 |
| Mortgage | −$2,486 |
| Property Tax | −$329 |
| Insurance | −$225 |
| Condo Fee | −$485 |
| Vacancy (5%) | −$110 |
| Cash Flow | -$1,435/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$26,400 |
| Vacancy (5%) | −$1,320 |
| Property Tax | −$3,942 |
| Insurance | −$2,700 |
| Condo Fee | −$5,820 |
| Annual NOI | $12,618 |
| Cap Rate | 2.34% |
Cash Required to Close
| Down Payment (20%) | $108,000 |
| Ontario Land Transfer Tax | $7,275 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $118,275 |
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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