1109- 2910 Highway 7 N/A, Vaughan
Vaughan
$629,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX ATRIUM HOME REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
9
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,700/mo
Estimated from market price-to-rent ratios
Remarks
Spacious 2+1 Bedroom Corner Unit With 2 Full Bathrooms. Bright Solarium Can Be Used As A Third Bedroom Or Home Office. Floor-To-Ceiling Windows Fill The Unit With Natural Light. Upgraded Kitchen Featuring Stainless Steel Appliances. Spacious Primary Bedroom With A 4-Piece Ensuite. Enjoy 24-Hour Concierge And Excellent Building Amenities, Including An Indoor Swimming Pool, Gym, Party Room, And More. Conveniently Located Within Walking Distance To Vaughan Metropolitan Centre Subway Station, Restaurants, Shopping, And Everyday Amenities.
MississaugaInvestor.ca
1109- 2910 Highway 7 N/A
Condo Apartment · 3bd/2ba · ~950 sqft
$629,000
Cash-Flow Report · August 4, 2026
Cap Rate
2.23%
Monthly Cash Flow
-$1,725/mo
Estimated Rent
$2,700/mo
Cash-on-Cash
-15.02%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,700 |
| Mortgage | −$2,895 |
| Property Tax | −$383 |
| Insurance | −$225 |
| Condo Fee | −$787 |
| Vacancy (5%) | −$135 |
| Cash Flow | -$1,725/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$32,400 |
| Vacancy (5%) | −$1,620 |
| Property Tax | −$4,592 |
| Insurance | −$2,700 |
| Condo Fee | −$9,444 |
| Annual NOI | $14,044 |
| Cap Rate | 2.23% |
Cash Required to Close
| Down Payment (20%) | $125,800 |
| Ontario Land Transfer Tax | $9,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $137,855 |
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.