
1712- 2920 Highway 7 Road, Vaughan
Vaughan
$399,000
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP-ADMIRAL REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,700/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to CG Tower, ideally situated in the heart of Vaughan Metropolitan Centre (VMC), one of Vaughan's most vibrant and rapidly growing communities. This prime location offers exceptional convenience, just steps from the TTC subway and Vaughan Metropolitan Centre Station, with easy access to York University, Highways 400 and 407, hospitals, and regional transit, making commuting throughout the GTA effortless. This bright and spacious 1-bedroom condo features a thoughtfully designed open-concept layout with an abundance of natural light. Enjoy unobstructed east-facing views through floor-to-ceiling windows that create a warm and inviting living space. The modern kitchen overlooks the combined living and dining area, perfect for everyday living and entertaining. The generously sized primary bedroom offers mirrored double closets, while 9-foot smooth ceilings enhance the sense of space throughout. Residents enjoy an impressive selection of resort-style amenities, including an outdoor swimming pool, fully equipped fitness Centre, yoga studio, party room, children's playground, expansive BBQ area, quiet work lounge, 24-hour concierge, and professional on-site property management. Everything you need is just minutes away, including an outstanding selection of restaurants, cafés, shopping, grocery stores, parks, and entertainment. Nearby destinations include Vaughan Mills, IKEA, Costco, Cineplex, and numerous retail and dining options. Whether you're a first-time buyer, investor, or professional seeking an exceptional urban lifestyle, this condo offers the perfect combination of luxury, comfort, and unbeatable connectivity in one of the GTA's most desirable locations.
MississaugaInvestor.ca
1712- 2920 Highway 7 Road
Condo Apartment · 1bd/1ba · ~550 sqft
$399,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.5%
Monthly Cash Flow
-$1,007/mo
Estimated Rent
$1,700/mo
Cash-on-Cash
-13.85%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,700 |
| Mortgage | −$1,837 |
| Property Tax | −$243 |
| Insurance | −$225 |
| Condo Fee | −$317 |
| Vacancy (5%) | −$85 |
| Cash Flow | -$1,007/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$20,400 |
| Vacancy (5%) | −$1,020 |
| Property Tax | −$2,913 |
| Insurance | −$2,700 |
| Condo Fee | −$3,804 |
| Annual NOI | $9,963 |
| Cap Rate | 2.5% |
Cash Required to Close
| Down Payment (20%) | $79,800 |
| Ontario Land Transfer Tax | $4,460 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $87,260 |
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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