
512- 2900 Highway 7 N/A, Vaughan
Vaughan
$485,000
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
2
Bathrooms
1
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,150/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Suite 512 at Expo Condos 1, where modern design meets everyday convenience in the heart of Vaughan Metropolitan Centre. This bright and beautifully refreshed 1-bedroom, 1-bathroom suite features a versatile flex space that can easily function as a home office, reading nook, dining area, or additional living space to suit your lifestyle. Soaring 10-foot ceilings, large windows, new laminate flooring, and fresh paint throughout, the open-concept layout feels spacious, bright, and inviting. The generous primary bedroom includes a walk-in closet, while the private north-facing balcony offers the perfect place to unwind. Complete with one parking space and one locker, this move-in-ready condo checks all the boxes.The modern kitchen is equipped with stainless steel appliances, including a fridge, stove, microwave, dishwasher, and in-suite washer and dryer, making everyday living effortless.Located on the top floor of the low-rise section, you're just three floors above an exceptional collection of amenities, including an indoor pool, fully equipped fitness centre, yoga and Pilates studio, sauna, party room, games room, guest suite, and outdoor BBQ terrace. The building also features unmatched convenience with an on-site 24/7 Aisle 24 market, pharmacy, salon, dry cleaner, and restaurants.Just steps from Vaughan Metropolitan Centre Subway Station, YRT/Viva transit, and minutes to Highways 400, 407, and 7, Vaughan Mills, York University, Costco, IKEA, and countless dining and entertainment options, this is urban living at its finest. **Listing contains virtually staged photos.**
MississaugaInvestor.ca
512- 2900 Highway 7 N/A
Condo Apartment · 2bd/1ba · ~550 sqft
$485,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.5%
Monthly Cash Flow
-$1,223/mo
Estimated Rent
$2,150/mo
Cash-on-Cash
-13.82%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,150 |
| Mortgage | −$2,232 |
| Property Tax | −$295 |
| Insurance | −$225 |
| Condo Fee | −$513 |
| Vacancy (5%) | −$108 |
| Cash Flow | -$1,223/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,800 |
| Vacancy (5%) | −$1,290 |
| Property Tax | −$3,541 |
| Insurance | −$2,700 |
| Condo Fee | −$6,156 |
| Annual NOI | $12,113 |
| Cap Rate | 2.5% |
Cash Required to Close
| Down Payment (20%) | $97,000 |
| Ontario Land Transfer Tax | $6,175 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $106,175 |
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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