
902- 2900 Highway 7 Road, Vaughan
Vaughan
$569,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX EXPERTS
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,900/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Expo City - Luxury Condo Living in the Heart of Vaughan Metropolitan Centre! This beautifully designed 1-bedroom + den, 2-bathroom suite offers the perfect blend of style, comfort, and functionality. The open-concept layout is bright and spacious, enhanced by floor-to-ceiling windows that flood the space with natural light and showcase incredible views. A large foyer flows into a versatile den - ideal as a home office, nursery, play area, or guest space. The stunning white kitchen features stainless steel appliances, quartz countertops, a matching backsplash, ample cabinetry, and a spacious peninsula breakfast bar overlooking the open living and dining area - perfect for everyday living and entertaining. The dining area is surrounded by spectacular views, creating a beautiful setting for every meal. The primary bedroom offers floor-to-ceiling windows, custom blinds, a walk-in closet, and a beautifully finished 4-piece ensuite. Enjoy premium building amenities including a fitness centre, party room, 24/7 concierge, indoor pool, sauna, and children's play area. Conveniently located minutes from highways, restaurants, shopping, and the Vaughan Metropolitan Centre subway station. Ideal for professionals, first-time buyers, or investors who may want to transform into 2 bedroom - this exceptional condo delivers generous space, modern finishes, and an unbeatable lifestyle in one of Vaughan's most desirable high-rise communities. Don't miss this opportunity!
MississaugaInvestor.ca
902- 2900 Highway 7 Road
Condo Apartment · 1bd/2ba · ~850 sqft
$569,000
Cash-Flow Report · August 1, 2026
Cap Rate
1.24%
Monthly Cash Flow
-$2,032/mo
Estimated Rent
$1,900/mo
Cash-on-Cash
-19.56%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,900 |
| Mortgage | −$2,619 |
| Property Tax | −$346 |
| Insurance | −$225 |
| Condo Fee | −$647 |
| Vacancy (5%) | −$95 |
| Cash Flow | -$2,032/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,800 |
| Vacancy (5%) | −$1,140 |
| Property Tax | −$4,154 |
| Insurance | −$2,700 |
| Condo Fee | −$7,764 |
| Annual NOI | $7,042 |
| Cap Rate | 1.24% |
Cash Required to Close
| Down Payment (20%) | $113,800 |
| Ontario Land Transfer Tax | $7,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $124,655 |
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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