2900 Highway 7 605, Vaughan

$495,000
2900 Highway 7 605

$495,000

New
28d
Common Element Condo1 Storey/Apt

2900 Highway 7 605, Vaughan

Total Monthly Obligation $3,086

Bed+Den
2+1
Baths
2
Park
1
Sqft
700-799
DOM
28d
Score
19
Yield
6.0%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Common Element Condo
MLS® Number-N13830586
Bed+Den-2+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Sep 25, 2026
Style-1 Storey/Apt
Building Type-Common Element Condo
Taxes-$2,923 (2025)
Maintenance-$646.16/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Foundation-Concrete
Possession-TBA
Neighbourhood-Concord
Title-Residential Condo & Other

No agent assigned

Welcome to Expo Condos 1 in the heart of the Vaughan Metropolitan Centre. This bright, beautifully refreshed 1-bedroom plus den, 2-bathroom 732 sq ft suite features 9-foot ceilings, large windows, laminate flooring, and fresh paint throughout. The open-concept layout feels spacious and inviting, and the den is ideal for a home office or guest space. The modern kitchen has full-size stainless steel appliances, including fridge, stove, microwave, and dishwasher, plus an in-suite stacked washer and dryer. The primary bedroom includes a walk-in closet, and the private west-facing balcony is the perfect spot to unwind at sunset. One parking space and one locker are included. Residents enjoy a wide variety of amenities: an indoor pool, fully equipped fitness centre, yoga and pilates studio, sauna, party room, games room, guest suite, and outdoor BBQ terrace. On-site conveniences include a 24/7 Aisle 24 market, pharmacy, salon, dry cleaner, and restaurants. The suite is steps from Vaughan Metropolitan Centre Subway Station and YRT/Viva transit, and minutes from Highways 400, 407, and 7, Vaughan Mills, York University, Costco, IKEA, and plenty of dining and entertainment options. Listing contains virtually staged photos.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$396,000
Land Transfer Taxes$6,375
Legal Fees (Est.)
$
Total cash required for closing$106,875

Total Monthly Obligation

$3,086/mo
Mortgage $1,997
Monthly Loss $2,561
Principal$525
Interest$1,471
Property Tax$244
Condo Fees$646
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.3%25
10-Year IRR
9.5%
Returns Index
13.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,868/yr
NOI
$13,804/yr
Net Cash Flow
-$846/mo
Cash Margin
-34.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
25.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2900 Highway 7 605

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.