2916 Highway 7 Road W 1802, Vaughan

$599,000
2916 Highway 7 Road W 1802

$599,000

New
25d
Co-op ApartmentApartment

2916 Highway 7 Road W 1802, Vaughan

Total Monthly Obligation $3,574

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
800-899
DOM
25d
Score
18
Yield
5.9%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Co-op Apartment
MLS® Number-N13834340
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Co-op Apartment
Age-6-10
Taxes-$2,804 (2026)
Maintenance-$723.78/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOME LEGEND REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Concord
Title-Residential Condo & Other

No agent assigned

Rarely Offered High-Floor S/W Corner 2 Bedroom + Den Suite! Spacious 851 Sq.Ft. "Lexington" Model By Cortel Group Featuring A Highly Functional Split-Bedroom Layout. The Large Separate Den With Floor-To-Ceiling Windows Can Be Used As A Home Office Or Additional Room. Bright And Sun-Filled With 9' Ceilings, Floor-To-Ceiling Windows, 2 Full Bathrooms, 1 Owned Parking And 1 Owned Locker. Modern Kitchen Features Quartz Countertops, Ceramic Backsplash And Integrated Appliances. Window Coverings And All Existing Light Fixtures Included. Seller Will Replace The Flooring With Brand-New Flooring Before Closing! Enjoy Excellent Building Amenities Including 24-Hr Concierge/Security, Indoor Pool, Gym, Party & Games Rooms, Theatre, Guest Facilities, Pet Spa And Garden Terraces. Prime Vaughan Location With Easy Access To Hwy 7/400, Subway & Viva Transit, Costco, Vaughan Mills, Canada's Wonderland, Restaurants, Entertainment, Schools And Parks. A Spacious, Practical And Rarely Available Corner Layout!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,574/mo
Mortgage $2,416
Monthly Loss $2,938
Principal$636
Interest$1,780
Property Tax$234
Condo Fees$724
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.9%28
10-Year IRR
9.9%
Returns Index
15.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$35,124/yr
NOI
$17,722/yr
Net Cash Flow
-$939/mo
Cash Margin
-32.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.1/ 100

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

Comparables

Properties near 2916 Highway 7 Road W 1802

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.