2920 Hwy 7 W 2701, Vaughan

$599,000
2920 Hwy 7 W 2701

$599,000

New
7d
Condo ApartmentApartment

2920 Hwy 7 W 2701, Vaughan

Total Monthly Obligation $3,244

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
7d
Score
19
Yield
5.2%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-N14087478
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,640.86 (2025)
Maintenance-$490.69/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX GOLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Other
Foundation-Concrete
Possession-Flexible
Neighbourhood-Concord
Title-Residential Condo & Other

No agent assigned

Welcome to this Bright and Elegant 2-bedroom, 2-bathroom luxury Condo offering sophisticated urban living in a Prime Vaughan location. This beautifully designed suite features a spacious open-concept living and dining area, enhanced by floor-to-ceiling windows that fill the home with abundant natural light. The modern layout is perfect for both comfortable everyday living and stylish entertaining. The primary bedroom is a private retreat, featuring large sun-filled windows and a luxurious 3-piece ensuite. Step out onto the west-facing private balcony and enjoy stunning sunset views and open skies - the perfect space to relax. This upscale residence also includes 1 underground parking space and is ideally situated near Jane St. and Hwy 7, just minutes from Vaughan Metropolitan Centre Subway Station, major hospitals, GO Transit, public transit, and major highways. Enjoy effortless access to premier shopping, fine dining, entertainment, and everyday conveniences. Experience contemporary comfort, exceptional convenience, and vibrant city living - all in one remarkable home

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(utilities, internet...)
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Closing Costs

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

Total Monthly Obligation

$3,244/mo
Mortgage $2,416
Monthly Loss $2,608
Principal$636
Interest$1,780
Property Tax$137
Condo Fees$491
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%30
10-Year IRR
10.0%
Returns Index
16.0/ 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
$31,320/yr
NOI
$18,259/yr
Net Cash Flow
-$895/mo
Cash Margin
-34.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
25.1/ 100

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

Comparables

Properties near 2920 Hwy 7 W 2701

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.

Data is provided courtesy of PropTx.

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Data last updated within the past 24 hours.