2900 Highway 7 3402, Vaughan

$860,000
2900 Highway 7 3402

$860,000

New
4d
Condo ApartmentApartment

2900 Highway 7 3402, Vaughan

Total Monthly Obligation $4,984

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
2
Sqft
1000-1199
DOM
4d
Score
16
Yield
5.0%
Cash on Cash
-7.4%
Cap Rate
3.0%
5Y IRR
9.7%
10Y IRR
10.0%
Property Type-Condo Apartment
MLS® Number-N14096114
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$4,570.22 (2026)
Maintenance-$934.24/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX CROSSROADS REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60/75
Neighbourhood-Concord
Title-Residential Condo & Other

No agent assigned

Client RemarksLuxury Living at Expo City! Bright & spacious 2+1 bedroom suite boasting unobstructed, panoramic south-facing views and floor-to-ceiling windows that flood the entire space with natural light. This highly desirable split-bedroom layout features a functional den perfect as a home office or nursery-ideal for young professionals, couples, or growing families. Enjoy a modern kitchen with granite countertops, stainless steel appliances, extended cabinetry, and a massive centre island that seamlessly connects to the open living and dining area. Two full bathrooms, ensuite laundry, side-by-side parking for 2 vehicles, and a locker offer exceptional convenience. Located just steps to VMC Subway Station, YMCA, parks, dining, shopping, and minutes to Hwy 400 & 407 ! VIRTUAL STAGING HAS BEEN APPLIED TO SELECT PHOTOS.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$688,000
Land Transfer Taxes$13,675
Legal Fees (Est.)
$
Total cash required for closing$187,175

Total Monthly Obligation

$4,984/mo
Mortgage $3,469
Monthly Loss $4,071
Principal$913
Interest$2,556
Property Tax$381
Condo Fees$934
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
6.9%18
10-Year IRR
8.3%
Returns Index
10.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$43,356/yr
NOI
$20,839/yr
Net Cash Flow
-$1,732/mo
Cash Margin
-47.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
17.6/ 100

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

Comparables

Properties near 2900 Highway 7 3402

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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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.