2916 Highway 7 1201, Vaughan

$449,800
2916 Highway 7 1201

$449,800

Price Change
25d
Condo ApartmentApartment

2916 Highway 7 1201, Vaughan

Total Monthly Obligation $2,746

HausQ Valuation Report
Beds
1
Baths
2
Park
1
Sqft
600-699
DOM
25d
Score
20
Yield
6.2%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Condo Apartment
MLS® Number-N13835454
Beds-1
Bathrooms-2
Size-600-699 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,307.59 (2026)
Maintenance-$539.24/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HC REALTY GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Concord
Title-Residential Condo & Other

No agent assigned

Welcome to this beautiful 1-bedroom, 2-bathroom suite at the highly sought-after Nord Condos in the heart of Vaughan. The bright, open-concept layout showcases floor-to-ceiling windows. The contemporary kitchen is complemented by sleek stainless steel appliances, offering both style and functionality for everyday living and entertaining. The spacious primary bedroom features a large ensuite bathroom, while the second full bathroom provides added convenience for guests. Residents enjoy an impressive array of premium amenities, including 24-hour concierge, fitness centre, indoor pool, yoga studio, BBQ area, pet wash station, guest suite, party room, and games room. Ideally located within walking distance to TTC subway access and Vaughan bus routes, with shopping, dining, entertainment, and everyday conveniences just minutes away. A truly turnkey opportunity to own a stylish suite in one of Vaughan's premier condominium communities. ***Parking and Locker Included***

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$359,840
Land Transfer Taxes$5,471
Legal Fees (Est.)
$
Total cash required for closing$96,931

Total Monthly Obligation

$2,746/mo
Mortgage $1,814
Monthly Loss $2,268
Principal$477
Interest$1,337
Property Tax$192
Condo Fees$539
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.6%32
10-Year IRR
10.4%
Returns Index
17.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$28,056/yr
NOI
$14,072/yr
Net Cash Flow
-$642/mo
Cash Margin
-27.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
28.7/ 100

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

Comparables

Properties near 2916 Highway 7 1201

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.