2900 Highway 7 W 2009, Vaughan

$599,000
2900 Highway 7 W 2009

$599,000

New
8d
Condo ApartmentApartment

2900 Highway 7 W 2009, Vaughan

Total Monthly Obligation $3,693

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
8d
Score
19
Yield
6.3%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Condo Apartment
MLS® Number-N14083100
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,603.74 (2026)
Maintenance-$776/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-NEST SEEKERS INTERNATIONAL REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Metal/Steel Siding
Possession-Flexible
Neighbourhood-Concord
Title-Residential Condo & Other

No agent assigned

Spacious & Functional 2 + 1 Suite with Parking & Locker. This 1,013 sq ft unit boasts smooth 9Ft Ceilings, Potlights, Kitchen with Full Sized Appliances. Ample Storage in Ensuites and Closets. Wall to wall windows allow tons of natural light and beautiful views. Access to Shops, Parks, Transit & Highway. Amenities include 24Hr Concierge, Gym, Yoga, Pool, Sauna, Steam, BBQ Terrace, Party Room & Guest Suites. Some Photos are virtually staged.

$
$
%
%
$
$
$
(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

$3,693/mo
Mortgage $2,416
Monthly Loss $3,057
Principal$636
Interest$1,780
Property Tax$300
Condo Fees$776
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.8%1
5-Year IRR
9.7%33
10-Year IRR
10.5%
Returns Index
17.6/ 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
$38,004/yr
NOI
$18,888/yr
Net Cash Flow
-$842/mo
Cash Margin
-26.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.9/ 100

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

Comparables

Properties near 2900 Highway 7 W 2009

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.