2920 Highway 7 N/A Unit 3704, Vaughan

Price: $449,888

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N12981594

Welcome to CG Tower the tallest and final jewel in the celebrated Expo City development. This south facing 1 bedroom plus den unit offers a refined lifestyle in the heart of Vaughan Metropolitan Centre (VMC).this unit boasts unobstructed, clear views of CN tower and lake from your 37th floor private suite. Sleek appliances, contemporary finishes and functional layout. 1 Parking and 1 locker owned, rare for 1+den units. Enjoy ultimate convenience just steps from the VMC Subway Station, with seamless access to Downtown Toronto and easy connectivity to Highways 400, 407, and 7.Live surrounded by top-tier shopping, dining, and entertainment, and right next to Edgeley Pond & Park VMC's largest city-owned green space. Whether you're a first-time buyer or a savvy investor, this is your chance to own a piece of Vaughan's iconic skyline in its most dynamic and connected community. Top-notch facilities include a 24-hour concierge, a fully furnished fitness center, theatre room, 2 party rooms, co-working space, yoga room, an outdoor pool, and a rooftop terrace with expansive views. Pictures Are Virtually Staged.

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$449,888 - 2920 Highway 7 N/A Unit 3704, Vaughan

Condo for Sale in Vaughan

69 days on market
2Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N12981594
Property Type
Condo
Status
active
Days on Site
69
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
South
Balcony
Enclosed
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Welcome to CG Tower the tallest and final jewel in the celebrated Expo City development. This south facing 1 bedroom plus den unit offers a refined lifestyle in the heart of Vaughan Metropolitan Centre (VMC).this unit boasts unobstructed, clear views of CN tower and lake from your 37th floor private suite. Sleek appliances, contemporary finishes and functional layout. 1 Parking and 1 locker owned, rare for 1+den units. Enjoy ultimate convenience just steps from the VMC Subway Station, with seamless access to Downtown Toronto and easy connectivity to Highways 400, 407, and 7.Live surrounded by top-tier shopping, dining, and entertainment, and right next to Edgeley Pond & Park VMC's largest city-owned green space. Whether you're a first-time buyer or a savvy investor, this is your chance to own a piece of Vaughan's iconic skyline in its most dynamic and connected community. Top-notch facilities include a 24-hour concierge, a fully furnished fitness center, theatre room, 2 party rooms, co-working space, yoga room, an outdoor pool, and a rooftop terrace with expansive views. Pictures Are Virtually Staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,308.16/mo

Includes CMHC insurance ($12,552)

$
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5%10%50%

5-yr fixed avg.

Principal: $404,899Interest: $274,996
Mortgage Amount$417,451
Total Interest$274,996
Est. Property Tax$319/mo
Total Cost$692,447

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Vaughan

Discover Vaughan

Vaughan is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Vaughan

  • Convenient location in Vaughan
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Vaughan offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2920 Highway 7 N/A Unit 3704, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$1,462

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $900/sqft, this property is priced in line with current Vaughan market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 69 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    2920 Highway 7 N/A Unit 3704, Vaughan | $449,888 | Battaglia Team