406B-21 Meadowvale Road, Vaughan, ON

Concord, Vaughan · MLS® N13577844

$2,800/mo
For Lease
Just listed today
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2Bedrooms
2Bathrooms
0Parking
800-899Sq Ft

About this home

Welcome to The Vincent Condos! Be the first to live in this brand-new 2-bedroom, 2-bathroom suite in the heart of Vaughan's sought-after Jane & Highway 7 corridor. This bright, open-concept unit features modern finishes, a sleek kitchen with stainless steel appliances, spacious living and dining area, in-suite laundry, private balcony. Enjoy premium building amenities and an unbeatable location just steps to the VMC Subway Station, Viva Transit, restaurants, shopping, Costco, IKEA, York University, and Highways 400, 407 & 7. Perfect for professionals, couples, and small families seeking stylish urban living with exceptional convenience and connectivity. 776 sq ft + 94 sq ft balcony.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13577844
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Highway 7 and Jane Street
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Concrete
Exposure
West
Listing brokerage
COLDWELL BANKER SUN REALTY
Moe’s TakeTeam Asgarian · Broker
In line
$2,775/moest. value

Listed at $2,800/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

Based on 22 similar rentals nearby, adjusted for size, beds, and baths.Median of 22 comparable active listings, adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $2,700/mo
  • Adjusts to $2,700/mo

That comparable adjusts to $2,700/mo; the $2,775/mo estimate above is the median of all 22 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

List price
$2,650/moBelow market$2,927/moAbove market

Total price vs nearby homes. Fair value about $2,775/mo, median of 22 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Concord · asking prices
$2,750avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

523E-2908 Highway 7 Road$2,8001803-2908 Highway 7 Road$2,7501911-2920 Highway 7 Road$2,7502607-2908 Highway 7 Road$2,7503305-2920 Hwy 7 Road$2,700

The 5 closest of 8 active listings nearby.

See all comparable homes
2,800This home2,8002,7502,7502,7502,700This home vs active comparables
Live market pulseActive comparables in Concord · median list $3K
56active listings nearby
View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Concord, Vaughan, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

47/ 100

Somewhat WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Lawrence Ave East at Meadowvale Rd, about 202 m away

20+ transit stops1 grocery20+ dining17 parks3 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Brownridge
$3K
Beverley Glen
$3K
Vaughan Corporate Centre
$2K
Maple
$2K
Vellore Village
$2K

Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$13/mo
$4KIncome needed
0.7×Price ÷ income
$3Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $13Property tax $2Total carry $15

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12per month

Mortgage amount $2,240 · 4.14% over 25 years

$560Down payment (20.0%)
$2,240Loan before insurance
$0CMHC premium
$14Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$14
Estimated closing costs
$14

Plus your down payment of $560. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,346Total interest paid
$3,586Total of all payments
Principal $2,240 Interest $1,346
YearPrincipalInterestBalance
1$52$91$2,188
2$55$89$2,133
3$57$86$2,076
4$59$84$2,017
5$62$82$1,955
6$64$79$1,890
7$67$76$1,823
8$70$74$1,753
9$73$71$1,680
10$76$68$1,605
11$79$64$1,526
12$82$61$1,443
13$86$58$1,357
14$89$54$1,268
15$93$50$1,175
16$97$46$1,078
17$101$42$977
18$105$38$871
19$110$34$762
20$114$29$647
21$119$24$528
22$124$19$404
23$129$14$275
24$135$9$140
25$140$3$0

At the end of your 5-year term

Total paid over the term
$717
Principal paid down
$285
Interest paid
$432
Balance remaining
$1,955

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER SUN REALTY. MLS®/PropTx.

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