512-2920 Highway 7 Road, Vaughan, ON

Concord, Vaughan · MLS® N13598744

$369,900
For Sale
Listed 88 days agoNo offer date statedSitting longer than typical
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1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Experience refined urban living in this spacious 1-bedroom, 1-bathroom condo in the heart of Vaughan Metropolitan Centre.
  • Residents enjoy access to premium amenities including a resort-style outdoor pool, state-ofthe-art fitness centre, elegant party rooms, and 24-hour concierge service.

Experience refined urban living in this spacious 1-bedroom, 1-bathroom condo in the heart of Vaughan Metropolitan Centre. Thoughtfully designed with comfort and style in mind, this modern residence offers an exceptional opportunity for homeowners, professionals, and investors alike. Ideally located just steps from the TTC subway and minutes to York University, major highways, hospitals, and regional transit, this prime address delivers unmatched convenience and connectivity throughout the GTA. Residents enjoy access to premium amenities including a resort-style outdoor pool, state-ofthe-art fitness centre, elegant party rooms, and 24-hour concierge service. Surrounded by upscale shopping, dining, and entertainment, this vibrant community combines luxury, lifestyle, and urban convenience in one of Vaughan's most prestigious and fast-growing neighbourhoods. Own a home in one of Vaughan's most dynamic communities - book your private showing today

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13598744
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Highway 7 & Jane
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$317/mo
Exposure
South West
Property tax
$1,637 / 2025
Days on market
88
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

KitchenMain0.00 × 0.00 m
Living RoomMain0.00 × 0.00 m
Dining RoomMain0.00 × 0.00 m
Primary BedroomMain0.00 × 0.00 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

Nearby neighbourhoods

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

Vaughan Corporate Centre
$485K
Vellore Village
$500K
Maple
$600K
Brownridge
$557K
Beverley Glen
$572K

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
$1,686/mo
$78KIncome needed
4.7×Price ÷ income
$389Weekly cost
$4,024Land transfer tax, one-time (Ontario)
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.

79%mortgage
Mortgage $1,686Property tax $136Condo fee $317Total carry $2,139

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,636per month

Mortgage amount $295,920 · 4.49% over 25 years

$73,980Down payment (20.0%)
$295,920Loan before insurance
$0CMHC premium
$2,090Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,636
Property tax
$136
Condo / maintenance fees
$317
Heating
$0
Estimated monthly cost
$2,090

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

One-time closing costs

Ontario land transfer tax
$4,024
Estimated closing costs
$4,024

Plus your down payment of $73,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,980/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

$194,938Total interest paid
$490,858Total of all payments
Principal $295,920 Interest $194,938
YearPrincipalInterestBalance
1$6,604$13,031$289,316
2$6,904$12,731$282,413
3$7,217$12,417$275,196
4$7,545$12,090$267,651
5$7,887$11,747$259,764
6$8,245$11,389$251,519
7$8,620$11,015$242,899
8$9,011$10,623$233,888
9$9,420$10,214$224,468
10$9,848$9,786$214,620
11$10,295$9,339$204,325
12$10,762$8,872$193,562
13$11,251$8,383$182,311
14$11,762$7,872$170,549
15$12,296$7,338$158,253
16$12,854$6,780$145,399
17$13,438$6,196$131,961
18$14,048$5,586$117,913
19$14,686$4,948$103,227
20$15,353$4,282$87,875
21$16,050$3,585$71,825
22$16,778$2,856$55,046
23$17,540$2,094$37,506
24$18,337$1,298$19,169
25$19,169$465$0

At the end of your 5-year term

Total paid over the term
$98,172
Principal paid down
$36,156
Interest paid
$62,016
Balance remaining
$259,764

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.

Investor snapshot

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
3.3%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.5%
Gross yield
− Property tax $1,637− Condo fees $3,804− Insurance $600− Vacancy & upkeep $2,244Net operating income $12,115

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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