1712-2920 Highway 7 Road, Vaughan, ON

Concord, Vaughan · MLS® N13617968

$399,000
For Sale
Listed 82 days agoNo offer date statedSitting longer than typical
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◎ Directions
1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Welcome to CG Tower, ideally situated in the heart of Vaughan Metropolitan Centre (VMC), one of Vaughan's most vibrant and rapidly growing communities.
  • This prime location offers exceptional convenience, just steps from the TTC subway and Vaughan Metropolitan Centre Station, with easy access to York University...
  • This bright and spacious 1-bedroom condo features a thoughtfully designed open-concept layout with an abundance of natural light.
  • The generously sized primary bedroom offers mirrored double closets, while 9-foot smooth ceilings enhance the sense of space throughout.
  • Residents enjoy an impressive selection of resort-style amenities, including an outdoor swimming pool, fully equipped fitness Centre, yoga studio, party room...

Welcome to CG Tower, ideally situated in the heart of Vaughan Metropolitan Centre (VMC), one of Vaughan's most vibrant and rapidly growing communities. This prime location offers exceptional convenience, just steps from the TTC subway and Vaughan Metropolitan Centre Station, with easy access to York University, Highways 400 and 407, hospitals, and regional transit, making commuting throughout the GTA effortless. This bright and spacious 1-bedroom condo features a thoughtfully designed open-concept layout with an abundance of natural light. Enjoy unobstructed east-facing views through floor-to-ceiling windows that create a warm and inviting living space. The modern kitchen overlooks the combined living and dining area, perfect for everyday living and entertaining. The generously sized primary bedroom offers mirrored double closets, while 9-foot smooth ceilings enhance the sense of space throughout. Residents enjoy an impressive selection of resort-style amenities, including an outdoor swimming pool, fully equipped fitness Centre, yoga studio, party room, children's playground, expansive BBQ area, quiet work lounge, 24-hour concierge, and professional on-site property management. Everything you need is just minutes away, including an outstanding selection of restaurants, cafés, shopping, grocery stores, parks, and entertainment. Nearby destinations include Vaughan Mills, IKEA, Costco, Cineplex, and numerous retail and dining options. Whether you're a first-time buyer, investor, or professional seeking an exceptional urban lifestyle, this condo offers the perfect combination of luxury, comfort, and unbeatable connectivity in one of the GTA's most desirable locations.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13617968
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
82
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Primary BedroomMain3.27 × 2.97 m

laminate · window floor to ceiling · double closet

Dining RoomMain3.09 × 2.86 m

laminate · combined w/living · east view

KitchenMain3.25 × 2.02 m

laminate · stainless steel appl · quartz counter

Living RoomMain3.09 × 2.86 m

laminate · open concept · w/o to balcony

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
$1,819/mo
$83KIncome needed
4.8×Price ÷ income
$420Weekly cost
$4,460Land 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.

80%mortgage
Mortgage $1,819Property tax $136Condo fee $317Total carry $2,272

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)
$1,765per month

Mortgage amount $319,200 · 4.49% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$2,218Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,765
Property tax
$136
Condo / maintenance fees
$317
Heating
$0
Estimated monthly cost
$2,218

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

One-time closing costs

Ontario land transfer tax
$4,460
Estimated closing costs
$4,460

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,136/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

$210,273Total interest paid
$529,473Total of all payments
Principal $319,200 Interest $210,273
YearPrincipalInterestBalance
1$7,123$14,056$312,077
2$7,447$13,732$304,630
3$7,785$13,394$296,845
4$8,138$13,041$288,707
5$8,508$12,671$280,200
6$8,894$12,285$271,306
7$9,298$11,881$262,008
8$9,720$11,459$252,288
9$10,161$11,018$242,127
10$10,623$10,556$231,504
11$11,105$10,074$220,399
12$11,609$9,570$208,790
13$12,136$9,043$196,654
14$12,687$8,492$183,967
15$13,263$7,916$170,703
16$13,866$7,313$156,838
17$14,495$6,684$142,343
18$15,153$6,026$127,189
19$15,841$5,338$111,348
20$16,560$4,618$94,788
21$17,312$3,867$77,475
22$18,098$3,080$59,377
23$18,920$2,259$40,457
24$19,779$1,400$20,677
25$20,677$502$0

At the end of your 5-year term

Total paid over the term
$105,895
Principal paid down
$39,000
Interest paid
$66,894
Balance remaining
$280,200

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
3.0%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.

5.1%
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 SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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