2914-7895 Jane Street, Vaughan, ON

Concord, Vaughan · MLS® N13695832

$499,000
For Sale
Listed 61 days agoNo offer date statedSitting longer than typical
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◎ Directions
2Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Absolutely Beautiful, Bright, and Spacious Luxury Condo Apartment.
  • Just steps to the Vaughan Metropolitan Centre Subway and Bus Terminal, and minutes from Vaughan Mills Shopping Centre, Canada's Wonderland, the new hospital...
  • Enjoy easy access to Highways 400 and 407, York University, and Seneca College.
  • This open-concept unit features 2 spacious bedrooms, 2 full bathrooms, and a highly functional layout with 9-foot ceilings, pot lights, floor-to-ceiling windows...
  • Included are 1 parking space and 1 locker, making this exceptional home ideal for professionals, families, or investors alike.

Absolutely Beautiful, Bright, and Spacious Luxury Condo Apartment! Located in the Heart of Vaughan, this modern and elegant residence offers the perfect blend of comfort and convenience. Just steps to the Vaughan Metropolitan Centre Subway and Bus Terminal, and minutes from Vaughan Mills Shopping Centre, Canada's Wonderland, the new hospital, restaurants, movie theatres, and more. Enjoy easy access to Highways 400 and 407, York University, and Seneca College.This open-concept unit features 2 spacious bedrooms, 2 full bathrooms, and a highly functional layout with 9-foot ceilings, pot lights, floor-to-ceiling windows, upgraded laminate flooring, and smooth-finish ceilings throughout. The bright living room walks out to a huge balcony with clear, unobstructed views toward Canada's Wonderland.The modern kitchen is equipped with premium stainless steel appliances, a stylish backsplash, and quartz countertops. Included are 1 parking space and 1 locker, making this exceptional home ideal for professionals, families, or investors alike.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13695832
Bedrooms
2
Bathrooms
2
Size
600-699 sq ft
Cross streets
Jane & Highway 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$646/mo
Exposure
North
Property tax
$2,462 / 2025
Days on market
61
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Living RoomFlat3.30 × 3.55 m

combined w/dining · w/o to balcony · laminate

Dining RoomFlat3.30 × 3.55 m

combined w/living · laminate

OtherFlat10.00 × 1.60 m

Balcony

Bedroom 2Flat3.00 × 2.44 m

closet · laminate · large window

Primary BedroomFlat3.32 × 3.05 m

4 pc ensuite · closet · large window

KitchenFlat3.15 × 2.25 m

stainless steel appl · backsplash · quartz counter

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

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Neighbourhood & location

Concord, Vaughan, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$2,274/mo
$109KIncome needed
4.6×Price ÷ income
$525Weekly cost
$6,455Land 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.

73%mortgage
Mortgage $2,274Property tax $205Condo fee $646Total carry $3,125

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)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,058Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$205
Condo / maintenance fees
$646
Heating
$0
Estimated monthly cost
$3,058

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

One-time closing costs

Ontario land transfer tax
$6,455
Estimated closing costs
$6,455

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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$2,050/mo
$24,600Gross annual rent
2.2%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.

4.9%
Gross yield
− Property tax $2,462− Condo fees $7,747− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,085

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

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