2306-2908 Highway 7, Vaughan, ON

Concord, Vaughan · MLS® N13731354

$523,000
For Sale
Listed 48 days agoNo offer date stated
Request a showing
◎ Directions
1+1Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Experience elevated urban living in this sophisticated 1-bedroom plus den with a door(could be used as a 2nd bedroom), perfectly positioned in the heart of the...
  • Meticulously designed interior and exterior space, this 2-bathroom unit with unobstructed view is defined by floor-to-ceiling windows that frame expansive, panoramic...
  • The open-concept layout features a modern chef-inspired kitchen, granite countertops, and premium laminate flooring throughout.
  • This condo offers a quiet retreat within a high-energy transit hub, just steps from the VMC Subway, York University, and immediate highway access (400/407/hwy7).
  • Residents enjoy 24-hour concierge service and an elite suite of amenities including an indoor pool, fitness center, yoga studio, and a rooftop BBQ terrace.

Experience elevated urban living in this sophisticated 1-bedroom plus den with a door(could be used as a 2nd bedroom), perfectly positioned in the heart of the Vaughan Metropolitan Centre. Meticulously designed interior and exterior space, this 2-bathroom unit with unobstructed view is defined by floor-to-ceiling windows that frame expansive, panoramic views. The open-concept layout features a modern chef-inspired kitchen, granite countertops, and premium laminate flooring throughout. This condo offers a quiet retreat within a high-energy transit hub, just steps from the VMC Subway, York University, and immediate highway access (400/407/hwy7). Residents enjoy 24-hour concierge service and an elite suite of amenities including an indoor pool, fitness center, yoga studio, and a rooftop BBQ terrace. Complete with one underground parking space and a private locker, this is a turnkey opportunity for the discerning professional seeking a residence that balances luxury with unparalleled connectivity. *Virtually staged photos have been included to illustrate the potential of the space.*

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13731354
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
600-699 sq ft
Cross streets
Hwy 7 / Jane St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$564/mo
Exposure
West
Property tax
$2,411 / 2025
Days on market
48
Listing brokerage
HOME STANDARDS BRICKSTONE REALTY

Rooms

KitchenGround3.17 × 2.94 m

laminate · quartz counter · modern kitchen

Living RoomGround4.69 × 3.15 m

laminate · w/o to balcony · open concept

DenGround2.38 × 2.28 m

laminate · open concept

Primary BedroomGround3.59 × 2.68 m

laminate · overlooks park · 4 pc ensuite

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
$493K
Vellore Village
$524K
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
$2,384/mo
$111KIncome needed
4.7×Price ÷ income
$550Weekly cost
$6,935Land 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.

76%mortgage
Mortgage $2,384Property tax $201Condo fee $564Total carry $3,149

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,313per month

Mortgage amount $418,400 · 4.49% over 25 years

$104,600Down payment (20.0%)
$418,400Loan before insurance
$0CMHC premium
$3,078Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,313
Property tax
$201
Condo / maintenance fees
$564
Heating
$0
Estimated monthly cost
$3,078

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

One-time closing costs

Ontario land transfer tax
$6,935
Estimated closing costs
$6,935

Plus your down payment of $104,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,800/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

$275,622Total interest paid
$694,022Total of all payments
Principal $418,400 Interest $275,622
YearPrincipalInterestBalance
1$9,337$18,424$409,063
2$9,761$18,000$399,302
3$10,204$17,557$389,098
4$10,667$17,094$378,431
5$11,152$16,609$367,279
6$11,658$16,103$355,621
7$12,187$15,574$343,434
8$12,741$15,020$330,693
9$13,319$14,442$317,374
10$13,924$13,837$303,450
11$14,556$13,205$288,894
12$15,217$12,544$273,677
13$15,908$11,853$257,769
14$16,630$11,131$241,139
15$17,385$10,376$223,754
16$18,175$9,586$205,579
17$19,000$8,761$186,579
18$19,862$7,898$166,717
19$20,764$6,997$145,953
20$21,707$6,054$124,245
21$22,693$5,068$101,553
22$23,723$4,038$77,830
23$24,800$2,961$53,030
24$25,926$1,835$27,103
25$27,103$658$0

At the end of your 5-year term

Total paid over the term
$138,804
Principal paid down
$51,121
Interest paid
$87,684
Balance remaining
$367,279

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
2.3%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.

4.7%
Gross yield
− Property tax $2,411− Condo fees $6,772− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,112

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

CallRequest a showing