325-2908 Highway 7 Road, Vaughan, ON

Concord, Vaughan · MLS® N13748512

$519,000
For Sale
Listed 44 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Sun Filled Very Bright Spacious ModernUnit With 1 Bedroom plus den And 2Bath in the Luxurious Nord Condos, in the heart of Vaughan It is large 815 Sq. ft. unit and...
  • This Unit Has An Ensuite Laundry, 1 Underground Parking And1 Locker Conveniently Located In Proximity To The Unit Open Concept Kitchen/ Dining And Living Room And...
  • Few Minutes To Subway Station.
  • Close To Major Highways 400/407, Shopping Malls And York University, Groceries, Parks And More.

Sun Filled Very Bright Spacious ModernUnit With 1 Bedroom plus den And 2Bath in the Luxurious Nord Condos, in the heart of Vaughan It is large 815 Sq. ft. unit and Den can be used as a second bedroom or home office. This Unit Has An Ensuite Laundry, 1 Underground Parking And1 Locker Conveniently Located In Proximity To The Unit Open Concept Kitchen/ Dining And Living Room And Nice Floor To Ceiling Windows Over Looking The East. Few Minutes To Subway Station. Close To Major Highways 400/407, Shopping Malls And York University, Groceries, Parks And More. Modern Color Selections, And Finishes In The Entire Unit.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13748512
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
Jane St & Highway 7
Parking
1 garage (none)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$696/mo
Exposure
East
Property tax
$2,810 / 2026
Days on market
44
Listing brokerage
ROYAL LEPAGE FLOWER CITY REALTY

Rooms

Primary BedroomFlat5.16 × 3.12 m

laminate · window floor to ceiling

KitchenFlat4.16 × 3.40 m

laminate · quartz counter · combined w/dining

Living RoomFlat3.28 × 3.00 m

laminate · window floor to ceiling

DenFlat2.87 × 2.43 m

laminate · closet

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

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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
$2,365/mo
$114KIncome needed
4.5×Price ÷ income
$546Weekly cost
$6,855Land 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.

72%mortgage
Mortgage $2,365Property tax $234Condo fee $696Total carry $3,296

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)
$2,296per month

Mortgage amount $415,200 · 4.49% over 25 years

$103,800Down payment (20.0%)
$415,200Loan before insurance
$0CMHC premium
$3,226Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,296
Property tax
$234
Condo / maintenance fees
$696
Heating
$0
Estimated monthly cost
$3,226

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

One-time closing costs

Ontario land transfer tax
$6,855
Estimated closing costs
$6,855

Plus your down payment of $103,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,779/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

$273,514Total interest paid
$688,714Total of all payments
Principal $415,200 Interest $273,514
YearPrincipalInterestBalance
1$9,265$18,283$405,935
2$9,686$17,862$396,248
3$10,126$17,423$386,122
4$10,586$16,963$375,537
5$11,066$16,482$364,470
6$11,569$15,980$352,901
7$12,094$15,454$340,807
8$12,643$14,905$328,164
9$13,217$14,331$314,947
10$13,817$13,731$301,129
11$14,445$13,104$286,685
12$15,101$12,448$271,584
13$15,786$11,762$255,798
14$16,503$11,046$239,295
15$17,252$10,296$222,043
16$18,036$9,513$204,007
17$18,855$8,694$185,152
18$19,711$7,838$165,442
19$20,606$6,943$144,836
20$21,541$6,007$123,295
21$22,519$5,029$100,776
22$23,542$4,007$77,234
23$24,610$2,938$52,624
24$25,728$1,821$26,896
25$26,896$652$0

At the end of your 5-year term

Total paid over the term
$137,743
Principal paid down
$50,730
Interest paid
$87,013
Balance remaining
$364,470

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.

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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$2,700/mo
$32,400Gross 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.

6.2%
Gross yield
− Property tax $2,810− Condo fees $8,357− Insurance $600− Vacancy & upkeep $3,564Net operating income $17,069

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE FLOWER CITY REALTY. MLS®/PropTx.

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