401-2916 Highway 7, Vaughan, ON

Concord, Vaughan · MLS® N13772410

$494,000
For Sale
Listed 38 days agoNo offer date stated
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1Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to this beautifully upgraded 1 bedroom, 2 bathroom suite in the highly sought after Nord Condos in the heart of Vaughan.
  • Completely renovated and far from builder basic, this exceptional condo showcases modern finishes and thoughtful upgrades throughout.
  • The bright, open concept layout features floor to ceiling windows that flood the space with natural light, complemented by new flooring, oversized baseboards, and...
  • The spacious primary bedroom boasts a large ensuite, while the second full bathroom provides added convenience and flexibility for guests.
  • Residents enjoy an impressive selection of premium amenities, including 24 hour concierge service, a fully equipped fitness centre, indoor pool, yoga studio, BBQ...

Welcome to this beautifully upgraded 1 bedroom, 2 bathroom suite in the highly sought after Nord Condos in the heart of Vaughan. Completely renovated and far from builder basic, this exceptional condo showcases modern finishes and thoughtful upgrades throughout. The bright, open concept layout features floor to ceiling windows that flood the space with natural light, complemented by new flooring, oversized baseboards, and elegant pot lights in the kitchen. The contemporary kitchen is equipped with sleek stainless steel appliances, offering a stylish and functional space ideal for both everyday living and entertaining. The spacious primary bedroom boasts a large ensuite, while the second full bathroom provides added convenience and flexibility for guests. A rare and highly desirable bonus, the locker is conveniently located on the same floor as the unit. Adding even more value and everyday convenience, the suite includes a dedicated parking spot. Residents enjoy an impressive selection of premium amenities, including 24 hour concierge service, a fully equipped fitness centre, indoor pool, yoga studio, BBQ area, pet wash station, guest suite, party room, and a games room, offering a true lifestyle experience right at home. Ideally situated within walking distance to the TTC subway and Vaughan bus routes, residents enjoy exceptional connectivity along with easy access to shopping, dining, and everyday amenities. A truly unique opportunity to own a turnkey, fully upgraded condo in one of Vaughan's premier buildings.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13772410
Bedrooms
1
Bathrooms
2 (1 half)
Size
600-699 sq ft
Cross streets
Jane & Hwy. 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Metal/Steel Siding
Maintenance
$539/mo
Exposure
South East
Property tax
$2,315 / 2025
Days on market
38
Listing brokerage
SUTTON GROUP OLD MILL REALTY INC.

Rooms

Dining RoomMain2.75 × 3.10 m

window floor to ceiling · vinyl floor · combined w/living

Living RoomMain2.75 × 3.10 m

combined w/dining · vinyl floor

KitchenMain4.00 × 3.70 m

pot lights · stainless steel appl · vinyl floor

BedroomMain3.20 × 2.70 m

4 pc ensuite · double closet · window floor to ceiling

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
$2,251/mo
$106KIncome needed
4.7×Price ÷ income
$520Weekly cost
$6,355Land 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.

75%mortgage
Mortgage $2,251Property tax $193Condo fee $539Total carry $2,984

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)
$2,185per month

Mortgage amount $395,200 · 4.49% over 25 years

$98,800Down payment (20.0%)
$395,200Loan before insurance
$0CMHC premium
$2,917Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,185
Property tax
$193
Condo / maintenance fees
$539
Heating
$0
Estimated monthly cost
$2,917

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

One-time closing costs

Ontario land transfer tax
$6,355
Estimated closing costs
$6,355

Plus your down payment of $98,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,645/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

$260,339Total interest paid
$655,539Total of all payments
Principal $395,200 Interest $260,339
YearPrincipalInterestBalance
1$8,819$17,402$386,381
2$9,220$17,002$377,161
3$9,638$16,583$367,523
4$10,076$16,146$357,447
5$10,533$15,688$346,914
6$11,012$15,210$335,902
7$11,512$14,710$324,391
8$12,034$14,187$312,357
9$12,581$13,641$299,776
10$13,152$13,070$286,624
11$13,749$12,473$272,875
12$14,373$11,848$258,502
13$15,026$11,196$243,476
14$15,708$10,513$227,768
15$16,421$9,800$211,347
16$17,167$9,055$194,180
17$17,946$8,275$176,234
18$18,761$7,460$157,473
19$19,613$6,609$137,860
20$20,503$5,718$117,356
21$21,434$4,787$95,922
22$22,408$3,814$73,514
23$23,425$2,797$50,089
24$24,489$1,733$25,600
25$25,600$621$0

At the end of your 5-year term

Total paid over the term
$131,108
Principal paid down
$48,286
Interest paid
$82,822
Balance remaining
$346,914

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
2.5%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.

5.0%
Gross yield
− Property tax $2,315− Condo fees $6,471− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,508

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP OLD MILL REALTY INC.. MLS®/PropTx.

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