2205-2900 Highway 7 Road, Vaughan, ON

Concord, Vaughan · MLS® N13800150

$499,000
For Sale
Listed 32 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Magnificent Layout With Very Practical & Functional Floor Plan.
  • 1 Bed + 1 Den With 2 Washrooms, West Exposure.
  • 9Ft Ceilings . incredible floorplan boasts abundant natural light through floor-to-ceiling windows and features an oversized balcony perfect for relaxation or...
  • Enjoy an array of premium building amenities, including a pool, gym, party room, BBQ deck, 24/7 security, and more.

Magnificent Layout With Very Practical & Functional Floor Plan. 1 Bed + 1 Den With 2 Washrooms, West Exposure. Bright, Sun Filled Spectacular Clear View. 9Ft Ceilings . incredible floorplan boasts abundant natural light through floor-to-ceiling windows and features an oversized balcony perfect for relaxation or entertaining.minutes from public transit, major highways, shopping, dining, and more. Enjoy an array of premium building amenities, including a pool, gym, party room, BBQ deck, 24/7 security, and more.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13800150
Bedrooms
1+1 (2 total)
Bathrooms
2 (1 half)
Size
600-699 sq ft
Cross streets
Highway 7 / Jane St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$616/mo
Exposure
West
Property tax
$2,862 / 2026
Days on market
32
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Dining RoomMain3.99 × 3.68 m

laminate · combined w/living

Primary BedroomMain3.04 × 3.81 m

laminate · 4 pc ensuite · w/o to balcony

Living RoomMain3.99 × 3.68 m

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

KitchenMain2.86 × 2.70 m

ceramic floor · granite counters · stainless steel appl

DenMain1.82 × 2.04 m

Laminate

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
$2,274/mo
$110KIncome 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 $239Condo fee $616Total carry $3,128

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)
$2,207per month

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

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,062Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$239
Condo / maintenance fees
$616
Heating
$0
Estimated monthly cost
$3,062

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 $2,862− Condo fees $7,389− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,043

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

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