3011-2920 Highway 7 Road, Vaughan, ON

Concord, Vaughan · MLS® N13811054

$419,000
For Sale
Listed 28 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Welcome Home to CG Tower at Vaughan Metropolitan Centre.
  • This spacious, sun-filled west-facing 1-bedroom, 1-bathroom residence offers refined urban living.
  • Featuring floor-to-ceiling windows with a clear, unobstructed 30th-floor view, sleek stainless steel appliances, and premium contemporary finishes, this elegant suite...
  • Residents enjoy luxury amenities including a 24-hour concierge, fully equipped fitness centre, media room, outdoor pool, and an expansive rooftop terrace with...
  • Enjoy unmatched connectivity with Vaughan Subway Station, TTC, GO Transit, York University, major hospitals, and Highways 400 & 407 just minutes away.

Welcome Home to CG Tower at Vaughan Metropolitan Centre. This spacious, sun-filled west-facing 1-bedroom, 1-bathroom residence offers refined urban living. Featuring floor-to-ceiling windows with a clear, unobstructed 30th-floor view, sleek stainless steel appliances, and premium contemporary finishes, this elegant suite is both stylish and functional. Residents enjoy luxury amenities including a 24-hour concierge, fully equipped fitness centre, media room, outdoor pool, and an expansive rooftop terrace with panoramic city views. Surrounded by premier shopping, dining, and entertainment, this highly sought-after location appeals to discerning professionals, students, and investors alike. Enjoy unmatched connectivity with Vaughan Subway Station, TTC, GO Transit, York University, major hospitals, and Highways 400 & 407 just minutes away. CG Tower's iconic and red brick facade pays homage to Vaughan's suburban roots while standing as its tallest residential landmark-perfectly blending warmth, prestige, and elevated high-rise living.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13811054
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Jane / Highway 7
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$351/mo
Exposure
West
Days on market
28
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Dining RoomFlat2.00 × 2.97 m

combined w/living · laminate · open concept

Living RoomFlat2.24 × 2.97 m

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

KitchenFlat1.55 × 2.29 m

stainless steel appl · laminate · quartz counter

Primary BedroomFlat3.43 × 2.62 m

window floor to ceiling · laminate · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$407Klikely sale price

Listed at $419,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $407K, typically $383K to $440K. Comparable closings on their own put this home around $409K, which supports the ask, so this is a firm read.

List price
$383KBelow recent closings$440KAbove recent closings

Total price vs nearby homes. Likely closing about $407K, from 31 recent closings in this pocket.

The market behind the math:

31sold nearby · 90 days
$510Kmedian sold price
97%of asking, on average
−11%prices vs a year ago
~36 dayshomes like this take to sell
28days on market so far
$1,950/moest. rent · 9 leases
5.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.3 months of inventory: 44 condo apartment homes for sale in the area against 31 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $763/sqft against an area asking average of $781/sqft.

How this estimate is builtthe short version

I take the 31 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully

Based on 31 comparable homes that sold in Concord over the past two years, from 217 closings there.

Sold price trend

Median sold price for condos in Concord: $465K in September 2026, down 4% from a year ago, on 149 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$525K9
November 2025$525K12
December 2025$520K11
January 2026$532K10
February 2026$525K11
March 2026$525K15
April 2026$519K15
May 2026$540K10
June 2026$530K17
July 2026$505K11
August 2026$522K14
September 2026$465K14

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
$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
$1,910/mo
$92KIncome needed
4.6×Price ÷ income
$441Weekly cost
$4,855Land 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.

76%mortgage
Mortgage $1,910Estimated property tax $262Condo fee $351Total carry $2,522

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)
$1,853per month

Mortgage amount $335,200 · 4.49% over 25 years

$83,800Down payment (20.0%)
$335,200Loan before insurance
$0CMHC premium
$2,466Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,853
Estimated property tax
$262
Condo / maintenance fees
$351
Heating
$0
Estimated monthly cost
$2,466

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

One-time closing costs

Ontario land transfer tax
$4,855
Estimated closing costs
$4,855

Plus your down payment of $83,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,243/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

$220,813Total interest paid
$556,013Total of all payments
Principal $335,200 Interest $220,813
YearPrincipalInterestBalance
1$7,480$14,760$327,720
2$7,820$14,421$319,900
3$8,175$14,066$311,725
4$8,546$13,694$303,179
5$8,934$13,306$294,245
6$9,340$12,901$284,905
7$9,764$12,477$275,141
8$10,207$12,033$264,934
9$10,671$11,570$254,263
10$11,155$11,085$243,108
11$11,662$10,579$231,447
12$12,191$10,049$219,256
13$12,745$9,496$206,511
14$13,323$8,917$193,188
15$13,928$8,312$179,260
16$14,561$7,680$164,699
17$15,222$7,019$149,478
18$15,913$6,328$133,565
19$16,635$5,605$116,929
20$17,391$4,850$99,539
21$18,180$4,060$81,359
22$19,006$3,235$62,353
23$19,869$2,372$42,484
24$20,771$1,470$21,714
25$21,714$527$0

At the end of your 5-year term

Total paid over the term
$111,203
Principal paid down
$40,955
Interest paid
$70,247
Balance remaining
$294,245

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
From 9 whole-home leases in Concord$1,950/mo
$23,400Gross annual rent
3.1%Cap rate after taxes and upkeep
$1,794 to $2,106Typical rent range
~20 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 9 whole-home leases in Concord signed at a median of $2,000 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $1,950. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.6%
Gross yield
− Property tax $2,933− Condo fees $4,210− Insurance $600− Vacancy & upkeep $2,574Net operating income $13,083

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

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