1216-7895 Jane Street, Vaughan, ON

Concord, Vaughan · MLS® N13817004

$499,000
For Sale
Listed 27 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Experience Urban Luxury In This Spacious 1 Bed + Den, 2 Bath Suite At The Met.
  • This Open-Concept Floor Plan Boasts Sun-Drenched Living Spaces With Floor-To-Ceiling Windows and Clear Views.
  • Premium 9-Foot Ceilings Throughout.
  • Unbeatable Location-Walk To Vaughan Subway Station, Minutes To York University, Access To Top Amenities, And 24/7 Concierge/Security.

Experience Urban Luxury In This Spacious 1 Bed + Den, 2 Bath Suite At The Met. This Open-Concept Floor Plan Boasts Sun-Drenched Living Spaces With Floor-To-Ceiling Windows and Clear Views. The Chic Kitchen Is Fully Equipped With Quartz Counters And Integrated Stainless Steel Appliances. Premium 9-Foot Ceilings Throughout. Relax In The Primary Bath Featuring An Upgraded Frameless Glass Shower. Underground Parking & Storage Locker Included. Unbeatable Location-Walk To Vaughan Subway Station, Minutes To York University, Access To Top Amenities, And 24/7 Concierge/Security. A Must-See!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13817004
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
600-699 sq ft
Cross streets
Jane & Highway 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$625/mo
Exposure
East
Property tax
$2,424 / 2026
Days on market
27
Listing brokerage
CANOVIN REALTY INC.
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
West Woodbridge
$745K
Brownridge
$557K

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
$108KIncome 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 $202Condo fee $625Total carry $3,101

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)
$2,207per month

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

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,034Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$202
Condo / maintenance fees
$625
Heating
$0
Estimated monthly cost
$3,034

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
2.3%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.

4.9%
Gross yield
− Property tax $2,424− Condo fees $7,496− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,374

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

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