1802-2916 Highway 7 Road, Vaughan, ON

Concord, Vaughan · MLS® N13834340

$599,000
For Sale
Listed 21 days agoNo offer date stated
Request a showing
◎ Directions
2+1Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Rarely Offered High-Floor S/W Corner 2 Bedroom + Den Suite.
  • Bright And Sun-Filled With 9' Ceilings, Floor-To-Ceiling Windows, 2 Full Bathrooms, 1 Owned Parking And 1 Owned Locker.
  • Enjoy Excellent Building Amenities Including 24-Hr Concierge/Security, Indoor Pool, Gym, Party & Games Rooms, Theatre, Guest Facilities, Pet Spa And Garden Terraces.
  • Prime Vaughan Location With Easy Access To Hwy 7/400, Subway & Viva Transit, Costco, Vaughan Mills, Canada's Wonderland, Restaurants, Entertainment, Schools And Parks.

Rarely Offered High-Floor S/W Corner 2 Bedroom + Den Suite! Spacious 851 Sq.Ft. "Lexington" Model By Cortel Group Featuring A Highly Functional Split-Bedroom Layout. The Large Separate Den With Floor-To-Ceiling Windows Can Be Used As A Home Office Or Additional Room. Bright And Sun-Filled With 9' Ceilings, Floor-To-Ceiling Windows, 2 Full Bathrooms, 1 Owned Parking And 1 Owned Locker. Modern Kitchen Features Quartz Countertops, Ceramic Backsplash And Integrated Appliances. Window Coverings And All Existing Light Fixtures Included. Seller Will Replace The Flooring With Brand-New Flooring Before Closing! Enjoy Excellent Building Amenities Including 24-Hr Concierge/Security, Indoor Pool, Gym, Party & Games Rooms, Theatre, Guest Facilities, Pet Spa And Garden Terraces. Prime Vaughan Location With Easy Access To Hwy 7/400, Subway & Viva Transit, Costco, Vaughan Mills, Canada's Wonderland, Restaurants, Entertainment, Schools And Parks. A Spacious, Practical And Rarely Available Corner Layout!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13834340
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
Hwy 7 / 400
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$724/mo
Exposure
South West
Property tax
$2,804 / 2026
Days on market
21
Listing brokerage
HOME LEGEND REALTY INC.

Rooms

DenFlat5.25 × 4.59 m

separate room · window floor to ceiling · laminate

Primary BedroomFlat10.60 × 8.92 m

4 pc ensuite · picture window · laminate

Dining RoomFlat13.25 × 14.99 m

combined w/living · open concept · laminate

Living RoomFlat14.99 × 13.25 m

combined w/dining · window floor to ceiling · laminate

Bedroom 2Flat11.52 × 9.58 m

3 pc ensuite · picture window · laminate

KitchenFlat10.66 × 7.48 m

open concept · modern kitchen · laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$582Klikely sale price

Listed at $599,000. Going by how homes in Concord and the wider GTA have actually closed against their asking prices (about 97%, 31 local closings in 90 days), the likely sale price is near $582K, if it sells. A realistic range is $548K to $629K.

Independent value check: $570K. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $530K and $599K).

Why $570K. The typical condo sold in Concord over the past year went for about $520K (150 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 800 to 899 sq ft; the typical home sold here is 600 to 699.
  • ▲ Raises it2+1 bedrooms and 2 baths, against 1+1 and 2 typically.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$548KBelow recent closings$629KAbove recent closings

Total price vs nearby homes. Likely closing about $582K, 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
21days on market so far
$2,839/moest. rent · 19 leases
5.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.7 months of inventory: 49 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 $705/sqft against an area asking average of $739/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 31 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $546K. Condition and finishes remain an 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
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($705/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 24 homes sold in this building over the past two years, from 217 closings in Concord.

What sellers nearby are askingCurrently listed nearby in Concord · asking prices
$661kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $754/sqft; this home lists at $705/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
599kThis home595k590k662k799kThis home vs active comparables

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
$2,730/mo
$128KIncome needed
4.7×Price ÷ income
$630Weekly cost
$8,455Land 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.

74%mortgage
Mortgage $2,730Property tax $234Condo fee $724Total carry $3,687

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)
$2,650per month

Mortgage amount $479,200 · 4.49% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,607Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,650
Property tax
$234
Condo / maintenance fees
$724
Heating
$0
Estimated monthly cost
$3,607

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

One-time closing costs

Ontario land transfer tax
$8,455
Estimated closing costs
$8,455

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,207/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

$315,674Total interest paid
$794,874Total of all payments
Principal $479,200 Interest $315,674
YearPrincipalInterestBalance
1$10,694$21,101$468,506
2$11,179$20,616$457,327
3$11,687$20,108$445,640
4$12,217$19,577$433,423
5$12,772$19,023$420,651
6$13,352$18,443$407,299
7$13,958$17,837$393,340
8$14,592$17,203$378,748
9$15,255$16,540$363,494
10$15,947$15,848$347,546
11$16,671$15,124$330,875
12$17,428$14,367$313,447
13$18,220$13,575$295,227
14$19,047$12,748$276,180
15$19,912$11,883$256,269
16$20,816$10,979$235,453
17$21,761$10,034$213,692
18$22,749$9,046$190,943
19$23,782$8,013$167,162
20$24,861$6,933$142,300
21$25,990$5,805$116,310
22$27,170$4,625$89,140
23$28,404$3,391$60,736
24$29,694$2,101$31,042
25$31,042$753$0

At the end of your 5-year term

Total paid over the term
$158,975
Principal paid down
$58,549
Interest paid
$100,425
Balance remaining
$420,651

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 19 whole-home leases in Concord$2,839/mo
$34,068Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,697 to $2,981Typical 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 19 whole-home leases in Concord signed at a median of $2,550 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,839. 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.

5.7%
Gross yield
− Property tax $2,804− Condo fees $8,685− Insurance $600− Vacancy & upkeep $3,747Net operating income $18,231

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

CallRequest a showing