1201-2916 Highway 7, Vaughan, ON

Concord, Vaughan · MLS® N13835454

$449,800
For Sale
Listed 21 days agoNo offer date stated
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1Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to this beautiful 1-bedroom, 2-bathroom suite at the highly sought-after Nord Condos in the heart of Vaughan.
  • The bright, open-concept layout showcases floor-to-ceiling windows.
  • The spacious primary bedroom features a large ensuite bathroom, while the second full bathroom provides added convenience for guests.
  • Residents enjoy an impressive array of premium amenities, including 24-hour concierge, fitness centre, indoor pool, yoga studio, BBQ area, pet wash station, guest...

Welcome to this beautiful 1-bedroom, 2-bathroom suite at the highly sought-after Nord Condos in the heart of Vaughan. The bright, open-concept layout showcases floor-to-ceiling windows. The contemporary kitchen is complemented by sleek stainless steel appliances, offering both style and functionality for everyday living and entertaining. The spacious primary bedroom features a large ensuite bathroom, while the second full bathroom provides added convenience for guests. Residents enjoy an impressive array of premium amenities, including 24-hour concierge, fitness centre, indoor pool, yoga studio, BBQ area, pet wash station, guest suite, party room, and games room. Ideally located within walking distance to TTC subway access and Vaughan bus routes, with shopping, dining, entertainment, and everyday conveniences just minutes away. A truly turnkey opportunity to own a stylish suite in one of Vaughan's premier condominium communities. ***Parking and Locker Included***

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13835454
Bedrooms
1
Bathrooms
2 (1 half)
Size
600-699 sq ft
Cross streets
Jane and Hwy 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$539/mo
Exposure
South East
Property tax
$2,308 / 2026
Days on market
21
Listing brokerage
HC REALTY GROUP INC.

Rooms

Living RoomMain6.45 × 3.15 m

laminate · combined w/dining · se view

Dining RoomMain6.45 × 3.15 m

laminate · combined w/living · open concept

KitchenMain3.18 × 3.05 m

eat-in kitchen · quartz counter · stainless steel appl

Primary BedroomMain3.15 × 2.74 m

4 pc ensuite · closet · east view

Our TakeTeam Asgarian · Broker
A small discount is typical
$437Klikely sale price

Listed at $449,800. 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 $437K, if it sells. A realistic range is $411K to $473K.

Independent value check: $452K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $421K and $475K).

Why $452K. The typical condo sold in Concord over the past year went for about $520K (150 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,308 a year; the typical home sold here pays about $2,700.
List price
$411KBelow recent closings$473KAbove recent closings

Total price vs nearby homes. Likely closing about $437K, 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
$2,265/moest. rent · 23 leases
6.0%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 52 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 $693/sqft against an area asking average of $769/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 $447K. Condition and finishes remain an in-person call.

What the listing highlights3 points 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
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle

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

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
$485K
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
$2,050/mo
$98KIncome needed
4.6×Price ÷ income
$473Weekly cost
$5,471Land 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 $2,050Property tax $192Condo fee $539Total carry $2,782

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)
$1,990per month

Mortgage amount $359,840 · 4.49% over 25 years

$89,960Down payment (20.0%)
$359,840Loan before insurance
$0CMHC premium
$2,721Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,990
Property tax
$192
Condo / maintenance fees
$539
Heating
$0
Estimated monthly cost
$2,721

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

One-time closing costs

Ontario land transfer tax
$5,471
Estimated closing costs
$5,471

Plus your down payment of $89,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,408/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

$237,045Total interest paid
$596,885Total of all payments
Principal $359,840 Interest $237,045
YearPrincipalInterestBalance
1$8,030$15,845$351,810
2$8,395$15,481$343,415
3$8,776$15,100$334,639
4$9,174$14,701$325,465
5$9,591$14,285$315,874
6$10,026$13,849$305,848
7$10,482$13,394$295,366
8$10,957$12,918$284,409
9$11,455$12,420$272,954
10$11,975$11,900$260,979
11$12,519$11,357$248,460
12$13,087$10,788$235,373
13$13,681$10,194$221,691
14$14,303$9,573$207,389
15$14,952$8,923$192,437
16$15,631$8,245$176,806
17$16,341$7,535$160,465
18$17,083$6,793$143,383
19$17,858$6,017$125,525
20$18,669$5,206$106,856
21$19,517$4,359$87,339
22$20,403$3,473$66,937
23$21,329$2,546$45,607
24$22,298$1,578$23,310
25$23,310$565$0

At the end of your 5-year term

Total paid over the term
$119,377
Principal paid down
$43,966
Interest paid
$75,411
Balance remaining
$315,874

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 23 whole-home leases in Concord$2,265/mo
$27,180Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,152 to $2,378Typical 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 23 whole-home leases in Concord signed at a median of $2,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,265. 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.

6.0%
Gross yield
− Property tax $2,308− Condo fees $6,471− Insurance $600− Vacancy & upkeep $2,990Net operating income $14,812

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

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