3405-2900 Highway 7, Vaughan, ON

Concord, Vaughan · MLS® N13851470

$505,000
For Sale
Listed 18 days agoNo offer date stated
Request a showing
◎ Directions
1+1Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Sun-Filled High-Floor 1 Bedroom + Den 2 Bathroom Condo in Coveted Expo City.
  • This spacious, open-concept condo features floor-to-ceiling west-facing windows, a large balcony, and 9-foot smooth ceilings that fill the space with natural light...
  • Additional features include remote-controlled tulle blinds, a brand-new electric stove, and a 2024 refrigerator.
  • These include an indoor swimming pool, sauna, and steam showers, as well as change rooms and a fully equipped fitness centre with a yoga and pilates studio.
  • Additional conveniences include 24-hour concierge service, high-speed elevators, secure indoor and visitor parking, and pet-friendly, fully accessible common areas.

Excellent Location! Sun-Filled High-Floor 1 Bedroom + Den 2 Bathroom Condo in Coveted Expo City! Welcome to this stunning, well-maintained unit in the highly coveted Expo City, located in the vibrant Vaughan Metropolitan Centre! This spacious, open-concept condo features floor-to-ceiling west-facing windows, a large balcony, and 9-foot smooth ceilings that fill the space with natural light and create a bright, airy atmosphere. The freshly painted suite is move-in ready and boasts several modern upgrades including a sleek white glossy kitchen with under-cabinet lighting, granite tile flooring at the entrance, and matching cabinet doors. Additional features include remote-controlled tulle blinds, a brand-new electric stove, and a 2024 refrigerator. The generous-sized bedroom includes a four-piece ensuite bathroom, and the separate den offers the perfect space for a home office or guest area. Residents of Expo City enjoy access to an impressive array of amenities. These include an indoor swimming pool, sauna, and steam showers, as well as change rooms and a fully equipped fitness centre with a yoga and pilates studio. The building also offers a media room, games and multi-purpose rooms, a party room with a full kitchen, a furnished guest suite, and a rooftop terrace with BBQ facilities. Additional conveniences include 24-hour concierge service, high-speed elevators, secure indoor and visitor parking, and pet-friendly, fully accessible common areas. Locker facilities and a tri-sort recycling system are also available. Ideally located near major highways including Highway 400 and 407, this condo is just steps from the Vaughan Metropolitan Centre TTC subway station and Viva rapidway. It is also close to York University, shopping, dining, entertainment, and all essential amenities, making it the perfect combination of luxury living and unbeatable convenience!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13851470
Bedrooms
1+1 (2 total)
Bathrooms
2 (1 half)
Size
600-699 sq ft
Cross streets
Jane/HWY 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$607/mo
Exposure
West
Property tax
$2,997 / 2025
Days on market
18
Listing brokerage
ROYAL TEAM REALTY INC.

Rooms

Dining RoomMain2.44 × 3.66 m

combined w/living · open concept · w/o to balcony

Primary BedroomMain2.74 × 3.35 m

4 pc ensuite · window floor to ceiling · closet

Living RoomMain2.44 × 3.66 m

open concept · combined w/dining · window floor to ceiling

DenMain2.14 × 3.05 m
KitchenMain2.44 × 3.66 m

modern kitchen · stainless steel appl · stone counters

Our TakeTeam Asgarian · Broker
A small discount is typical
$490Klikely sale price

Listed at $505,000. 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 $490K, if it sells. A realistic range is $462K to $531K.

Independent value check: $517K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $481K and $543K).

Why $517K. The typical condo sold in Concord over the past year went for about $520K (150 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $2,997 a year; the typical home sold here pays about $2,700.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$462KBelow recent closings$531KAbove recent closings

Total price vs nearby homes. Likely closing about $490K, 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
18days on market so far
$2,292/moest. rent · 5 leases
5.4%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.3 months of inventory: 55 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 $778/sqft against an area asking average of $765/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 $496K. Condition and finishes remain an in-person call.

What the listing highlights2 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
  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 4 homes sold in this building over the past two years, plus 1 nearby in Concord, 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
$2,302/mo
$111KIncome needed
4.6×Price ÷ income
$531Weekly cost
$6,575Land 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 $2,302Property tax $250Condo fee $607Total carry $3,158

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)
$2,234per month

Mortgage amount $404,000 · 4.49% over 25 years

$101,000Down payment (20.0%)
$404,000Loan before insurance
$0CMHC premium
$3,091Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,234
Property tax
$250
Condo / maintenance fees
$607
Heating
$0
Estimated monthly cost
$3,091

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

One-time closing costs

Ontario land transfer tax
$6,575
Estimated closing costs
$6,575

Plus your down payment of $101,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,704/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

$266,136Total interest paid
$670,136Total of all payments
Principal $404,000 Interest $266,136
YearPrincipalInterestBalance
1$9,016$17,790$394,984
2$9,425$17,381$385,560
3$9,853$16,953$375,707
4$10,300$16,505$365,407
5$10,768$16,038$354,639
6$11,257$15,549$343,382
7$11,768$15,038$331,614
8$12,302$14,503$319,312
9$12,861$13,945$306,451
10$13,445$13,361$293,006
11$14,055$12,750$278,951
12$14,693$12,112$264,258
13$15,360$11,445$248,898
14$16,058$10,748$232,840
15$16,787$10,019$216,053
16$17,549$9,256$198,504
17$18,346$8,460$180,158
18$19,179$7,627$160,979
19$20,050$6,756$140,929
20$20,960$5,845$119,969
21$21,912$4,894$98,058
22$22,907$3,899$75,151
23$23,947$2,859$51,204
24$25,034$1,772$26,171
25$26,171$635$0

At the end of your 5-year term

Total paid over the term
$134,027
Principal paid down
$49,361
Interest paid
$84,666
Balance remaining
$354,639

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 5 whole-home leases in Concord$2,292/mo
$27,504Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,017 to $2,567Typical 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 5 whole-home leases in Concord signed at a median of $2,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,292. 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.

5.4%
Gross yield
− Property tax $2,997− Condo fees $7,280− Insurance $600− Vacancy & upkeep $3,025Net operating income $13,602

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

CallRequest a showing