2604-2920 Highway 7, Vaughan, ON

Concord, Vaughan · MLS® N13858286

$589,000
For Sale
Listed 16 days agoNo offer date stated
2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to this stunning 1-year-old condo located in the sought-after CG Tower at Highway 7 & Jane.
  • This modern unit features 2 spacious bedrooms and 2 full bathrooms, thoughtfully designed for comfort and functionality.
  • Enjoy an open-concept layout with contemporary finishes, perfect for both everyday living and entertaining.
  • Comes with 1 parking space for added convenience.
  • Ideally situated close to transit, shopping, dining, and major highways, this is an excellent opportunity to own in a vibrant and growing community.

Welcome to this stunning 1-year-old condo located in the sought-after CG Tower at Highway 7 & Jane. This modern unit features 2 spacious bedrooms and 2 full bathrooms, thoughtfully designed for comfort and functionality. Enjoy an open-concept layout with contemporary finishes, perfect for both everyday living and entertaining. Comes with 1 parking space for added convenience. Residents have access to an impressive selection of building amenities, offering a lifestyle of comfort and luxury. Ideally situated close to transit, shopping, dining, and major highways, this is an excellent opportunity to own in a vibrant and growing community.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13858286
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Highway 7/Jane St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$530/mo
Exposure
East
Property tax
$3,556 / 2026
Days on market
16
Listing brokerage
INTERCITY REALTY INC.

Rooms

Primary BedroomFlat0.00 × 0.00 m

walk-in closet(s) · 3 pc ensuite · laminate

KitchenFlat0.00 × 0.00 m

quartz counter · stainless steel appl

Living RoomFlat0.00 × 0.00 m

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

Dining RoomFlat0.00 × 0.00 m

combined w/living · laminate

Bedroom 2Flat0.00 × 0.00 m

laminate · large closet · window

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

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
$524K
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
$2,684/mo
$125KIncome needed
4.7×Price ÷ income
$619Weekly cost
$8,255Land 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 $2,684Property tax $296Condo fee $530Total carry $3,511

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)
$2,605per month

Mortgage amount $471,200 · 4.49% over 25 years

$117,800Down payment (20.0%)
$471,200Loan before insurance
$0CMHC premium
$3,432Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,605
Property tax
$296
Condo / maintenance fees
$530
Heating
$0
Estimated monthly cost
$3,432

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

One-time closing costs

Ontario land transfer tax
$8,255
Estimated closing costs
$8,255

Plus your down payment of $117,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,153/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

$310,404Total interest paid
$781,604Total of all payments
Principal $471,200 Interest $310,404
YearPrincipalInterestBalance
1$10,515$20,749$460,685
2$10,993$20,272$449,692
3$11,492$19,772$438,200
4$12,013$19,251$426,187
5$12,559$18,705$413,628
6$13,129$18,135$400,499
7$13,725$17,539$386,774
8$14,348$16,916$372,425
9$15,000$16,264$357,425
10$15,681$15,583$341,744
11$16,393$14,871$325,351
12$17,137$14,127$308,214
13$17,915$13,349$290,298
14$18,729$12,535$271,570
15$19,579$11,685$251,990
16$20,468$10,796$231,522
17$21,398$9,867$210,125
18$22,369$8,895$187,756
19$23,385$7,879$164,371
20$24,446$6,818$139,925
21$25,556$5,708$114,368
22$26,717$4,547$87,651
23$27,930$3,334$59,722
24$29,198$2,066$30,524
25$30,524$740$0

At the end of your 5-year term

Total paid over the term
$156,321
Principal paid down
$57,572
Interest paid
$98,749
Balance remaining
$413,628

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$2,700/mo
$32,400Gross annual rent
3.1%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.

5.5%
Gross yield
− Property tax $3,556− Condo fees $6,360− Insurance $600− Vacancy & upkeep $3,564Net operating income $18,320

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

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