312-2910 Highway No, 7 Road, Vaughan, ON

Concord, Vaughan · MLS® N13860812

$559,000
For Sale
Listed 14 days agoNo offer date stated

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1+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • This large corner unit has all the space you need.
  • 1,033 sqft of livingspace with 1 bedroom and a large den, 2 bathrooms, large kitchen with centre island and a walk out balcony off the living area.
  • Condo within 5 minute walk to Vaughan Metropolitan Subway, shopping, entertainment, restaurants, schools, highway 400.
  • Condo amenities include Gym, Sauna, indoor pool, game room, party room and BBQ area.

Welcome to Expo 1. This large corner unit has all the space you need. 1,033 sqft of livingspace with 1 bedroom and a large den, 2 bathrooms, large kitchen with centre island and a walk out balcony off the living area. Flat ceiling throughout. Condo within 5 minute walk to Vaughan Metropolitan Subway, shopping, entertainment, restaurants, schools, highway 400. Condo amenities include Gym, Sauna, indoor pool, game room, party room and BBQ area.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13860812
Bedrooms
1+1 (2 total)
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Highway 7 & Creditstone
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$899/mo
Exposure
West
Property tax
$3,605 / 2026
Days on market
14
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Primary BedroomFlat5.11 × 3.05 m

laminate · 4 pc ensuite · closet

DenFlat3.30 × 2.44 m

laminate · separate room

Living RoomFlat4.93 × 6.20 m

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

KitchenFlat3.81 × 2.16 m

quartz counter · stainless steel appl · breakfast bar

Our TakeTeam Asgarian · Broker
A small discount is typical
$543Klikely sale price

Listed at $559,000. 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 $543K, if it sells. A realistic range is $511K to $587K.

Independent value check: $620K. Without looking at the asking price, our model values the home itself about 11% above the ask (homes like it typically land between $577K and $652K).

Why $620K. 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 1,000 to 1,199 sq ft; the typical home sold here is 600 to 699.
  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,605 a year; the typical home sold here pays about $2,700.
List price
$511KBelow recent closings$587KAbove recent closings

Total price vs nearby homes. Likely closing about $543K, 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
14days on market so far
$3,025/moest. rent · 5 leases
6.5%gross yield on the ask
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 $611K. 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 12 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.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,548/mo
$127KIncome needed
4.4×Price ÷ income
$588Weekly cost
$7,655Land 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.

68%mortgage
Mortgage $2,548Property tax $300Condo fee $899Total carry $3,748

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)
$2,473per month

Mortgage amount $447,200 · 4.49% over 25 years

$111,800Down payment (20.0%)
$447,200Loan before insurance
$0CMHC premium
$3,672Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,473
Property tax
$300
Condo / maintenance fees
$899
Heating
$0
Estimated monthly cost
$3,672

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

One-time closing costs

Ontario land transfer tax
$7,655
Estimated closing costs
$7,655

Plus your down payment of $111,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,993/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

$294,594Total interest paid
$741,794Total of all payments
Principal $447,200 Interest $294,594
YearPrincipalInterestBalance
1$9,980$19,692$437,220
2$10,433$19,239$426,788
3$10,906$18,765$415,881
4$11,402$18,270$404,480
5$11,919$17,752$392,560
6$12,460$17,211$380,100
7$13,026$16,646$367,074
8$13,618$16,054$353,456
9$14,236$15,436$339,220
10$14,882$14,789$324,338
11$15,558$14,114$308,780
12$16,264$13,407$292,515
13$17,003$12,669$275,512
14$17,775$11,897$257,738
15$18,582$11,090$239,156
16$19,426$10,246$219,730
17$20,308$9,364$199,422
18$21,230$8,442$178,193
19$22,194$7,478$155,999
20$23,201$6,470$132,798
21$24,255$5,417$108,543
22$25,356$4,316$83,187
23$26,507$3,164$56,680
24$27,711$1,961$28,969
25$28,969$703$0

At the end of your 5-year term

Total paid over the term
$148,359
Principal paid down
$54,640
Interest paid
$93,719
Balance remaining
$392,560

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$3,025/mo
$36,300Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,662 to $3,388Typical 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 $3,025. 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.

6.5%
Gross yield
− Property tax $3,605− Condo fees $10,794− Insurance $600− Vacancy & upkeep $3,993Net operating income $17,309

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

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