3301-2920 Highway 7, Vaughan, ON

Concord, Vaughan · MLS® N13878240

$599,000
For Sale
Listed 11 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Experience elevated condo living in this stunning 2-bedroom, 2-bathroom suite ideally situated along Highway 7! Showcasing spectacular, unobstructed views that...
  • This is a PREMIUM unit, offering over 900 sq ft of living space, 9ft high ceilings, wide hallways and a parking spot.
  • GC Tower, Vaughan's tallest skyscraper, offers high end amenities like a pet spa, outdoor pool, wellness centre, BBQ lounge, patios, dinner and a movie room, and even...

***Experience elevated condo living in this stunning 2-bedroom, 2-bathroom suite ideally situated along Highway 7!*** Showcasing spectacular, unobstructed views that stretch for miles, this residence boasts a thoughtfully designed open-concept layout. The kitchen flows seamlessly into a spacious, sun-filled main living area, all complimented by sophisticated neutral finishes that create a calm, airy, and refined atmosphere. This is a PREMIUM unit, offering over 900 sq ft of living space, 9ft high ceilings, wide hallways and a parking spot. Step out onto a generous private balcony and enjoy breathtaking, panoramic views-perfect for relaxing or entertaining. GC Tower, Vaughan's tallest skyscraper, offers high end amenities like a pet spa, outdoor pool, wellness centre, BBQ lounge, patios, dinner and a movie room, and even a boardroom! Green spaces and play areas nestled throughout the community. An exceptional opportunity for first-time buyers, young families, downsizers, or savvy investors seeking style, comfort, and convenience in a prime location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13878240
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Jane St & Hwy 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$670/mo
Exposure
South
Property tax
$4,059 / 2025
Days on market
11
Listing brokerage
REMAX YOUR COMMUNITY REALTY
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
$2,730/mo
$131KIncome needed
4.6×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.

73%mortgage
Mortgage $2,730Property tax $338Condo fee $670Total carry $3,738

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
$3,658Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,650
Property tax
$338
Condo / maintenance fees
$670
Heating
$0
Estimated monthly cost
$3,658

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
Estimate$3,050/mo
$36,600Gross annual rent
3.3%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.

6.1%
Gross yield
− Property tax $4,059− Condo fees $8,040− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,875

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

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