905-2900 Highway 7 Road, Vaughan, ON

Concord, Vaughan · MLS® N14021038

$510,000
For Sale
Listed 6 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to this beautifully maintained 1+1 bedroom, 2 washroom condo in an excellent Vaughan location.
  • The bright and spacious interior boasts 9 ft ceilings, an upgraded kitchen with under-cabinet lighting, and ample storage throughout.
  • The generously sized primary bedroom includes a walk-in closet and a private ensuite bathroom for added comfort.
  • Residents enjoy access to top-tier building amenities, including a fitness centre, indoor pool, guest suite, and party room.
  • Just minutes to the Vaughan Metropolitan Centre TTC subway station and Viva Rapidway, making commuting a breeze.

Welcome to this beautifully maintained 1+1 bedroom, 2 washroom condo in an excellent Vaughan location! Thoughtfully designed with a functional layout, this unit features a versatile den that can easily be used as a home office or second bedroom-perfect for today's flexible lifestyle. The bright and spacious interior boasts 9 ft ceilings, an upgraded kitchen with under-cabinet lighting, and ample storage throughout. The generously sized primary bedroom includes a walk-in closet and a private ensuite bathroom for added comfort. Step out onto the large open balcony-ideal for relaxing or entertaining. Pride of ownership is evident throughout this well-kept unit. The condo features full-sized appliances thoughtfully positioned to maximize space while maintaining excellent functionality. Residents enjoy access to top-tier building amenities, including a fitness centre, indoor pool, guest suite, and party room. Conveniently located near shopping centres, restaurants, parks, public transportation, and major highways. Just minutes to the Vaughan Metropolitan Centre TTC subway station and Viva Rapidway, making commuting a breeze. An excellent opportunity to own in one of Vaughan's most desirable and connected communities!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14021038
Bedrooms
1+1 (2 total)
Bathrooms
2 (1 half)
Size
700-799 sq ft
Cross streets
Highway 7 / Jane St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$646/mo
Exposure
West
Property tax
$2,989 / 2026
Days on market
6
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Dining RoomMain5.09 × 3.82 m

laminate · combined w/living · open concept

DenMain3.15 × 2.10 m

laminate · open concept

Living RoomMain5.09 × 3.82 m

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

KitchenMain3.82 × 2.67 m

laminate · stainless steel appl · breakfast bar

BedroomMain4.43 × 2.91 m

laminate · 4 pc ensuite · walk-in closet(s)

Our TakeTeam Asgarian · Broker
A small discount is typical
$495Klikely sale price

Listed at $510,000. 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 $495K, if it sells. A realistic range is $467K to $536K.

Independent value check: $514K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $478K and $540K).

Why $514K. The typical condo sold in Concord over the past year went for about $520K (150 sales). What sets this one apart:

  • ▲ Raises itIt is 700 to 799 sq ft; the typical home sold here is 600 to 699.
  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $2,989 a year; the typical home sold here pays about $2,700.
List price
$467KBelow recent closings$536KAbove recent closings

Total price vs nearby homes. Likely closing about $495K, 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
6days on market so far
$2,500/moest. rent · 9 leases
5.9%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.8 months of inventory: 60 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 $680/sqft against an area asking average of $762/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 $504K. 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 9 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
$2,324/mo
$112KIncome needed
4.5×Price ÷ income
$536Weekly cost
$6,675Land 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.

72%mortgage
Mortgage $2,324Property tax $249Condo fee $646Total carry $3,220

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)
$2,256per month

Mortgage amount $408,000 · 4.49% over 25 years

$102,000Down payment (20.0%)
$408,000Loan before insurance
$0CMHC premium
$3,151Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,256
Property tax
$249
Condo / maintenance fees
$646
Heating
$0
Estimated monthly cost
$3,151

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

One-time closing costs

Ontario land transfer tax
$6,675
Estimated closing costs
$6,675

Plus your down payment of $102,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,730/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

$268,771Total interest paid
$676,771Total of all payments
Principal $408,000 Interest $268,771
YearPrincipalInterestBalance
1$9,105$17,966$398,895
2$9,518$17,553$389,377
3$9,950$17,120$379,427
4$10,402$16,669$369,024
5$10,874$16,196$358,150
6$11,368$15,703$346,782
7$11,884$15,186$334,897
8$12,424$14,647$322,473
9$12,988$14,083$309,485
10$13,578$13,493$295,908
11$14,194$12,877$281,713
12$14,839$12,232$266,874
13$15,512$11,558$251,362
14$16,217$10,854$235,145
15$16,953$10,118$218,192
16$17,723$9,348$200,469
17$18,528$8,543$181,942
18$19,369$7,702$162,573
19$20,248$6,823$142,325
20$21,168$5,903$121,157
21$22,129$4,942$99,028
22$23,133$3,937$75,895
23$24,184$2,887$51,711
24$25,282$1,789$26,430
25$26,430$641$0

At the end of your 5-year term

Total paid over the term
$135,354
Principal paid down
$49,850
Interest paid
$85,504
Balance remaining
$358,150

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 9 whole-home leases in Concord$2,500/mo
$30,000Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,300 to $2,700Typical 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 9 whole-home leases in Concord signed at a median of $2,650 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,500. 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.

5.9%
Gross yield
− Property tax $2,989− Condo fees $7,754− Insurance $600− Vacancy & upkeep $3,300Net operating income $15,357

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

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