3305-2916 Highway 7, Vaughan, ON

Concord, Vaughan · MLS® N14029094

$475,000
For Sale
Listed 5 days agoNo offer date stated

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1+1Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Enjoy luxury condo living in the heart of Vaughan with TTC subway and Viva transit at your doorstep.
  • This spacious 1-bedroom plus den suite offers 2 full bathrooms and a functional open-concept layout with immaculate finishes throughout.
  • Soaring 9-foot ceilings and floor-to-ceiling windows fill the suite with natural light.
  • Exceptional building amenities include concierge and security services, an indoor pool, fully equipped fitness centre, yoga room, BBQ area, games room, party/meeting...
  • Ideally located minutes from York University and shopping with easy access to Highways 400, 407 and 7.

Enjoy luxury condo living in the heart of Vaughan with TTC subway and Viva transit at your doorstep! This spacious 1-bedroom plus den suite offers 2 full bathrooms and a functional open-concept layout with immaculate finishes throughout. The generous den with a door provides flexible space for a home office or a small bedroom with private washroom & closet. Soaring 9-foot ceilings and floor-to-ceiling windows fill the suite with natural light. Walk out to your private balcony and enjoy clear, unobstructed north western views. The modern kitchen features quartz countertops, stainless steel and built-in appliances, and full-height cabinetry for extra storage. Freshly painted. Comes with locker and parking. Exceptional building amenities include concierge and security services, an indoor pool, fully equipped fitness centre, yoga room, BBQ area, games room, party/meeting room and guest suites. Ideally located minutes from York University and shopping with easy access to Highways 400, 407 and 7. A perfect blend of comfort, convenience and urban living!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14029094
Bedrooms
1+1 (2 total)
Bathrooms
2
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
$570/mo
Exposure
North West
Property tax
$2,510 / 2026
Days on market
5
Listing brokerage
RIGHT AT HOME REALTY INVESTMENTS GROUP

Rooms

Primary BedroomFlat2.90 × 2.74 m

4 pc ensuite · double closet · laminate

Living RoomFlat4.54 × 3.17 m

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

KitchenFlat4.11 × 2.61 m

ceramic backsplash · quartz counter · b/i appliances

Dining RoomFlat4.54 × 3.17 m

combined w/living · laminate

DenFlat2.10 × 2.41 m

double closet · laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Concord, Vaughan, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$2,165/mo
$103KIncome needed
4.6×Price ÷ income
$500Weekly cost
$5,975Land 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.

74%mortgage
Mortgage $2,165Property tax $209Condo fee $570Total carry $2,944

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)
$2,101per month

Mortgage amount $380,000 · 4.49% over 25 years

$95,000Down payment (20.0%)
$380,000Loan before insurance
$0CMHC premium
$2,880Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,101
Property tax
$209
Condo / maintenance fees
$570
Heating
$0
Estimated monthly cost
$2,880

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

One-time closing costs

Ontario land transfer tax
$5,975
Estimated closing costs
$5,975

Plus your down payment of $95,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,543/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

$250,326Total interest paid
$630,326Total of all payments
Principal $380,000 Interest $250,326
YearPrincipalInterestBalance
1$8,480$16,733$371,520
2$8,865$16,348$362,655
3$9,268$15,946$353,387
4$9,688$15,525$343,699
5$10,128$15,085$333,571
6$10,588$14,625$322,983
7$11,069$14,144$311,914
8$11,571$13,642$300,343
9$12,097$13,116$288,246
10$12,646$12,567$275,600
11$13,220$11,993$262,380
12$13,820$11,393$248,560
13$14,448$10,765$234,112
14$15,104$10,109$219,008
15$15,790$9,423$203,218
16$16,507$8,706$186,712
17$17,256$7,957$169,455
18$18,040$7,173$151,416
19$18,859$6,354$132,557
20$19,715$5,498$112,842
21$20,610$4,603$92,232
22$21,546$3,667$70,687
23$22,524$2,689$48,163
24$23,547$1,666$24,616
25$24,616$597$0

At the end of your 5-year term

Total paid over the term
$126,065
Principal paid down
$46,429
Interest paid
$79,636
Balance remaining
$333,571

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$2,050/mo
$24,600Gross annual rent
2.5%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.

5.2%
Gross yield
− Property tax $2,510− Condo fees $6,845− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,940

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

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