2701-2920 Hwy 7, Vaughan, ON

Concord, Vaughan · MLS® N14087478

$599,000
For Sale
Listed 4 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to this Bright and Elegant 2-bedroom, 2-bathroom luxury Condo offering sophisticated urban living in a Prime Vaughan location.
  • This beautifully designed suite features a spacious open-concept living and dining area, enhanced by floor-to-ceiling windows that fill the home with abundant natural...
  • The primary bedroom is a private retreat, featuring large sun-filled windows and a luxurious 3-piece ensuite.
  • This upscale residence also includes 1 underground parking space and is ideally situated near Jane St. and Hwy 7, just minutes from Vaughan Metropolitan Centre Subway...

Welcome to this Bright and Elegant 2-bedroom, 2-bathroom luxury Condo offering sophisticated urban living in a Prime Vaughan location. This beautifully designed suite features a spacious open-concept living and dining area, enhanced by floor-to-ceiling windows that fill the home with abundant natural light. The modern layout is perfect for both comfortable everyday living and stylish entertaining. The primary bedroom is a private retreat, featuring large sun-filled windows and a luxurious 3-piece ensuite. Step out onto the west-facing private balcony and enjoy stunning sunset views and open skies - the perfect space to relax. This upscale residence also includes 1 underground parking space and is ideally situated near Jane St. and Hwy 7, just minutes from Vaughan Metropolitan Centre Subway Station, major hospitals, GO Transit, public transit, and major highways. Enjoy effortless access to premier shopping, fine dining, entertainment, and everyday conveniences. Experience contemporary comfort, exceptional convenience, and vibrant city living - all in one remarkable home

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14087478
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Jane/Highway 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Foundation
Concrete
Maintenance
$491/mo
Exposure
West
Property tax
$1,641 / 2025
Days on market
4
Listing brokerage
RE/MAX GOLD REALTY INC.

Rooms

KitchenMain2.55 × 1.82 m

combined w/living · open concept · stainless steel appl

Living RoomMain5.15 × 2.44 m

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

BathroomMain0.00 × 0.00 m

3 Pc Bath

BathroomMain0.00 × 0.00 m

4 Pc Bath

Bedroom 2Main2.98 × 2.50 m

laminate · closet · window

Primary BedroomMain5.46 × 3.24 m

3 pc ensuite · closet · laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$586Klikely sale price

Listed at $599,000. Going by how homes in Vaughan Corporate Centre and the wider GTA have actually closed against their asking prices (about 98%, 28 local closings in 90 days), the likely sale price is near $586K, if it sells. A realistic range is $552K to $634K.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$552KBelow recent closings$634KAbove recent closings

Total price vs nearby homes. Likely closing about $586K, from 28 recent closings in this pocket.

The market behind the math:

28sold nearby · 90 days
$420Kmedian sold price
96%of asking, on average
−22%prices vs a year ago
~36 dayshomes like this take to sell
4days on market so far
$2,660/moest. rent · 415 leases
5.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.4 months of inventory: 60 condo apartment homes for sale in the area against 28 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 $799/sqft against an area asking average of $792/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 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $494K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($799/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 28 comparable homes that sold in Vaughan Corporate Centre over the past two years, from 286 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$591kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $862/sqft; this home lists at $799/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
599kThis home610k599k600k600k545kThis home vs active comparables

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.

Concord
$553K
West Woodbridge
$745K
Vellore Village
$492K
Maple
$600K
Brownridge
$557K

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
$120KIncome needed
5.0×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.

81%mortgage
Mortgage $2,730Property tax $137Condo fee $491Total carry $3,357

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)
$2,650per month

Mortgage amount $479,200 · 4.49% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,277Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,650
Property tax
$137
Condo / maintenance fees
$491
Heating
$0
Estimated monthly cost
$3,277

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
From 415 whole-home leases in Vaughan Corporate Centre$2,660/mo
$31,920Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,520 to $2,793Typical rent range
~19 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 415 whole-home leases in Vaughan Corporate Centre signed at a median of $2,250 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,660. 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.

5.3%
Gross yield
− Property tax $1,641− Condo fees $5,888− Insurance $600− Vacancy & upkeep $3,511Net operating income $20,280

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

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