2900 Highway 7 Road Unit 2803, Vaughan

Price: $680,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13504568

Welcome to Expo Tower 1, ideally situated just steps from the Vaughan Metropolitan Centre Subway and Transit Hub. This bright and spacious 2-bedroom, 2-bathroom corner suite offers approximately 1,140 sq. ft. of functional, well-designed living space with unobstructed south-facing views. Featuring a desirable split-bedroom layout for added privacy, this move-in-ready home showcases 9-ft ceilings, floor-to-ceiling windows, laminate flooringthroughout, and an open-concept living and dining area filled with natural light. The upgraded kitchen is equipped with granite countertops, backsplash, extended cabinetry, stainless steel appliances, and a functional island ideal for everyday living and entertaining. The generous primary bedroom includes a walk-in closet and private ensuite, while the second bedroom offers excellent flexibility for family, guests, or a home office. Thoughtfully maintained and updated, the suite also features refreshed bathroom fixtures and a recently replaced dishwasher. Complete with owned underground parking and a private locker. Residents enjoy access to exceptional building amenities including 24-hour concierge, indoor pool, fitness and yoga facilities, party room, guest suites, games room, media room, and more. The building also features a convenient on-site convenience store for everyday essentials. Conveniently located near Vaughan Mills, Canada's Wonderland, York University, major highways, shopping, dining, and everyday conveniences.Amazing amenities. Bonus: The unit includes an underground exclusive parking space and storage locker with easy access to elevator!

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New Listing
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$680,000 - 2900 Highway 7 Road Unit 2803, Vaughan

Condo for Sale in Vaughan

New — Listed 7 days ago

Neighbourhood: Concord

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13504568
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Vaughan
Locker
Exclusive
Exposure
South
Balcony
Open
Listing Brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Description

Welcome to Expo Tower 1, ideally situated just steps from the Vaughan Metropolitan Centre Subway and Transit Hub. This bright and spacious 2-bedroom, 2-bathroom corner suite offers approximately 1,140 sq. ft. of functional, well-designed living space with unobstructed south-facing views. Featuring a desirable split-bedroom layout for added privacy, this move-in-ready home showcases 9-ft ceilings, floor-to-ceiling windows, laminate flooringthroughout, and an open-concept living and dining area filled with natural light. The upgraded kitchen is equipped with granite countertops, backsplash, extended cabinetry, stainless steel appliances, and a functional island ideal for everyday living and entertaining. The generous primary bedroom includes a walk-in closet and private ensuite, while the second bedroom offers excellent flexibility for family, guests, or a home office. Thoughtfully maintained and updated, the suite also features refreshed bathroom fixtures and a recently replaced dishwasher. Complete with owned underground parking and a private locker. Residents enjoy access to exceptional building amenities including 24-hour concierge, indoor pool, fitness and yoga facilities, party room, guest suites, games room, media room, and more. The building also features a convenient on-site convenience store for everyday essentials. Conveniently located near Vaughan Mills, Canada's Wonderland, York University, major highways, shopping, dining, and everyday conveniences.Amazing amenities. Bonus: The unit includes an underground exclusive parking space and storage locker with easy access to elevator!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,488.75/mo

Includes CMHC insurance ($18,972)

$
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5%10%50%

5-yr fixed avg.

Principal: $612,000Interest: $415,654
Mortgage Amount$630,972
Total Interest$415,654
Est. Property Tax$482/mo
Total Cost$1,046,626

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Concord

Discover Concord

Concord is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Concord

  • Convenient location in Vaughan
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Concord offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2900 Highway 7 Road Unit 2803, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$482
Insurance (est.)-$142
Net Cash Flow+$1,086

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $680/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Vaughan's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

About Concord

I know Concord well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Vaughan properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    2900 Highway 7 Road Unit 2803, Vaughan | $680,000 | Battaglia Team