$570,000 - 2916 Highway 7 Road Unit 3307, Vaughan
Condo for Sale in Vaughan
Neighbourhood: Concord
- MLS Number
- N13614832
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Vaughan
- Locker
- Exclusive
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Step Into Luxury With This Bright And Modern 2-Bedroom, 2-Bathroom Residence Nestled In Downtown Vaughan. Highlighted By Soaring 9-Foot Ceilings And Elegant Hardwood Flooring Throughout, This Bright Home Features Floor-To-Ceiling Windows Capturing Spectacular Unobstructed Southwest Vistas. The Fluid Open-Concept Design Effortlessly Merges The Generous Living And Dining Spaces With An Upgraded Kitchen Complete With Quartz Countertops And An Executive Backsplash. Step Out To Your Private Enclosed Balcony To Unwind Or Enjoy Your Morning Brew. Complete With In-Suite Laundry, This Property Offers Unrivaled Accessibility Just Moments From The Vaughan Metropolitan Centre TTC Subway Station, Cortellucci Vaughan Hospital, Vaughan Mills, Canada's Wonderland, Costco, IKEA, Local Parks, Dining, And Highways 400/407. *Some photos are virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$2,924.40/mo
Includes CMHC insurance ($15,903)
5-yr fixed avg.
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.
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
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.
2916 Highway 7 Road Unit 3307, Vaughan
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $713/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.
Market Position
At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.