$599,900 - 2916 Highway 7 Road Unit 502, Vaughan
New Construction for Sale in Vaughan
Popular ListingNeighbourhood: Concord
- MLS Number
- N13659186
- Property Type
- New Construction
- Status
- active
- Days on Site
- 14
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- REBEST REALTY INC.
Welcome to this bright and spacious luxury condo in the heart of Vaughan! Featuring High ceilings, 2 bedrooms, 2 full bathrooms, and a versatile den ideal for a home office or study. This sun-filled south-east facing suite offers a functional open-concept layout with floor-to ceiling windows, creating a warm and inviting atmosphere with an abundance of natural light. The modern kitchen features stainless steel appliances, ample cabinetry, and overlooks the spacious living and dining areas-perfect for both everyday living and entertaining. Professionally painted with new flooring, this move-in-ready suite is beautifully refreshed and ready to enjoy. Includes one underground parking space and one locker conveniently located on the same level as the unit. Ideally located just steps from the subway, with easy access to Highways 400, 407, and 401. Close to shopping, grocery stores, restaurants, parks, entertainment, and York University. An exceptional opportunity offering the perfect combination of style, comfort, convenience, and location-ideal for professionals, families, or investors!
Estimate your monthly payments for this property
Estimated Payment
$3,077.80/mo
Includes CMHC insurance ($16,737)
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 502, Vaughan
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Rental income estimator & ROI calculator
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 $750/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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,500 (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.