$469,000 - 2920 Highway 7 Highway Unit 3507, Vaughan
Condo for Sale in Vaughan
44 days on marketNeighbourhood: Concord
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- MLS Number
- N13708910
- Property Type
- Condo
- Status
- active
- Days on Site
- 44
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Vaughan
- Taxes (2026)
- $1,489
- Maintenance Fees
- $398/mo
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- EXP REALTY
Top Things to Love About This Property: Built by renowned developer Cortel Group, this thoughtfully designed 1+1 suite combines modern style with a highly functional layout. Enjoy 9-ft ceilings, floor-to-ceiling windows, an open-concept living and dining area, a spacious den ideal for a home office or flexible guest space, a private enclosed balcony and convenient ensuite laundry. The building offers an impressive collection of amenities designed for both everyday living and entertaining, including 24-hour concierge, fitness centre, yoga studio, outdoor pool, rooftop terrace, BBQ areas, media room, library, children's play areas, pet spa and parcel storage. Ideally situated in the heart of the Vaughan Metropolitan Centre, this home offers excellent connectivity to transit, major highways, shopping, dining, recreation and entertainment. Enjoy convenient access to the VMC subway station, VIVA and York Region Transit, Highway 7 and Highways 400 and 407. York University, Vaughan Mills, Edgeley Pond & Park, restaurants, cafes, shops, and everyday conveniences are all within the surrounding community. A well-connected location offering the convenience of urban living with an extensive range of amenities and services close at hand.
Estimate your monthly payments for this property
Estimated Payment
$2,406.21/mo
Includes CMHC insurance ($13,085)
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.
2920 Highway 7 Highway Unit 3507, 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 $782/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 44 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. The $398/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 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.
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.