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$580K · 2 bed Condo Apartment · Concord, Vaughan | MyPropertyScout

$580,000

Unit 2607

22Vacant

Map

$580,000

D●●●○○DOM10days

Unit 2607

2908 Highway 7 Road · Vaughan · Ontario L4K 1V5

MLS® N13444822 · Concord · L4K 1V5

22Vacant800-899 ft²Condo Apartment1-car Underground10d$683/ft²$2,865 tax/yrBuilt 20233 yrs old

5% above market · 10 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Beautiful 2 Bedrooms, 2 Washrooms Condo located in the heart of the City of Vaughan next to the Vaughan Metropolitan Centre and Subway. Gorgeous Upgraded Kitchen W/Quartz Countertop, Backsplash, Ensuite Laundry, Large Living & Dining, Harwood Floors, Floor To Ceiling Windows, 9Ft Ceiling, North-West View with no obstructions.Close To York University Steps To Mall, Park, Plaza, Major Highways Modern Building W/Exercise Rm, Concierge, Gym, Yoga & Party Rm, Movie Theatre, Guest Suites, Indoor Swimm…

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Property details

MLS#: N13444822
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 800-899
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Clear View, Hospital, Park, Public Transit, School

Condo corp #: 1456
Balcony: Open
Locker: Owned
Association amenities: Concierge, Gym, Indoor Pool, Party Room/Meeting Room, Visitor Parking
Fees include: Heat Included, Building Insurance Included, Parking Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Highway 7 Rd /Creditstone Rd
Basement: None
Stories: 26
Utilities: —
Laundry: Ensuite
Interior: None
Parking features: None

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Foyer	1.66m × 2.33m
Main	Kitchen	2.6m × 2.9m
Main	Living Room	3.72m × 4m
Main	Dining Room	3.72m × 4m
Main	Primary Bedroom	2.36m × 3.2m
Main	Bedroom	2.83m × 3.4m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX EXCEL REALTY LTD.

Source: TRREB/PROPTX · MLS® N13444822

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$580K

Unit 2607 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $580,000✓ $2,865 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,177/mo

incl. closing costs (yr 1)

Annual total

$62,125

year 1

Mortgage only

$2,200/mo

principal + interest

Beyond mortgage

$1,845/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$116,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$239/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,800/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$58/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,075

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $26,404/yr

Property taxes18% $10,940/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,800/yr

Condo fees13% $8,321/yr

Closing costs8% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$26,404	$2,200/mo
Government & taxes
Property tax	$2,865	$239/mo
Land transfer tax(closing)	$8,075	$673/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,800	$483/mo
Condo fees
Condo / HOA fees	$8,321	$693/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$62,125	$5,177/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 2607

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs