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$495K · 1+1 bed Condo Apartment · Concord, Vaughan | MyPropertyScout

$495,000

Unit 1505

1+12TenantOccupied

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$495,000

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Unit 1505

Nord West · 2916 Highway 7 Road · Vaughan · Ontario L4K 0K6

MLS® N13449544 · Concord · L4K 0K6

1+12TenantOccupied600-699 ft²Condo Apartment1-car Underground9d$762/ft²$2,476 tax/yrBuilt 20251 yr old

10% below market · 9 days on market

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

About this home

Perfect for first-time buyers, young professionals, or savvy investors, this modern 1-bedroom plus den suite in the sought-after Nord West Condos offers stylish, functional living in the heart of Vaughan Metropolitan Centre. Featuring approximately 649 sq. ft. of thoughtfully designed living space with laminate flooring throughout, this bright open-concept unit seamlessly blends the kitchen, dining, and living areas, highlighted by quartz countertops, built-in appliances, large windows, and a wa…

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Property details

MLS#: N13449544
Status: Buy Now
Beds: 1+1
Baths: 2 full, 0 half
Size: 600-699
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Hospital, Park, Public Transit, Rec./Commun.Centre, School, Place Of Worship

View: City, Clear, Panoramic, Skyline, Trees/Woods

Building name: Nord West
Condo corp #: 1456
Balcony: Open
Locker: Owned
Association amenities: Exercise Room, Game Room, Indoor Pool, Party Room/Meeting Room, Playground, Media Room
Fees include: Common Elements Included, Building Insurance Included, Parking Included, Heat Included, CAC 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 · Controlled Entry, Landscaped, Lighting, Recreational Area, Year Round Living
Fronting on: —
Cross street: Highway 7 & Jane St.
Basement: None
Stories: 15
Utilities: —
Laundry: In-Suite Laundry, Laundry Closet
Interior: Auto Garage Door Remote, Primary Bedroom - Main Floor, Carpet Free, Built-In Oven, Countertop Range, Storage Area Lockers, Water Heater
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Flat	Living Room	3.34m × 4.4m
Flat	Dining Room	3.34m × 4.4m
Flat	Kitchen	2.54m × 3.31m
Flat	Primary Bedroom	2.8m × 3.65m
Flat	Bathroom	1.81m × 2.35m
Flat	Den	2.21m × 2.07m
Flat	Bathroom	1.81m × 1.53m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: SUTTON GROUP-ADMIRAL REALTY INC.

Source: TRREB/PROPTX · MLS® N13449544

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$495K

Unit 1505 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $495,000✓ $2,476 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,487/mo

incl. closing costs (yr 1)

Annual total

$53,841

year 1

Mortgage only

$1,878/mo

principal + interest

Beyond mortgage

$1,619/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$99,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$206/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 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%$4,950/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)$48/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,375

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $22,535/yr

Property taxes16% $8,851/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,950/yr

Condo fees13% $6,845/yr

Closing costs9% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$22,535	$1,878/mo
Government & taxes
Property tax	$2,476	$206/mo
Land transfer tax(closing)	$6,375	$531/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%)	$4,950	$413/mo
Condo fees
Condo / HOA fees	$6,845	$570/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	$53,841	$4,487/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 1505

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs