$469,900

$489,900For salePrice drop↓ $20,000 (4%)

#1109 2920 Highway 7, Vaughan (Concord) - Single Family for Sale

#1109 2920 Highway 7, Vaughan (Concord), Ontario, L4K0P4

1 bed1 bath1 parking550 ft²$424/mo condo feeListed 52 days ago

Overview

This 1-bedroom, 1-bathroom condo in Vaughan is for sale offering roughly 550 sq ft of space. Listed at $469,900, it is attractively priced about 11% below the $528,888 median asking price in Vaughan. It has been on the market 52 days, fresher than the Vaughan average of 65 days.

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Description

Discover modern city living in this beautifully upgraded 1-bedroom suite! Offering approximately 560 sq. ft. of interior living space, plus a 33 sq. ft. private balcony with a desirable south-facing exposure, this 11th-floor suite is bright, modern, and thoughtfully designed. The efficient open-concept layout offers a comfortable living and dining area, a well-appointed kitchen, and a spacious bedroom filled with natural light. Enjoy the added convenience of 1 parking space and 1 locker, along with an impressive selection of building amenities, including an outdoor pool, modern fitness facilities, and more.Ideally located in the heart of Vaughan, you're just steps from shopping, restaurants, transit, entertainment, and major highways, with easy access to Vaughan Metropolitan Centre and everything the area has to offer.A fantastic opportunity for first-time buyers, professionals, investors, or anyone looking for a stylish, upgraded and move-in-ready home in one of Vaughan's sought-after condominium communities. (id:66096)

Property Details

MLS®: N13782966
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $424/mo
Fee Includes: Common Area Maintenance, Heat, Parking
Ownership: Condo/Strata
Property Tax: $2,755/yr
Listed: 52 days ago

Rooms

Flat

Bedroom: 3.18 x 2.92 meters
Family room: 4.01 x 2.91 meters
Kitchen: 3.28 x 1.78 meters
Dining room: 3.28 x 1.78 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Oven - Built-In
Exterior: Brick
Lot Features: Elevator, Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Vaughan (Concord) listings, avg age

65d

Price / ft²

$855

List price

$470K

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 1-bed single family in Vaughan (Concord) has been listed for 52 days, which is 13 days fresher than the city average of 65. Act while there is still low competition.

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Listed by CENTURY 21 REGAL REALTY INC. · OLIVIA TOMASSETTI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4K)

This home lists at $469,900, about 5.1× the local median household income of $92,000.

Carrying it typically needs a household income of about $91,788 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $92,000
Population: 20,172
Median age: 37.6
Owner / renter: 68% / 32%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4K)

$469,900· $855/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,495

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,856 capitalized)

Property tax (est.)$230/mo

Condo fee$424/mo

Total monthly$3,129

Cash Needed to Close

Down payment (5%)$23,495

Land transfer tax$5,873

Est. closing costs$3,910

Total cash needed$33,278

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