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Listed 14 days ago

1506 - 2900 Hwy 7 Road

Concord, Vaughan

$539,000

Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home

Welcome to this bright and spacious 775 sq. ft. + 169 Sq. Ft. of a very large wrap-style balcony, 1-bedroom den suite, featuring 2 bathrooms and breathtaking unobstructed west-facing views from a high floor. Ideally located just minutes from Vaughan Metropolitan Centre Subway Station and steps to Highway 7, this exceptional unit offers unparalleled convenience with easy access to shopping, dining, entertainment, and Vaughan Mills. Attention Investors & End Users! AAA+ tenants are currently in place and are willing to either stay or vacate to accommodate the buyer's needs. A signed Form N11 is available. For investors, this is a rare opportunity to assume outstanding tenants who are responsible, reliable, and maintain the unit in excellent condition. The listing photos accurately reflect the unit's current condition and the tenants everyday living. Don't miss this incredible opportunity to own a beautiful suite in one of Vaughan's most sought-after communities!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$674
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,117
mls© NumberN13591838
Listed ByROYAL LEPAGE SIGNATURE REALTY
Heat Included
Water Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,759
Property tax
$260
Heat allowance
$150
Condo fees, half counted
$337
Housing costs
$3,505 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $107,800
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,268 / mo
Cash down
$107,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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