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New6 days ago

3007 - 2916 Highway 7 Road

Concord, Vaughan

$550,000

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

Welcome to this spacious 2-bedroom, 2-full-bathroom condo ideally located at Jane Street and Highway 7. Featuring a bright open-concept layout, generous living spaces, and a great view, this unit offers comfortable living in a highly convenient location. Enjoy easy access to transit, shopping, dining, major highways, and all that Vaughan has to offer. *Some photos virtually staged.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size800-899 sq. ft.
Maintenance Fees$693
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,944
mls© NumberN13711214
Listed ByRE/MAX WEST REALTY INC.
Heat Included
Common Elements Included
Building Insurance Included
Parking Included
CAC 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%
$2,815
Property tax
$245
Heat allowance
$150
Condo fees, half counted
$347
Housing costs
$3,557 / mo

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

Down payment20% · $110,000
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$110,000

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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