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New4 days ago

2851 Highway 7 Street

Concord, Vaughan

$599,999

Condo Apartment |
2 | 2 | 1
About this home

Brand New 2 Bed/2 Bath. Never Lived In. Assignment Sale. Fully Completed & Available for Immediate Occupancy. Originally purchased for $867K and includes premium upgrades throughout. Upgraded kitchen island provides extra counter and entertaining space, complemented by large windows and a massive 238 sq. ft. wraparound balcony. Parking & locker included. Amenities include an impressive oversized, fully equipped gym with everything you need - no outside gym membership required - plus an outdoor pool, cabanas & BBQ area, workstations, golf simulator, pool table and party room with private BBQ. Prime VMC location - steps to the subway, bus transit, 24/7 grocery, YMCA & library. Just 3 subway stops to York University, with Niagara University across the street. Surrounded by restaurants and everyday conveniences including Walmart, Mapletri Asian Supermarket, Costco & Cineplex. Lime e-scooters are available right outside the building, making it easy to get around VMC.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNew
Size700-799 sq. ft.
Maintenance Fees$622
LockerExclusive
BalconyTerrace
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1
Lot Size x
mls© NumberN13786454
Listed ByBAY STREET GROUP INC.

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%
$3,071
Property tax
$0
Heat allowance
$150
Condo fees, half counted
$311
Housing costs
$3,532 / mo

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

Down payment20% · $120,000
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,525 / mo
Cash down
$120,000

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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