2916 Highway 7 Road Unit 1505, Vaughan

Price: $495,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: New Construction

MLS#: N13449544

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 walk-out to a spacious private balcony with plenty of room for outdoor furniture and panoramic city views. The versatile den is enclosed with sliding doors and features a mirrored closet, stacked washer and dryer, and direct access to a 4-piece ensuite bathroom, making it ideal as a second bedroom, home office, or guest suite. The spacious primary bedroom boasts a large window, custom his-and-hers closet organizers, and access to the beautifully appointed 4-piece ensuite bath. Residents enjoy an impressive collection of resort-inspired amenities including an indoor pool, fully equipped fitness centre, yoga studio, games room, party room, guest suites, community BBQ area, pet wash station, media room, playground, and 24-hour concierge service. Located in Vaughan's rapidly growing downtown core, you're just steps from the TTC Vaughan Metropolitan Centre Station, YRT and Viva transit, and minutes to Highways 7, 400 and 407, providing effortless access throughout the GTA. Surrounded by shopping, dining, entertainment, Cineplex Vaughan, Vaughan Mills, Canada's Wonderland, Cortellucci Vaughan Hospital, parks, and everyday conveniences, this exceptional condo offers the perfect combination of lifestyle, location, and value. **Contains Virtually Staged Photos**

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New Listing
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$495,000 - 2916 Highway 7 Road Unit 1505, Vaughan

New Construction for Sale in Vaughan

New — Listed yesterday
2Beds
2Baths
600Sq Ft
New Construction
Property Details
MLS Number
N13449544
Property Type
New Construction
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

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 walk-out to a spacious private balcony with plenty of room for outdoor furniture and panoramic city views. The versatile den is enclosed with sliding doors and features a mirrored closet, stacked washer and dryer, and direct access to a 4-piece ensuite bathroom, making it ideal as a second bedroom, home office, or guest suite. The spacious primary bedroom boasts a large window, custom his-and-hers closet organizers, and access to the beautifully appointed 4-piece ensuite bath. Residents enjoy an impressive collection of resort-inspired amenities including an indoor pool, fully equipped fitness centre, yoga studio, games room, party room, guest suites, community BBQ area, pet wash station, media room, playground, and 24-hour concierge service. Located in Vaughan's rapidly growing downtown core, you're just steps from the TTC Vaughan Metropolitan Centre Station, YRT and Viva transit, and minutes to Highways 7, 400 and 407, providing effortless access throughout the GTA. Surrounded by shopping, dining, entertainment, Cineplex Vaughan, Vaughan Mills, Canada's Wonderland, Cortellucci Vaughan Hospital, parks, and everyday conveniences, this exceptional condo offers the perfect combination of lifestyle, location, and value. **Contains Virtually Staged Photos**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,539.61/mo

Includes CMHC insurance ($13,811)

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5-yr fixed avg.

Principal: $445,500Interest: $302,571
Mortgage Amount$459,311
Total Interest$302,571
Est. Property Tax$351/mo
Total Cost$761,882

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Vaughan

Discover Vaughan

Vaughan is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Vaughan

  • Convenient location in Vaughan
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Vaughan offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2916 Highway 7 Road Unit 1505, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$351
Insurance (est.)-$103
Net Cash Flow+$1,946

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $825/sqft, this property is priced in line with current Vaughan market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Vaughan's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    2916 Highway 7 Road Unit 1505, Vaughan | $495,000 | Battaglia Team