$469,900

For sale

#1402 5279 Highway 7, Vaughan (Vaughan Grove) - Single Family for Sale

#1402 5279 Highway 7, Vaughan (Vaughan Grove), Ontario, L4L0J1

1 bed1 bath1 parking550 ft²$296/mo condo feeListed 35 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 22% below the $599,999 median asking price in Vaughan. It has been on the market 35 days, fresher than the Vaughan average of 51 days.

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Description

Welcome to this stunning one-bedroom CORNER Stack Townhouse that perfectly blends charm, elegance, and modern convenience. Featuring soaring 9-foot ceilings, large floor-to-ceiling windows, and modern laminate flooring, the bright open-concept layout creates an inviting atmosphere throughout. The chic kitchen is complete with sleek granite countertops, a breakfast bar, and four stainless steel appliances, flowing seamlessly into the living and dining area with a walk-out to a private outdoor balcony. The primary retreat offers generous space with a functional double closet, complemented by a convenient in-suite laundry room with extra storage and a large foyer. Complete with an underground parking spot and a dedicated storage locker, this exceptional property is ideally situated just moments from top-rated schools, trendy boutiques, popular restaurants, parks, public transit, the subway, and major highways. Perfect for first-time buyers looking to break into the market at a reasonable price or anyone seeking a stylish urban lifestyle, this immaculate home delivers unmatched value. (id:66096)

Property Details

MLS®: N13845338
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, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $296/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $2,554.83/yr
Listed: 35 days ago

Features

Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Vaughan (Vaughan Grove) listings, avg age

51d

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 (Vaughan Grove) has been listed for 35 days, which is 16 days fresher than the city average of 51. Act while there is still low competition.

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Listed by RE/MAX REAL ESTATE CENTRE INC. · GOLDY CHATHA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4L)

This home lists at $469,900, about 4.3× the local median household income of $110,000.

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: $110,000
Population: 55,426
Median age: 48
Owner / renter: 85% / 15%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L4L)

$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.)$213/mo

Condo fee$296/mo

Total monthly$2,984

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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