$629,000

For saleJust listed

#1606 1 Clark Avenue, Vaughan (Crestwood-Springfarm-Yorkhill) - Single Family for Sale

#1606 1 Clark Avenue, Vaughan (Crestwood-Springfarm-Yorkhill), Ontario, L4J7Y6

2 beds2 baths1 parking1,300 ft²$1,259/mo condo feeListed 5 days ago

Overview

This 2-bedroom, 2-bathroom condo in Vaughan is for sale offering roughly 1,300 sq ft of space. Listed at $629,000, it is attractively priced about 9% below the $689,900 median asking price in Vaughan. It has been on the market 5 days, fresher than the Vaughan average of 63 days.

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Description

Welcome to Suite 1606 at 1 Clark Avenue West! An exceptional opportunity to own a spacious 2-bedroom, 2-bathroom condominium offering approximately 1,365 sq. ft. of living space in a well-established Thornhill building. Featuring desirable north and west exposures, this generously proportioned suite boasts an expansive living and dining area, with the former solarium incorporated into the living room to create an exceptionally large and versatile space, perfect for entertaining or everyday living. The primary bedroom features a private balcony, offering a wonderful outdoor retreat. With generously sized principal rooms and a functional layout, this suite presents an excellent opportunity to renovate and customize to your personal taste. Includes one underground parking space and one locker. Maintenance fees conveniently include utilities, cable television and internet. Ideally located steps from shopping, restaurants, transit and everyday amenities, with convenient access to Yonge Street and major highways. A fantastic opportunity to enjoy generous living space in a highly desirable Thornhill location! (id:66096)

Property Details

MLS®: N14132090
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,259/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,890/yr
Listed: 5 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Vaughan (Crestwood-Springfarm-Yorkhill) listings, avg age

63d

Price / ft²

$484

List price

$629K

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 2-bed single family in Vaughan (Crestwood-Springfarm-Yorkhill) has been listed for 5 days, which is 58 days fresher than the city average of 63. Act while there is still low competition.

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Listed by FOREST HILL REAL ESTATE INC. · MICHAEL SHAWN STEINMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4J)

This home lists at $629,000, about 5.5× the local median household income of $115,000.

Carrying it typically needs a household income of about $122,866 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.

Median household income: $115,000
Population: 75,120
Median age: 45.6
Owner / renter: 85% / 15%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L4J)

$629,000· $484/ft²

For sale

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Full Cost Breakdown

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Down Payment6.03% · $37,900

Min 6.03%50%

Mortgage payment$3,277/mo

↳ CMHC premium ($23,644 capitalized)

Property tax (est.)$324/mo

Condo fee$1,259/mo

Total monthly$4,861

Cash Needed to Close

Down payment (6.03%)$37,900

Land transfer tax$9,055

Est. closing costs$4,387

Total cash needed$51,342

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