$550,000

For sale

#1611 1000 Portage Parkway, Vaughan (Vaughan Corporate Centre) - Single Family for Sale

#1611 1000 Portage Parkway, Vaughan (Vaughan Corporate Centre), Ontario, L4K0L1

2 beds2 baths1 parking650 ft²$657/mo condo feeListed 30 days ago

Overview

This 2-bedroom, 2-bathroom condo in Vaughan is for sale offering roughly 650 sq ft of space. It has been on the market 30 days, fresher than the Vaughan average of 74 days.

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Description

Stunning 2-Bedroom Corner Unit at Transit City 4! Bright split-bedroom layout with floor-to-ceiling windows and breathtaking unobstructed northwest views, including seasonal fireworks from Canada's Wonderland. Located in the heart of VMC, just steps to the subway, Walmart, restaurants, and everyday essentials, with easy access to Hwy 400 & 407. Includes parking, a valuable feature in this highly sought-after community. Exceptional amenities include outdoor pool with cabanas, fitness centre, indoor running track, squash court & more. Perfect for young professionals, couples, or investors. (id:66096)

Property Details

MLS®: N13864726
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $657/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Property Tax: $3,246/yr
Listed: 30 days ago

Rooms

Main level

Living room: 5.59 x 4.34 meters
Kitchen: 5.59 x 4.34 meters
Dining room: 5.59 x 4.34 meters
Primary Bedroom: 3.28 x 2.84 meters
Bedroom 2: 2.82 x 3.12 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Laminate
Exterior: Concrete
Lot Features: Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Vaughan (Vaughan Corporate Centre) listings, avg age

74d

Price / ft²

$847

List price

$550K

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 (Vaughan Corporate Centre) has been listed for 30 days, which is 44 days fresher than the city average of 74. Act while there is still low competition.

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Listed by RE/MAX CROSSROADS REALTY INC. · EUN HO KIM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4K)

This home lists at $550,000, about 6.0× the local median household income of $92,000.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 17% above the area median.

Median household income: $92,000
Population: 20,172
Median age: 37.6
Owner / renter: 68% / 32%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4K)

$550,000· $847/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $30,000

Min 5.45%50%

Mortgage payment$2,883/mo

↳ CMHC premium ($20,800 capitalized)

Property tax (est.)$271/mo

Condo fee$657/mo

Total monthly$3,810

Cash Needed to Close

Down payment (5.45%)$30,000

Land transfer tax$7,475

Est. closing costs$4,150

Total cash needed$41,625

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