$360,000

For sale

#1811 950 Portage Parkway, Vaughan (Vaughan Corporate Centre) - Single Family for Sale

#1811 950 Portage Parkway, Vaughan (Vaughan Corporate Centre), Ontario, L4K0J7

1 bed1 bath0 parking550 ft²$353/mo condo feeListed 16 days ago

Overview

This 1-bedroom, 1-bathroom condo in Vaughan is for sale offering roughly 550 sq ft of space. Listed at $360,000, it is attractively priced about 30% below the $515,000 median asking price in Vaughan. It has been on the market 16 days, fresher than the Vaughan average of 74 days.

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Description

Welcome to the prime location! Transit City Condo is in the heart of Vaughan Metropolitan Centre. This bright 1 bedroom suite was built by CentreCourt and offer open concept layout. Home features laminate floors, 9-foot ceilings, modern kitchen and large windows that fill the space with natural light. The kitchen comes with built-in appliances, quartz countertops, a backsplash, and plenty of cabinet space. From the 18th floor balcony, you can enjoy great views and beautiful sunsets. Residents have access to a huge YMCA fitness centre and pool, public library, kids zone, outdoor terrace, party lounge, visitor parking, 24/7 concierge and event spaces on site. Location is incredibly convenient-steps from the subway, close to Highway 7 and 400, near York University, and minutes from shopping at Vaughan Mills and SmartCentres Woodbridge. A great place to call home. (id:66096)

Property Details

MLS®: N14093762
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $353/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,689.69/yr
Listed: 16 days ago

Rooms

Flat

Living room: 6.34 x 2.99 meters
Dining room: 6.34 x 2.99 meters
Kitchen: 6.34 x 2.99 meters
Bedroom: 2.96 x 2.43 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Range, Dryer, Cooktop, Oven - Built-In, Hood Fan
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Vaughan (Vaughan Corporate Centre) listings, avg age

74d

Price / ft²

$655

List price

$360K

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 Corporate Centre) has been listed for 16 days, which is 58 days fresher than the city average of 74. Act while there is still low competition.

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Listed by CENTURY 21 ATRIA REALTY INC. · Jennifer Tam

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4K)

This home lists at $360,000, about 3.9× the local median household income of $92,000.

Carrying it typically needs a household income of about $70,321 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$360,000· $655/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,000

Min 5%50%

Mortgage payment$1,896/mo

↳ CMHC premium ($13,680 capitalized)

Property tax (est.)$224/mo

Condo fee$353/mo

Total monthly$2,473

Cash Needed to Close

Down payment (5%)$18,000

Land transfer tax$3,875

Est. closing costs$3,580

Total cash needed$25,455

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