$499,990

For sale

#2211 225 Commerce Street, Vaughan (Vaughan Corporate Centre) - Single Family for Sale

#2211 225 Commerce Street, Vaughan (Vaughan Corporate Centre), Ontario, L4K0R1

1 bed1 bath0 parking550 ft²$337/mo condo feeListed 37 days ago

Overview

This 1-bedroom, 1-bathroom condo in Vaughan is for sale offering roughly 550 sq ft of space. Its $499,990 asking price sits right in line with the $499,990 median in Vaughan. It has been on the market 37 days, fresher than the Vaughan average of 73 days.

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Description

Like Brand New one bedroom condo with 3pc bath, combined living and dining space with floor to ceiling windows. Nice open concept floorplan with a beautiful modern design. Kitchen is furnished with stainless steel built-in appliances. The condo features an ensuite laundry ( stacked washer & dryer) and laminate floor. Walking distance to Vaughan Metropolitan Subway Station, minutes away from, IKEA, YMCA, Costco, York University, Banks, Shopping Centres, Wonderland, Vaughan Mills Mall, Restaurant and Highway 400. Great Place for daily commuters with easy access to all needs. 24 Hours bus Service. (id:66096)

Property Details

MLS®: N13843500
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: No Garage
Pool: Yes
Condo Fee: $337/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $2,667.22/yr
Listed: 37 days ago

Rooms

Main level

Living room: 6.48 x 2.77 meters
Dining room: 6.47 x 2.77 meters
Kitchen: 6.48 x 2.77 meters
Primary Bedroom: 2.47 x 3.13 meters
Bathroom

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

Features

Appliances: All, Washer, Dryer, Window Coverings
Flooring: Laminate
Foundation: Concrete
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Vaughan (Vaughan Corporate Centre) listings, avg age

73d

Price / ft²

$910

List price

$500K

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 37 days, which is 36 days fresher than the city average of 73. Act while there is still low competition.

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Listed by HOMELIFE MAPLE LEAF REALTY LTD. · MANGINDER GIDDA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4K)

This home lists at $499,990, about 5.4× the local median household income of $92,000.

Carrying it typically needs a household income of about $97,666 (20% down, 25-yr amortization, stress-tested) — roughly 6% 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)

$499,990· $910/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,999.50

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($19,000 capitalized)

Property tax (est.)$222/mo

Condo fee$337/mo

Total monthly$3,192

Cash Needed to Close

Down payment (5%)$25,000

Land transfer tax$6,475

Est. closing costs$4,000

Total cash needed$35,474

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