$599,000

For sale

#2509 5 Meadowdale Road, Vaughan (Concord) - Single Family for Sale

#2509 5 Meadowdale Road, Vaughan (Concord), Ontario, L4K0C7

2 beds1 bath1 parking550 ft²$515/mo condo feeListed 9 days ago

Overview

This 2-bedroom, 1-bathroom condo in Vaughan is for sale offering roughly 550 sq ft of space. It has been on the market 9 days, fresher than the Vaughan average of 65 days.

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Description

Welcome to The Vincent Condos in the Heart of Vaughan Metropolitan Centre! An Exceptional Opportunity to Own a Brand-New, Never-Lived-In 571 Sq. Ft. Suite Situated on the 25th Floor, Offering Breathtaking Views! Featuring a Bright, Modern Interior and a Thoughtfully Designed, Functional Layout That Maximizes Space and Comfort. Enjoy Contemporary Finishes and a Valuable Upgrade to a Built-In Microwave Hood Fan, Adding Both Style and Convenience. Perfect for First-Time Buyers, Young Professionals, and Investors! Unbeatable Location Just Steps from Vaughan Metropolitan Centre Subway Station, Offering Easy Access to York University, Downtown Toronto, VIVA and YRT Transit. Minutes to Highways 400, 407 and 7, Vaughan Mills, Restaurants, Cafés, Shopping, Entertainment and Everyday Essentials. Added Bonus: High-Speed Internet Included in Maintenance Fees Through a Six-Year Bulk Agreement! Don't Miss This Fantastic Opportunity to Own a Brand-New Suite in One of Vaughan's Fastest-Growing Urban Communities. Experience Elevated Living, Breathtaking Views, Exceptional Connectivity and Everyday Convenience at The Vincent Condos! (id:66096)

Property Details

MLS®: N14117054
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $515/mo
Fee Includes: Common Area Maintenance, Heat
Ownership: Condo/Strata
Listed: 9 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Oven, Dryer, Microwave
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Vaughan (Concord) listings, avg age

65d

Price / ft²

$1,090

List price

$599K

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 (Concord) has been listed for 9 days, which is 56 days fresher than the city average of 65. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · DILOSHAN SHANMUGALINGAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4K)

This home lists at $599,000, about 6.5× the local median household income of $92,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 27% 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)

$599,000· $1,090/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Est. property tax$0/mo

Condo fee$515/mo

Total monthly$3,642

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$8,455

Est. closing costs$4,297

Total cash needed$47,652

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