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$520,000
Vaughan
#2604 50 UPPER MALL Way, Vaughan (Brownridge), Ontario, L4J0L8
This 2-bedroom, 1-bathroom condo in Vaughan is for sale offering roughly 650 sq ft of space. Listed at $520,000, it is attractively priced about 20% below the $649,000 median asking price in Vaughan. It has been on the market 8 days, fresher than the Vaughan average of 42 days.
A fantastic opportunity for investors and end-users alike at Promenade Park Towers, in the heart of Thornhill at Bathurst & Centre. This bright, west-facing 1-bedroom + den, 1-bathroom suite offers 615 sq ft of interior living space plus a 100 sq ft balcony - perfect for enjoying afternoon sun and sunset views. The functional layout features a large bathroom, a large walk-in closet, and a den that works beautifully as a home office or guest space. Currently tenanted at $2,360 per month, and the tenant wishes to stay - an excellent, worry-free tenant who has never missed a payment, keeps the unit very clean, and has no pets. The tenant also pays their own electricity and Wi-Fi. Residents enjoy an excellent amenity package including a golf simulator, indoor golf, billiards room, BBQ area, and party room, plus a 24-hour concierge, fitness centre and yoga studio, and a half-acre green roof terrace. With direct indoor access to Promenade Shopping Centre and steps to the VIVA terminal, highways 407 and 7, schools, parks, and restaurants are all close by.1 parking included. Maintenance fee $455.20/month. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 42 days across the listings currently for sale in this city
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.
This 2-bed single family in Vaughan (Brownridge) has been listed for 8 days, which is 34 days fresher than the city average of 42. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $520,000, about 4.5× the local median household income of $115,000.
Carrying it typically needs a household income of about $101,574 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA L4J)
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Loading rates, 30-yr amortization
Cash Needed to Close
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