$599,800

For sale

#303 195 Commerce Street, Vaughan (Vaughan Corporate Centre) - Single Family for Sale

#303 195 Commerce Street, Vaughan (Vaughan Corporate Centre), Ontario, L4K0P9

2 beds2 baths1 parking650 ft²$636/mo condo feeListed 35 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 35 days, fresher than the Vaughan average of 74 days.

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Description

Festival Tower by Menkes, total 1137sf of living space included large balcony. in the heart of South VMC. This bright and functional suite features an open-concept layout designed for efficient urban living, with floor-to-ceiling windows providing abundant natural light. Contemporary kitchen equipped with stainless steel appliances, quartz countertops, and custom cabinetry. High-end finishes throughout. Enjoy access to over 70,000 sq. ft. of world-class amenities, including an indoor pool, basketball court, soccer field, kids' playroom, music studio, and more. Conveniently located steps to Vaughan Metropolitan Centre Subway Station, with easy access to Hwy 400. Close to shopping, dining, and entertainment including Cineplex, Costco, and IKEA. (id:66096)

Property Details

MLS®: N13847940
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $636/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $3,980/yr
Listed: 35 days ago

Rooms

Flat

Living room: 7.01 x 3.02 meters
Dining room: 7.01 x 3.02 meters
Kitchen: 7.01 x 3.02 meters
Primary Bedroom: 3.32 x 2.66 meters
Bedroom 2: 2.74 x 2.74 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, Stove, Dryer, Microwave, Cooktop, Hood Fan, Window Coverings
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Vaughan (Vaughan Corporate Centre) listings, avg age

74d

Price / ft²

$923

List price

$600K

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 35 days, which is 39 days fresher than the city average of 74. Act while there is still low competition.

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Listed by CENTURY 21 KENNECT REALTY · KEN YEUNG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4K)

This home lists at $599,800, about 6.5× the local median household income of $92,000.

Carrying it typically needs a household income of about $117,162 (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)

$599,800· $923/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,980

Min 5.83%50%

Mortgage payment$3,131/mo

↳ CMHC premium ($22,593 capitalized)

Property tax (est.)$332/mo

Condo fee$636/mo

Total monthly$4,099

Cash Needed to Close

Down payment (5.83%)$34,980

Land transfer tax$8,471

Est. closing costs$4,299

Total cash needed$47,750

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