$485,000

For sale

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#3109 1000 Portage Parkway, Vaughan (Vaughan Corporate Centre) - Single Family for Sale

#3109 1000 Portage Parkway, Vaughan (Vaughan Corporate Centre), Ontario, L4K0L1

2 beds2 baths1 parking ft²

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Investment analysis

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$485,000

Vaughan

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$638/mo condo fee

Overview

This 2-bedroom, 2-bathroom condo in Vaughan is for sale offering roughly 550 sq ft of space. Its $485,000 asking price sits right in line with the $499,990 median in Vaughan. It has been on the market 70 days, fresher than the Vaughan average of 73 days.

Condos for Sale in Vaughan →All real estate in Vaughan →

Description

Transit City 4 condo 1+1 with 2 washroom and owned underground parking in the heart of Vaughan Metropolitan Centre. South exposure bring tons of Sunlight into the unit. Open-concept layout, modern kitchen with stainless-steel appliances, large open balcony and south exposure. Steps to Vaughan Metropolitan Centre subway station with convenient access to Highways 400, 407 and 401. (id:66096)

Property Details

MLS®: N13716998
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Electric, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $638/mo
Ownership: Condo/Strata
Property Tax: $2,857/yr
Listed: 70 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Oven, Dryer, Cooktop, Hood Fan, Window Coverings
Exterior: Aluminum siding
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

70d

Vaughan (Vaughan Corporate Centre) listings, avg age

73d

Price / ft²

$883

List price

$485K

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 70 days, which is 3 days fresher than the city average of 73. Act while there is still low competition.

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Listed by BAY STREET GROUP INC. · ARTHUR ZHAO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4K)

This home lists at $485,000, about 5.3× the local median household income of $92,000.

Carrying it typically needs a household income of about $94,737 (20% down, 25-yr amortization, stress-tested) — roughly 3% 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)

$485,000· $883/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,250

Min 5%50%

Mortgage payment$2,554/mo

↳ CMHC premium ($18,430 capitalized)

Property tax (est.)$238/mo

Condo fee$638/mo

Total monthly$3,430

Cash Needed to Close

Down payment (5%)$24,250

Land transfer tax$6,175

Est. closing costs$3,955

Total cash needed$34,380

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice