$429,900

For sale

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#5503 7890 Jane Street, Vaughan (Vaughan Corporate Centre) - Single Family for Sale

#5503 7890 Jane Street, Vaughan (Vaughan Corporate Centre), Ontario, L4K0K9

2 beds2 baths0 parking ft²

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Investment analysis

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$429,900

Vaughan

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Overview

This 2-bedroom, 2-bathroom condo in Vaughan is for sale offering roughly 550 sq ft of space. Listed at $429,900, it is attractively priced about 17% below the $515,000 median asking price in Vaughan. It has been on the market 14 days, fresher than the Vaughan average of 74 days.

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

Description

This 1 Bed plus Den and 2 bathroom is ready for it's next owner. on the 55th floor you will feel like you are on Top of the world with Great City views, walk to the TTC makes it ideal for commuters. Vinyl flooring throughout, new appliances, and a walkout from the living space to a large patio making it a little extra during the summer days. Building amenities include 24 hour concierge, gym, sharable workspaces, rooftop outdoor pool, basketball and squash court, and Yoga studio. (id:66096)

Property Details

MLS®: N14102212
Property Type: Single Family
Zoning: VMC
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Condo Fee: $486/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,891.98/yr
Listed: 14 days ago

Market Timing

Days on market

14d

Vaughan (Vaughan Corporate Centre) listings, avg age

74d

Price / ft²

$782

List price

$430K

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.

Area context

Neighbourhood profile (L4K)

This home lists at $429,900, about 4.7× the local median household income of $92,000.

Carrying it typically needs a household income of about $83,975 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$429,900· $782/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,495

Min 5%50%

Mortgage payment$2,264/mo

↳ CMHC premium ($16,336 capitalized)

Property tax (est.)$241/mo

Condo fee$486/mo

Total monthly$2,991

Cash Needed to Close

Down payment (5%)$21,495

Land transfer tax$5,073

Est. closing costs$3,790

Total cash needed$30,358

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

#5503 7890 Jane Street, Vaughan (Vaughan Corporate Centre) - Single Family for Sale

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Neighbourhood profile (L4K)

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