$389,000

For sale

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#5511 898 Portage Parkway, Vaughan (Vaughan Corporate Centre) - Single Family for Sale

#5511 898 Portage Parkway, Vaughan (Vaughan Corporate Centre), Ontario, L4K0J6

1 bed1 bath0 parking ft²

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Investment analysis

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$389,000

Vaughan

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$380/mo condo fee

Overview

This 1-bedroom, 1-bathroom condo in Vaughan is for sale offering roughly 550 sq ft of space. Listed at $389,000, it is attractively priced about 24% below the $515,000 median asking price in Vaughan.

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

Description

Breathtaking unobstructed high-rise views. Bright North-facing 1B, 1B unit at Transit City. Features large windows in every room. Modern kitchen outfitted with integrated appliances with open wall-mounted shelves for extra storage. Master planned For Convenience. Perfectly located steps to the VMC Subway Station and SmartCentres Bus Terminal, with quick access to Highways 400 & 407. Just minutes from the brand-new YMCA, Vaughan Mills, Costco, Walmart, Cineplex, and a wide variety of dining and entertainment options. (id:66096)

Property Details

MLS®: N13664266
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Other, No Garage
Condo Fee: $380/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,112.79/yr
Listed: 85 days ago

Rooms

Flat

Living room: 3.05 x 6.53 meters
Dining room: 3.05 x 6.53 meters
Kitchen: 3.05 x 6.53 meters
Primary Bedroom: 3.05 x 3.4 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, Range, Oven, Dryer, Microwave, Cooktop, Oven - Built-In, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

85d

Vaughan (Vaughan Corporate Centre) listings, avg age

74d

Price / ft²

$708

List price

$389K

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 1-bed single family in Vaughan (Vaughan Corporate Centre) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX CONDOS PLUS CORPORATION · SUNG JUNG WOO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4K)

This home lists at $389,000, about 4.2× the local median household income of $92,000.

Carrying it typically needs a household income of about $75,985 (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)

$389,000· $708/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,450

Min 5%50%

Mortgage payment$2,049/mo

↳ CMHC premium ($14,782 capitalized)

Property tax (est.)$176/mo

Condo fee$380/mo

Total monthly$2,605

Cash Needed to Close

Down payment (5%)$19,450

Land transfer tax$4,310

Est. closing costs$3,667

Total cash needed$27,427

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