$409,000

For sale

#5901 950 Portage Parkway, Vaughan (Vaughan Corporate Centre) - Single Family for Sale

#5901 950 Portage Parkway, Vaughan (Vaughan Corporate Centre), Ontario, L4K0J7

2 beds1 bath0 parking550 ft²$440/mo condo feeListed 42 days ago

Overview

This 2-bedroom, 1-bathroom condo in Vaughan is for sale offering roughly 550 sq ft of space. Listed at $409,000, it is attractively priced about 18% below the $499,990 median asking price in Vaughan. It has been on the market 42 days, fresher than the Vaughan average of 73 days.

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Description

Not many units in the building sit this high. From the 59th floor, the north-facing views are wide open and unobstructed, and the large private balcony lets you take it all in from outside - a real standout feature at this height. Inside, the layout works well for everyday living. The kitchen, dining, and living area form one large, open space, with floor-to-ceiling windows pulling natural light in throughout the day. A good-sized bathroom and enclosed den round things out, giving you flexible space for a home office or extra storage. You're in the heart of the Vaughan Metropolitan Centre, steps from the subway and right on top of transit connecting straight into the city, yet 59 floors up keeps you well above the noise. VMC continues to grow with new shops, restaurants, and offices arriving, plus quick access to Vaughan Mills, York University, and the highways. Book a showing and see the view for yourself. (id:66096)

Property Details

MLS®: N13823828
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $440/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,381/yr
Listed: 42 days ago

Rooms

Flat

Kitchen: 3.48 x 3.31 meters
Living room: 3.32 x 3.02 meters
Dining room: 3.48 x 3.31 meters
Bedroom: 3.17 x 2.97 meters
Den: 2.38 x 1.67 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, Oven, Dryer, Oven - Built-In, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Vaughan (Vaughan Corporate Centre) listings, avg age

73d

Price / ft²

$744

List price

$409K

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 42 days, which is 31 days fresher than the city average of 73. Act while there is still low competition.

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Listed by RE/MAX PREMIER INC. · SANTO SESSA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4K)

This home lists at $409,000, about 4.4× the local median household income of $92,000.

Carrying it typically needs a household income of about $79,892 (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)

$409,000· $744/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,450

Min 5%50%

Mortgage payment$2,154/mo

↳ CMHC premium ($15,542 capitalized)

Property tax (est.)$198/mo

Condo fee$440/mo

Total monthly$2,792

Cash Needed to Close

Down payment (5%)$20,450

Land transfer tax$4,655

Est. closing costs$3,727

Total cash needed$28,832

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