$549,870

For sale

#701 5289 Hwy 7 Street East, Vaughan (Vaughan Grove) - Single Family for Sale

#701 5289 Hwy 7 Street East, Vaughan (Vaughan Grove), Ontario, L4L0J1

2 beds2 baths1 parking850 ft²$444/mo condo feeListed 31 days ago

Overview

This 2-bedroom, 2-bathroom condo in Vaughan is for sale offering roughly 850 sq ft of space. Listed at $549,870, it is attractively priced about 8% below the $599,999 median asking price in Vaughan. It has been on the market 31 days, fresher than the Vaughan average of 50 days.

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Description

Welcome to Oggi Townhomes, located in one of Woodbridge's most sought-after communities. This bright and stylish 2-bedroom, 2-bathroom townhome offers a thoughtfully designed open-concept layout with perfect finishes and exceptional functionality. The contemporary kitchen features elegant quartz countertops, extended cabinetry, a spacious centre island with breakfast bar, and ample storage, seamlessly overlooking the inviting living and dining areas.An ideal space to enjoy your morning coffee, relax, dine, or entertain. The main level also offers a versatile bedroom and convenient 3-piece bathroom, perfect for guests or those seeking convenient single-level living. Two generously sized bedrooms are complemented by a second 3-piece bathroom and family Room providing the perfect retreat to unwind at the end of the day. Ideally situated close to shopping, restaurants, parks, schools, public transit, and major highways, this exceptional home offers a wonderful blend of contemporary style, comfort, and everyday convenience in a vibrant and well-connected Woodbridge neighbourhood. This beautiful Condo Includes 1 underground parking space and 1 locker. (id:66096)

Property Details

MLS®: N13860190
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $444/mo
Fee Includes: Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,857/yr
Listed: 31 days ago

Rooms

Main level

Family room: 3.3 x 3.8 meters
Kitchen: 3.3 x 2.4 meters
Eating area: 3.3 x 2.4 meters
Primary Bedroom: 3.8 x 3.3 meters
Bedroom 2: 3 x 2.9 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Vinyl
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

Vaughan (Vaughan Grove) listings, avg age

50d

Price / ft²

$647

List price

$550K

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 Grove) has been listed for 31 days, which is 19 days fresher than the city average of 50. Act while there is still low competition.

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Listed by FARAT KAMRAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4L)

This home lists at $549,870, about 5.0× the local median household income of $110,000.

Carrying it typically needs a household income of about $107,409 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $110,000
Population: 55,426
Median age: 48
Owner / renter: 85% / 15%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L4L)

$549,870· $647/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,987.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,795 capitalized)

Property tax (est.)$238/mo

Condo fee$444/mo

Total monthly$3,565

Cash Needed to Close

Down payment (5.45%)$29,987

Land transfer tax$7,472

Est. closing costs$4,150

Total cash needed$41,609

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