$374,900

For saleJust listed

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#710 7895 Jane Street, Vaughan (Concord) - Single Family for Sale

#710 7895 Jane Street, Vaughan (Concord), Ontario, L4K0K2

1 bed1 bath parking

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Investment analysis

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$374,900

Vaughan

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Overview

This 1-bedroom, 1-bathroom condo in Vaughan is for sale offering roughly 550 sq ft of space. Listed at $374,900, it is attractively priced about 29% below the $525,000 median asking price in Vaughan. It has been on the market 5 days, fresher than the Vaughan average of 65 days.

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

Description

Welcome To The Marvelous "The Met" Condominiums! Prime Location In The Heart Of Downtown Vaughan & The Vaughan Metropolitan Centre (VMC). This Modern 1 Bedroom Features An Open Concept Kitchen With Full Size Stainless Steel Appliances, 9' Ceilings, Floor To Ceiling Windows Allowing Plenty Of Natural Light, And A Walkout To A Large Full Size Balcony! A Commuters Dream! Walking Distance To The VMC Subway Station And Quick Access To Highways 400 & 407. Close To Walmart, Ikea, Costco, Cineplex, Goodlife Fitness, And The YMCA. Mins To Vaughan Mills Mall, Wonderland, York University, Several Restaurants/Entertainment and Much Much More! (id:66096)

Property Details

MLS®: N14131684
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: Garage, Underground
Condo Fee: $495/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,075.33/yr
Listed: 5 days ago

Market Timing

Days on market

Vaughan (Concord) listings, avg age

65d

Price / ft²

$682

List price

$375K

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 $374,900, about 4.1× the local median household income of $92,000.

Carrying it typically needs a household income of about $73,231 (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)

$374,900· $682/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,745

Min 5%50%

Mortgage payment$1,975/mo

↳ CMHC premium ($14,246 capitalized)

Property tax (est.)$173/mo

Condo fee$495/mo

Total monthly$2,643

Cash Needed to Close

Down payment (5%)$18,745

Land transfer tax$4,099

Est. closing costs$3,625

Total cash needed$26,469

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

#710 7895 Jane Street, Vaughan (Concord) - Single Family for Sale

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Neighbourhood profile (L4K)

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