$508,888

For sale

#A701 5309 Highway 7 Road, Vaughan (Vaughan Grove) - Single Family for Sale

#A701 5309 Highway 7 Road, Vaughan (Vaughan Grove), Ontario, L4L1T3

2 beds1 bath1 parking650 ft²$323/mo condo feeListed 64 days ago

Overview

This 2-bedroom, 1-bathroom condo in Vaughan is for sale offering roughly 650 sq ft of space. Listed at $508,888, it is attractively priced about 15% below the $599,999 median asking price in Vaughan.

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Description

Welcome to this stylish 2-bedroom open concept stacked condo townhome in a prime location nestled at Highway 7 and Kipling Ave, this bright and modern 2-bedroom, 1 bathroom townhome offers easy access to shopping, schools, parks and major highways 400, 427 and 407 for effortless commuting access the GTA. 2nd bedroom has sliding patio doors walkout to terrace. Enjoy a well-appointed interior featuring stainless steel appliances, granite countertop with backsplash and new stainless steel range hood, a 4pc en-suite bathroom and sleek laminate flooring throughout. A large locker conveniently located at your underground parking spot provides extra storage space. Perfect for first time home buyers, investors, or anyone seeking convenience and modern living in a vibrant area. (id:66096)

Property Details

MLS®: N13730796
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $323/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,535/yr
Listed: 64 days ago

Rooms

Main level

Kitchen: 3.2 x 2.21 meters
Living room: 2.99 x 2.74 meters
Dining room: 2.69 x 2.29 meters
Primary Bedroom: 3.04 x 2.74 meters
Bedroom 2: 2.74 x 2.64 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, Dryer, Window Coverings
Flooring: Laminate
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

64d

Vaughan (Vaughan Grove) listings, avg age

51d

Price / ft²

$784

List price

$509K

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) 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 ROUGE RIVER REALTY LTD. · JAY GOODLET

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4L)

This home lists at $508,888, about 4.6× the local median household income of $110,000.

Carrying it typically needs a household income of about $99,404 (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)

$508,888· $784/ft²

For sale

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Full Cost Breakdown

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Down Payment5.09% · $25,888.80

Min 5.09%50%

Mortgage payment$2,678/mo

↳ CMHC premium ($19,320 capitalized)

Property tax (est.)$211/mo

Condo fee$323/mo

Total monthly$3,212

Cash Needed to Close

Down payment (5.09%)$25,889

Land transfer tax$6,653

Est. closing costs$4,027

Total cash needed$36,569

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