1 Clark Avenue Unit 612, Vaughan

Price: $749,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13539414

Welcome to one of Thornhill's most coveted buildings, The Skyrise at Yonge & Clark. Well known, well maintained & highly sought after for a reason - it truly has it all! With a spacious & functional layout for everyday living or entertaining, this updated 2 Bedroom, 2 Bath South facing unit provides unobstructed views and natural sunlight in every room! The renovated kitchen has stainless steel appliances, modern lighting, lots of cupboard space & overlooks the large living room. The Primary Suite offers a 4 piece ensuite complete with a soaker tub, separate shower and large His & Her closets. The private second bedroom enjoys its own 4 Piece Bathroom, Double Closet & Walk out to the Balcony for a peaceful retreat. In Suite laundry & its close proximity to the elevator adds to an easy lifestyle. Enjoy Resort Style Amenities: Indoor Pool, Gym, Sauna, Squash/Tennis/Pickleball Courts, Party Room, Games Room, Guest Suites, BBQ area, ample Visitor Parking & 24Hr Concierge. Newly renovated Lobby & Hallways display a well maintained building! Unbelievable Location: Close to Grocery, Restaurants, Salons, Pharmacy downstairs & steps to Transit (including future Clark Subway Stop!) providing excellent investment potential!

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$749,000 - 1 Clark Avenue Unit 612, Vaughan

Condo for Sale in Vaughan

47 days on market

Neighbourhood: Crestwood-Springfarm-Yorkhill

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13539414
Property Type
Condo
Status
active
Days on Site
47
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Welcome to one of Thornhill's most coveted buildings, The Skyrise at Yonge & Clark. Well known, well maintained & highly sought after for a reason - it truly has it all! With a spacious & functional layout for everyday living or entertaining, this updated 2 Bedroom, 2 Bath South facing unit provides unobstructed views and natural sunlight in every room! The renovated kitchen has stainless steel appliances, modern lighting, lots of cupboard space & overlooks the large living room. The Primary Suite offers a 4 piece ensuite complete with a soaker tub, separate shower and large His & Her closets. The private second bedroom enjoys its own 4 Piece Bathroom, Double Closet & Walk out to the Balcony for a peaceful retreat. In Suite laundry & its close proximity to the elevator adds to an easy lifestyle. Enjoy Resort Style Amenities: Indoor Pool, Gym, Sauna, Squash/Tennis/Pickleball Courts, Party Room, Games Room, Guest Suites, BBQ area, ample Visitor Parking & 24Hr Concierge. Newly renovated Lobby & Hallways display a well maintained building! Unbelievable Location: Close to Grocery, Restaurants, Salons, Pharmacy downstairs & steps to Transit (including future Clark Subway Stop!) providing excellent investment potential!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,842.76/mo

Includes CMHC insurance ($20,897)

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5-yr fixed avg.

Principal: $674,100Interest: $457,830
Mortgage Amount$694,997
Total Interest$457,830
Est. Property Tax$531/mo
Total Cost$1,152,827

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Crestwood-Springfarm-Yorkhill

Discover Crestwood-Springfarm-Yorkhill

Crestwood-Springfarm-Yorkhill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Crestwood-Springfarm-Yorkhill

  • Convenient location in Vaughan
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Crestwood-Springfarm-Yorkhill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1 Clark Avenue Unit 612, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$1,453

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $624/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 47 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Crestwood-Springfarm-Yorkhill

I know Crestwood-Springfarm-Yorkhill well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Vaughan properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1 Clark Avenue Unit 612, Vaughan | $749,000 | Battaglia Team