1000 Portage Parkway Unit 1515, Vaughan

Price: $389,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: New Construction

MLS#: N13579186

A Must See Unit In A Prime Location in Vaughan, 5 minutes walk to The VMC Subway Station & Regional Bus Terminal, This Bright And Spacious 1 Bedroom Offers One Of The Best Functional Layouts In The Building, The Suite Features 9-Foot Ceilings And Floor-To-Ceiling Windows That Fill The Home With Natural Light and Beautiful unobstructed view, Laminate Floor Throughout, Modern Kitchen With Stone Countertop & Integrated Kitchen Appliances. Designer Finished Lobby, Minutes To York University & Vaughan Mills Shopping Centre, Quick Access To Hwy 7/400/407 Making Commuting Effortless. Close to Shopping Malls, Parks, Library, Schools. Ideal For First-Time Home Buyers Or Investors Alike, Don't Miss This Opportunity To Own A Premium Unit At An Unbelievable Price.

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$389,000 - 1000 Portage Parkway Unit 1515, Vaughan

New Construction for Sale in Vaughan

37 days on market

Neighbourhood: Vaughan Corporate Centre

1Beds
1Baths
500Sq Ft
New Construction
Property Details
MLS Number
N13579186
Property Type
New Construction
Status
active
Days on Site
37
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
STARHOME REALTY INC
Description

A Must See Unit In A Prime Location in Vaughan, 5 minutes walk to The VMC Subway Station & Regional Bus Terminal, This Bright And Spacious 1 Bedroom Offers One Of The Best Functional Layouts In The Building, The Suite Features 9-Foot Ceilings And Floor-To-Ceiling Windows That Fill The Home With Natural Light and Beautiful unobstructed view, Laminate Floor Throughout, Modern Kitchen With Stone Countertop & Integrated Kitchen Appliances. Designer Finished Lobby, Minutes To York University & Vaughan Mills Shopping Centre, Quick Access To Hwy 7/400/407 Making Commuting Effortless. Close to Shopping Malls, Parks, Library, Schools. Ideal For First-Time Home Buyers Or Investors Alike, Don't Miss This Opportunity To Own A Premium Unit At An Unbelievable Price.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,995.77/mo

Includes CMHC insurance ($10,853)

$
$
5%10%50%

5-yr fixed avg.

Principal: $350,100Interest: $237,778
Mortgage Amount$360,953
Total Interest$237,778
Est. Property Tax$276/mo
Total Cost$598,731

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: Vaughan Corporate Centre

Discover Vaughan Corporate Centre

Vaughan Corporate Centre 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 Vaughan Corporate Centre

  • 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

Vaughan Corporate Centre 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

1000 Portage Parkway Unit 1515, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,000/mo
Range: $1,700 - $2,300
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,000
Maintenance Fees-$0
Property Tax (est.)-$276
Insurance (est.)-$81
Net Cash Flow+$1,643

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 $778/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.

Market Position

At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Vaughan Corporate Centre

I know Vaughan Corporate Centre 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1000 Portage Parkway Unit 1515, Vaughan | $389,000 | Battaglia Team