1000 Portage Parkway Unit 502, Vaughan

Price: $379,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N13574830

Experience the epitome of luxury living on the 5th floor! This stunning condo features immaculate interiors with breathtaking, unobstructed views. Natural light floods through expansive floor-to-ceiling windows, illuminating the spacious open-concept living and dining areas. The modern kitchen boasts high-end stainless steel built-in appliances, perfect for culinary enthusiasts.The serene master bedroom offers picturesque views, creating a tranquil retreat within the city. For added convenience, the condo includes a dedicated locker space. Indulge in a host of exceptional amenities, including 24/7 concierge service, a 9-acre green space, and a state-of-the-art fitness centre complete with a full indoor running track and squash courts. Outdoor enthusiasts will appreciate the luxurious pool area featuring cabanas.Conveniently located, the condo provides direct underground access to VMC subway entrance within 2 minutes, along with easy access to Viva & Zum Transit and Hwy 400. It's just minutes away from York University, Vaughan Mills Mall, Walmart, banks, Lowe's, an 8-acre park, YMCA, and a vibrant array of restaurants. This condo embodies the pinnacle of urban living, seamlessly blending luxury, convenience, and an active lifestyle.

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New Listing
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$379,000 - 1000 Portage Parkway Unit 502, Vaughan

Condo for Sale in Vaughan

New — Listed 3 days ago

Neighbourhood: Vaughan Corporate Centre

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N13574830
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

Experience the epitome of luxury living on the 5th floor! This stunning condo features immaculate interiors with breathtaking, unobstructed views. Natural light floods through expansive floor-to-ceiling windows, illuminating the spacious open-concept living and dining areas. The modern kitchen boasts high-end stainless steel built-in appliances, perfect for culinary enthusiasts.The serene master bedroom offers picturesque views, creating a tranquil retreat within the city. For added convenience, the condo includes a dedicated locker space. Indulge in a host of exceptional amenities, including 24/7 concierge service, a 9-acre green space, and a state-of-the-art fitness centre complete with a full indoor running track and squash courts. Outdoor enthusiasts will appreciate the luxurious pool area featuring cabanas.Conveniently located, the condo provides direct underground access to VMC subway entrance within 2 minutes, along with easy access to Viva & Zum Transit and Hwy 400. It's just minutes away from York University, Vaughan Mills Mall, Walmart, banks, Lowe's, an 8-acre park, YMCA, and a vibrant array of restaurants. This condo embodies the pinnacle of urban living, seamlessly blending luxury, convenience, and an active lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,944.47/mo

Includes CMHC insurance ($10,574)

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5-yr fixed avg.

Principal: $341,100Interest: $231,666
Mortgage Amount$351,674
Total Interest$231,666
Est. Property Tax$268/mo
Total Cost$583,340

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 502, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$268
Insurance (est.)-$79
Net Cash Flow+$1,128

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 $758/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Vaughan's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 502, Vaughan | $379,000 | Battaglia Team