$1,349,000 - 121 Woodbridge Avenue Unit 506, Vaughan
Condo for Sale in Vaughan
Neighbourhood: West Woodbridge
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- MLS Number
- N13816026
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Vaughan
- Taxes (2026)
- $4,263
- Maintenance Fees
- $1,492/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- SPECTRUM REALTY SERVICES INC.
WELCOME TO 121 WOODBRIDGE AVE - UNIT 506 SPACIOUS RENOVATED PRIME WOODBRIDGE LOCATION. Welcome to this beautifully renovated 1,636 condo, offering spacious living in the heart of downtown Woodbridge. Recently renovated areas in 2025, this impressive 2-bedroom suite combines comfort, style, and convenience. FEATURES INCLUDE: * 1,636 sq. ft. of spacious living * 2 bedrooms * Cozy fireplace Beautiful buffet cabinet/pantry in the eating area *Oversized kitchen cabinets with under-cabinet lighting *Kitchen pot lights *Owned tankless water heater - 2025 *Owned A/C unit - 2025 *Gas BBQ outlet on the balcony *Primary bedroom featuring a walk-in closet plus a second standard closet *Guest bathroom with a convenient heat lamp *VERY LARGE LAUNDRY ROOM WITH TUB. AMENITIES INCLUDE: * Gym *Party room *Guest suites *And more! LOCATION, LOCATION, LOCATION! Enjoy the incredible convenience of having shopping, restaurants, banks, services, and everyday amenities right at your doorstep. Experience everything that downtown Woodbridge has to offer while enjoying the comfort and space of this exceptional condominium. DON'T MISS THIS OPPORTUNITY! 121 Woodbridge Ave, Unit 506 Come see why this could be the perfect place to call home! Some furniture is for sale directly from seller.
Estimate your monthly payments for this property
Estimated Payment
$5,967.08/mo
5-yr fixed avg.
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.
Discover West Woodbridge
West Woodbridge 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 West Woodbridge
- •Convenient location in Vaughan
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
West Woodbridge 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.
121 Woodbridge Avenue Unit 506, Vaughan
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $843/sqft, this property is priced in line with current Vaughan market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 15 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.
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. The $1492/month fees should cover building insurance, common elements, and reserve contributions.
About West Woodbridge
I know West Woodbridge 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 $5,621 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.