$585,900 - 27 Korda Gate Unit 516, Vaughan
Condo for Sale in Vaughan
New — Listed 6 days agoNeighbourhood: Vellore Village
- MLS Number
- N13684784
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 1
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- METROPARK REALTY INC.
Welcome To The 5th At Charisma. This Brand New B650, 1 Bed + Den, 1.5 Bath Is Perfectly Located Right Next to Vaughan Mills Mall! This Luxuriously Finished & Perfectly Located Building Is Built by Greenpark and Offered for Sale Directly from The Builder. This Floorplan Features 650 Sq. Ft. Of Well-Designed Interior Space + 72 Sq. Ft. Balcony. W/Floor to Ceiling Windows for Max Light. Open Concept Kitchen with Large Centre Island & S/S Appliances. Building Features Outdoor Pool, Gym, 24 Hour Concierge, Party Room, Theatre + Much More. Enjoy Additional Commercial Amenities on Ground Level of Building. Steps To Transit, Shopping, Dining and Minutes from Both Hwy 400 and Hwy 407.
Estimate your monthly payments for this property
Estimated Payment
$3,005.97/mo
Includes CMHC insurance ($16,347)
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 Vellore Village
Vellore Village 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 Vellore Village
- •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
Vellore Village 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.
27 Korda Gate Unit 516, Vaughan
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Rental income estimator & ROI calculator
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 $977/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.
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 600 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 Vellore Village
I know Vellore Village 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 $2,441 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.