28 Interchange Way Unit 1807, Vaughan

Price: $397,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N13629836

Welcome to Festival - Tower D by Menkes Modern Living in the Heart of Vaughan Metropolitan Centre. Never-lived-in 1-bedroom suite. Just 300 meters away from VMC subway, 2-minute drive to Hwy 404 an only 30 minute subway ride to U of T St. George Campus. Walk to IKEA and enjoy quick access to Hwy 400 & 407, Costco, Walmart, Vaughan Mills, Mackenzie Hospital (1st Smart Hospital In Canada) and Canadas Wonderland all within 10 minutes drive. This vibrant community will offer 70,000 SF of world-class amenities: indoor pool, basketball court, soccer field, music & art studios, skating rink, community park, movie theatre, in-building grocery & retail, and more!!

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New Listing
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$397,000 - 28 Interchange Way Unit 1807, Vaughan

Condo for Sale in Vaughan

New — Listed 2 days ago

Neighbourhood: Vaughan Corporate Centre

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N13629836
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
HOMELIFE NEW WORLD CONDOMAX REALTY INC.
Description

Welcome to Festival - Tower D by Menkes Modern Living in the Heart of Vaughan Metropolitan Centre. Never-lived-in 1-bedroom suite. Just 300 meters away from VMC subway, 2-minute drive to Hwy 404 an only 30 minute subway ride to U of T St. George Campus. Walk to IKEA and enjoy quick access to Hwy 400 & 407, Costco, Walmart, Vaughan Mills, Mackenzie Hospital (1st Smart Hospital In Canada) and Canadas Wonderland all within 10 minutes drive. This vibrant community will offer 70,000 SF of world-class amenities: indoor pool, basketball court, soccer field, music & art studios, skating rink, community park, movie theatre, in-building grocery & retail, and more!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,036.82/mo

Includes CMHC insurance ($11,076)

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5-yr fixed avg.

Principal: $357,300Interest: $242,668
Mortgage Amount$368,376
Total Interest$242,668
Est. Property Tax$281/mo
Total Cost$611,045

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

28 Interchange Way Unit 1807, 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)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$281
Insurance (est.)-$83
Net Cash Flow+$1,111

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 $794/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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    28 Interchange Way Unit 1807, Vaughan | $397,000 | Battaglia Team