281 Woodbridge Avenue Unit 242, Vaughan

Price: $699,888

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: N13823908

Welcome To Exceptional Condo Living In The Heart Of Market Lane, One Of Woodbridge's Most Sought-After Communities. This Spacious 2-Bedroom, 2-Washroom Suite Offers A Highly Desirable Open Concept Layout That Connects The Living And Dining Areas, Creating A Bright And Functional Space Ideal For Both Everyday Living And Entertaining. Over 900 Sqft Of Living Space Makes This Unit Ideal For Downsizers, First Time Home Buyers Or Small Families. Large Windows Fill The Unit With Natural Light, Enhancing The Comfortable Design And Well-Planned Layout. Both Bedrooms Are Generously Sized, Offering Ample Space For Full Bedroom Furnishings And Additional Flexibility For A Home Office Or Sitting Area. The Practical Floorplan Includes Two Full Washrooms, Including An Ensuite To The Primary Bedroom, Providing Convenience And Privacy For Residents And Guests Alike. Step Outside To A Large Private Balcony Overlooking The Beautifully Maintained Garden And Courtyard, Complete With A Gas Line For BBQ - Perfect For Outdoor Cooking And Entertaining. This Unit Comes With One Parking Space And One Locker, With The Added Bonus Of The Parking Spot Being Located Right Next To The Elevator For Exceptional Convenience. Situated In The Vibrant Market Lane Area, You Are Just Steps To Boutique Shops, Restaurants, Cafés, And Everyday Amenities That Give The Neighbourhood Its Unique Charm. Commuters Will Appreciate Quick Access To Major Highways Including Highway 400, Highway 407, And Highway 427, Making Travel Throughout The GTA Simple And Efficient. Parks, Scenic Walking Trails, And Nearby Recreational Facilities Further Enhance The Appeal Of This Prime Woodbridge Location. A Fantastic Opportunity To Own In A Well-Established Community That Offers Space, Convenience, And An Unbeatable Woodbridge Lifestyle

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$699,888 - 281 Woodbridge Avenue Unit 242, Vaughan

Condo for Sale in Vaughan

Popular Listing

Neighbourhood: West Woodbridge

2Beds
2Baths
900Sq Ft
Condo

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
N13823908
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Vaughan
Taxes (2025)
$3,004
Maintenance Fees
$709/mo
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
CAPITAL NORTH REALTY CORPORATION
Description

Welcome To Exceptional Condo Living In The Heart Of Market Lane, One Of Woodbridge's Most Sought-After Communities. This Spacious 2-Bedroom, 2-Washroom Suite Offers A Highly Desirable Open Concept Layout That Connects The Living And Dining Areas, Creating A Bright And Functional Space Ideal For Both Everyday Living And Entertaining. Over 900 Sqft Of Living Space Makes This Unit Ideal For Downsizers, First Time Home Buyers Or Small Families. Large Windows Fill The Unit With Natural Light, Enhancing The Comfortable Design And Well-Planned Layout. Both Bedrooms Are Generously Sized, Offering Ample Space For Full Bedroom Furnishings And Additional Flexibility For A Home Office Or Sitting Area. The Practical Floorplan Includes Two Full Washrooms, Including An Ensuite To The Primary Bedroom, Providing Convenience And Privacy For Residents And Guests Alike. Step Outside To A Large Private Balcony Overlooking The Beautifully Maintained Garden And Courtyard, Complete With A Gas Line For BBQ - Perfect For Outdoor Cooking And Entertaining. This Unit Comes With One Parking Space And One Locker, With The Added Bonus Of The Parking Spot Being Located Right Next To The Elevator For Exceptional Convenience. Situated In The Vibrant Market Lane Area, You Are Just Steps To Boutique Shops, Restaurants, Cafés, And Everyday Amenities That Give The Neighbourhood Its Unique Charm. Commuters Will Appreciate Quick Access To Major Highways Including Highway 400, Highway 407, And Highway 427, Making Travel Throughout The GTA Simple And Efficient. Parks, Scenic Walking Trails, And Nearby Recreational Facilities Further Enhance The Appeal Of This Prime Woodbridge Location. A Fantastic Opportunity To Own In A Well-Established Community That Offers Space, Convenience, And An Unbeatable Woodbridge Lifestyle

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.79/mo

Includes CMHC insurance ($19,527)

$
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5%10%50%

5-yr fixed avg.

Principal: $629,899Interest: $427,810
Mortgage Amount$649,426
Total Interest$427,810
Est. Property Tax$496/mo
Total Cost$1,077,236

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: West Woodbridge

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

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

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.

70
Walk Score
Varies
Price Range

281 Woodbridge Avenue Unit 242, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$709
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$929

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.

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 $709/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 900 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 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 $2,916 (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.

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    281 Woodbridge Avenue Unit 242, Vaughan | $699,888 | Battaglia Team