$899,900 - 281 Woodbridge Avenue Unit 509, Vaughan
Condo for Sale in Vaughan
Neighbourhood: West Woodbridge
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- MLS Number
- N13752182
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Vaughan
- Taxes (2026)
- $3,289
- Maintenance Fees
- $820/mo
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Welcome to this stunning and spacious 2-bedroom, 2-bathroom residence with 2-parking spaces in the highly sought-after Market Lane community. The bright open-concept versatile living space features 9-foot ceilings, floor-to-ceiling windows and an abundance of natural light throughout. The modern kitchen is finished with granite countertops and overlooks the breakfast bar and a flexible bonus area that could be used as a den, home office, sitting area or additional dining space. The open living and dining areas are ideal for entertaining and extend to a large balcony overlooking the beautiful, peaceful courtyard. Accessible from both the living room and the primary bedroom, the balcony provides generous outdoor living space and includes a convenient gas barbecue hookup. The spacious primary bedroom features a walk-in closet with built-in organizers and a luxurious five-piece ensuite. The second bedroom offers a double closet with organizers and is conveniently located near the second full bathroom. Additional highlights include ensuite laundry with a utility sink and storage, ample indoor and outdoor living space, and two parking spaces. Residents enjoy excellent building amenities, including a concierge, fitness centre, party room, guest suites and visitor parking. Located just steps from the shops, grocery stores, parks and restaurants of Market Lane, with convenient access to public transit and major highways, this exceptional condo offers a rare combination of space, flexibility, outdoor living and an unbeatable location.
Estimate your monthly payments for this property
Estimated Payment
$4,616.95/mo
Includes CMHC insurance ($25,107)
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.
281 Woodbridge Avenue Unit 509, 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 $1000/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 29 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 $820/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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.