30 Upper Mall Way Unit A1505, Vaughan

Price: $699,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: N13633958

Welcome to Promenade Park Towers, a stunning new development in the heart of Thornhill! This spacious 910 sq. ft. corner unit features 2 bedrooms + den and 2 full bathrooms (1 with a shower, 1 with a tub).Frameless glass doors in bathroom. Enjoy $50,000+ in modern upgrades including pot lights, centre island with upgraded countertops, tiles, tiled walls in bathrooms, vanities, mirrored closet doors, blinds, oversized locker. The open-concept layout, large windows, and private balcony provide plenty of natural light and captivating south west views. Connected directly to the Promenade Shopping Centre, you'll have access to shops, dining, and entertainment. Amenities include a fitness center, yoga studio, golf simulator, rooftop terrace, and more. Steps to Promenade VIVA Terminal & Rapid Transit. Easy access to major highways (407, 7, 400, 404), schools, parks, community centres, library, places of worship. Experience luxury and convenience at its best! Extras: Building Insurance, Central Air Conditioning, Common Elements, Heat, Water, Parking, Internet.

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$699,000 - 30 Upper Mall Way Unit A1505, Vaughan

Condo for Sale in Vaughan

Neighbourhood: Brownridge

3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
N13633958
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Welcome to Promenade Park Towers, a stunning new development in the heart of Thornhill! This spacious 910 sq. ft. corner unit features 2 bedrooms + den and 2 full bathrooms (1 with a shower, 1 with a tub).Frameless glass doors in bathroom. Enjoy $50,000+ in modern upgrades including pot lights, centre island with upgraded countertops, tiles, tiled walls in bathrooms, vanities, mirrored closet doors, blinds, oversized locker. The open-concept layout, large windows, and private balcony provide plenty of natural light and captivating south west views. Connected directly to the Promenade Shopping Centre, you'll have access to shops, dining, and entertainment. Amenities include a fitness center, yoga studio, golf simulator, rooftop terrace, and more. Steps to Promenade VIVA Terminal & Rapid Transit. Easy access to major highways (407, 7, 400, 404), schools, parks, community centres, library, places of worship. Experience luxury and convenience at its best! Extras: Building Insurance, Central Air Conditioning, Common Elements, Heat, Water, Parking, Internet.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

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5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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: Brownridge

Discover Brownridge

Brownridge 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 Brownridge

  • 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

Brownridge 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

30 Upper Mall Way Unit A1505, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$1,454

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 $777/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.

Market Position

At 19 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. We'll want to verify the monthly fees and what they include.

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 Brownridge

I know Brownridge 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.

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    30 Upper Mall Way Unit A1505, Vaughan | $699,000 | Battaglia Team