$515,000 - 3700 Highway 7 Road Unit 707, Vaughan
Condo for Sale in Vaughan
33 days on marketNeighbourhood: Vaughan Corporate Centre
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- MLS Number
- N13747658
- Property Type
- Condo
- Status
- active
- Days on Site
- 33
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Vaughan
- Taxes (2025)
- $2,147
- Maintenance Fees
- $548/mo
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX EXPERTS
Welcome to unit 707 at 3700 Highway 7, Centro Square Condos, in the heart of Vaughan's Vaughan Metropolitan Centre neighbourhood. This 1 bedroom plus den has been heavily upgraded throughout and presents like a page out of a design magazine. Upgraded flooring runs throughout the main living space, complemented by upgraded fixtures, appliances and a striking fireplace feature wall that anchors the living area. The modern kitchen features an undermount sink and quartz countertops, with dedicated laundry room organization adding everyday function. 9 ft ceilings run throughout, and the large primary bedroom includes a walk-in closet with built-in organizers. A private balcony delivers unobstructed views. One parking spot and one locker are included. Building amenities include 24-hour concierge, party room, indoor pool, golf simulator, gym, and media room. Centro Square places residents steps from shops, restaurants, cafes, and grocery stores, with quick access to the Vaughan Metropolitan Centre subway station and Highways 400/407. Not to be missed.
Estimate your monthly payments for this property
Estimated Payment
$2,642.22/mo
Includes CMHC insurance ($14,369)
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 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
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.
3700 Highway 7 Road Unit 707, 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 $858/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 33 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 $548/month fees should cover building insurance, common elements, and reserve contributions.
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 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.
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 $2,146 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.