4620 Highway 7 Drive Unit U310, Vaughan

Price: $649,999

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: N13488636

Luxury Living at its finest! Welcome to this Newly Renovated and Highly Desirable Low Rise Boutique Style Condo in the Heart of Woodbridge. This East Facing Freshly Painted Unit Features 9 Ft Ceilings, Brand New Hardwood Floors, New Kitchen Cabinets, Granite Countertops, Backsplash, S/S Appliances, Walk In Closet in Primary Bedroom, Beautiful Bay Window in a Very Spacious Design. Unit has a Private Balcony, 1 Underground Parking, with the availability of Renting or Purchasing a Second one, and a Storage Locker in a very Convenient Location.

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$649,999 - 4620 Highway 7 Drive Unit U310, Vaughan

Condo for Sale in Vaughan

Popular Listing

Neighbourhood: East Woodbridge

1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
N13488636
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
VANGUARD REALTY BROKERAGE CORP.
Description

Luxury Living at its finest! Welcome to this Newly Renovated and Highly Desirable Low Rise Boutique Style Condo in the Heart of Woodbridge. This East Facing Freshly Painted Unit Features 9 Ft Ceilings, Brand New Hardwood Floors, New Kitchen Cabinets, Granite Countertops, Backsplash, S/S Appliances, Walk In Closet in Primary Bedroom, Beautiful Bay Window in a Very Spacious Design. Unit has a Private Balcony, 1 Underground Parking, with the availability of Renting or Purchasing a Second one, and a Storage Locker in a very Convenient Location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.83/mo

Includes CMHC insurance ($18,135)

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5%10%50%

5-yr fixed avg.

Principal: $584,999Interest: $397,315
Mortgage Amount$603,134
Total Interest$397,315
Est. Property Tax$460/mo
Total Cost$1,000,449

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.

Ready to get pre-approved?

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Neighbourhood Guide: East Woodbridge

Discover East Woodbridge

East 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 East 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

East 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

4620 Highway 7 Drive Unit U310, 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)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$750

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

Fair Market Value

At $929/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.

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 700 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 East Woodbridge

I know East 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 $2,708 (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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    4620 Highway 7 Drive Unit U310, Vaughan | $649,999 | Battaglia Team