$699,000 - 4700 Highway 7 N/A Unit 507, Vaughan
Condo for Sale in Vaughan
35 days on marketNeighbourhood: East Woodbridge
- MLS Number
- N13230634
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- RE/MAX PREMIER INC.
Luxurious Corner Suite At Vista Parc Condos - Where Style Meets Convenience! Welcome To Unit 507 At 4700 Highway 7, A Stunning And Sun-Drenched Corner Suite Offering 929 Sq. Ft. Of Modern Living Space. This Fully Upgraded 2-Bedroom, 2-Bathroom Home Is Designed For Those Who Appreciate Natural Light, Featuring Massive Floor-To-Ceiling Windows And An Expansive, Private Wrap-Around Balcony With Breathtaking North-West Views. Suite Highlights: Modern Upgrades: Fully Finished With Premium Materials And A Sleek, Contemporary Aesthetic. Gourmet Kitchen: Equipped With Stainless Steel Appliances (Fridge, Stove, Dishwasher, Microwave). Spacious Layout: A Thoughtful Split-Bedroom Floor Plan For Added Privacy. Bonus Features: Includes 2 Side-By-Side Parking Spots And A Storage Locker Conveniently Located On Level C Near The Elevators and Heated Bathroom Floors. Extras: Ensuite Washer/Dryer, All Designer Light Fixtures, Window Coverings, And Built-In Audio Speakers For The Ultimate Entertainment Experience. Prime Location: Located In The Heart Of East Woodbridge, You Are Steps Away From Everything You Need.Transit At Your Door: Express Bus Service Directly To The Vaughan Metropolitan Centre Subway Station.Commuter's Dream: Seconds Away From Highways 400, 407, And 427. Lifestyle: Surrounded By Top-Tier Shopping, Dining, And Parks. Move-In Ready With A Flexible 60 Day Closing. This Gem Won't Last Long-Schedule Your Private Tour Today!
Estimate your monthly payments for this property
Estimated Payment
$3,586.23/mo
Includes CMHC insurance ($19,502)
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 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
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.
4700 Highway 7 N/A Unit 507, 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
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 35 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.
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 $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.