4700 Highway 7 N/A Unit 711, Vaughan

Price: $849,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13492552

Rarely Offered 2 story Penthouse suite with huge Terrace and beautiful views. With 3 bedrooms and 3 bathrooms, this open concept modern unit offers plenty of space. Approximately 1390 sq ft including the expansive outdoor terrace, perfect for relaxing or entertaining. 2 bedrooms on 2nd floor both with private ensuites, 2nd floor laundry, 9 ft ceilings, a grand entertainers kitchen combined with living. Corner unit with plenty of natural light from all angles. Parking and locker are conveniently beside one another. Beautiful Lobby / Sitting Area, Private Gym, Convenient Location Close To Public Transport, Shopping, Schools.

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$849,000 - 4700 Highway 7 N/A Unit 711, Vaughan

Condo for Sale in Vaughan

Popular Listing

Neighbourhood: East Woodbridge

3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13492552
Property Type
Condo
Status
active
Days on Site
11
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
South East
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE CERTIFIED REALTY
Description

Rarely Offered 2 story Penthouse suite with huge Terrace and beautiful views. With 3 bedrooms and 3 bathrooms, this open concept modern unit offers plenty of space. Approximately 1390 sq ft including the expansive outdoor terrace, perfect for relaxing or entertaining. 2 bedrooms on 2nd floor both with private ensuites, 2nd floor laundry, 9 ft ceilings, a grand entertainers kitchen combined with living. Corner unit with plenty of natural light from all angles. Parking and locker are conveniently beside one another. Beautiful Lobby / Sitting Area, Private Gym, Convenient Location Close To Public Transport, Shopping, Schools.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,355.81/mo

Includes CMHC insurance ($23,687)

$
$
5%10%50%

5-yr fixed avg.

Principal: $764,100Interest: $518,956
Mortgage Amount$787,787
Total Interest$518,956
Est. Property Tax$601/mo
Total Cost$1,306,743

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?

Know your exact budget before you start house hunting.

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

4700 Highway 7 N/A Unit 711, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$601
Insurance (est.)-$177
Net Cash Flow+$1,362

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 $708/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.

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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $3,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    4700 Highway 7 N/A Unit 711, Vaughan | $849,000 | Battaglia Team