4800 Highway 7 N/A Unit 626, Vaughan

Price: $545,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: N13225748

Welcome to the prestigious & most sought after building Avenue on 7 Condos in the heart of Woodbridge! This bright and spacious south-facing 2-bedroom, 2-bathroom suite features soaring 9-ft ceilings, floor-to-ceiling windows, and an open-concept layout filled with natural light. Enjoy your private 120 sq. ft. balcony-perfect for relaxing or entertaining. Modern kitchen with stainless steel appliances, ensuite laundry, custom window coverings, and underground parking conveniently located near the unit. Ideal for first-time buyers, downsizers, or investors. Enjoy resort-style amenities including a rooftop saltwater pool, premium fitness center, sauna, party room, concierge, guest suite, kids' play area, car wash bay, and more. Steps to transit, shopping, restaurants, parks, schools, and major highways. Luxury, convenience, and lifestyle all in one exceptional address!

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$545,000 - 4800 Highway 7 N/A Unit 626, Vaughan

Condo for Sale in Vaughan

35 days on market

Neighbourhood: East Woodbridge

2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
N13225748
Property Type
Condo
Status
active
Days on Site
35
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
BAY STREET GROUP INC.
Description

Welcome to the prestigious & most sought after building Avenue on 7 Condos in the heart of Woodbridge! This bright and spacious south-facing 2-bedroom, 2-bathroom suite features soaring 9-ft ceilings, floor-to-ceiling windows, and an open-concept layout filled with natural light. Enjoy your private 120 sq. ft. balcony-perfect for relaxing or entertaining. Modern kitchen with stainless steel appliances, ensuite laundry, custom window coverings, and underground parking conveniently located near the unit. Ideal for first-time buyers, downsizers, or investors. Enjoy resort-style amenities including a rooftop saltwater pool, premium fitness center, sauna, party room, concierge, guest suite, kids' play area, car wash bay, and more. Steps to transit, shopping, restaurants, parks, schools, and major highways. Luxury, convenience, and lifestyle all in one exceptional address!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,796.13/mo

Includes CMHC insurance ($15,206)

$
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5-yr fixed avg.

Principal: $490,500Interest: $333,134
Mortgage Amount$505,706
Total Interest$333,134
Est. Property Tax$386/mo
Total Cost$838,840

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: 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

4800 Highway 7 N/A Unit 626, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$386
Insurance (est.)-$114
Net Cash Flow+$1,310

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 $908/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 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 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 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 $2,271 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    4800 Highway 7 N/A Unit 626, Vaughan | $545,000 | Battaglia Team