498 Caldari Road Unit 2027, Vaughan

Price: $495,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N13460982

Welcome to Abeja District 3- one of Vaughan's most sought-after new communities. This beautifully designed 1+Den suite offers exceptional value with 1 parking space and 1 locker included.Filled with natural light, this bright and modern residence features over 550 sq. ft. of thoughtfully designed living space, complete with smooth ceilings, wide-plank flooring, and a functional open-concept layout. The upgraded kitchen showcases stone countertops, built-in stainless steel appliances, a gourmet range and oven, and a spacious dining area perfect for everyday living and entertaining.The inviting living area walks out to a private balcony with beautiful unobstructed cityviews. The versatile den provides the ideal space for a home office, guest room, or potential second bedroom. The primary bedroom features floor-to-ceiling windows and a large closet,creating a bright and comfortable retreat. Additional highlights include ensuite laundry, a stylish 4-piece bathroom, and contemporary finishes throughout.Perfectly situated at the vibrant Jane & Rutherford corridor, residents enjoy unparalleled convenience just steps from Vaughan Mills, parks, top-rated restaurants, transit, the Vaughan Metropolitan Centre subway, and countless everyday amenities.Residents of Abeja District 3 enjoy premium amenities including 24-hour concierge service, a state-of-the-art fitness centre, yoga studio, party room, and beautifully landscaped outdoor spaces.An outstanding opportunity for first-time buyers, investors, or professionals seeking modern living in one of Vaughan's fastest-growing communities.

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$495,000 - 498 Caldari Road Unit 2027, Vaughan

Condo for Sale in Vaughan

Neighbourhood: Concord

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N13460982
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Welcome to Abeja District 3- one of Vaughan's most sought-after new communities. This beautifully designed 1+Den suite offers exceptional value with 1 parking space and 1 locker included.Filled with natural light, this bright and modern residence features over 550 sq. ft. of thoughtfully designed living space, complete with smooth ceilings, wide-plank flooring, and a functional open-concept layout. The upgraded kitchen showcases stone countertops, built-in stainless steel appliances, a gourmet range and oven, and a spacious dining area perfect for everyday living and entertaining.The inviting living area walks out to a private balcony with beautiful unobstructed cityviews. The versatile den provides the ideal space for a home office, guest room, or potential second bedroom. The primary bedroom features floor-to-ceiling windows and a large closet,creating a bright and comfortable retreat. Additional highlights include ensuite laundry, a stylish 4-piece bathroom, and contemporary finishes throughout.Perfectly situated at the vibrant Jane & Rutherford corridor, residents enjoy unparalleled convenience just steps from Vaughan Mills, parks, top-rated restaurants, transit, the Vaughan Metropolitan Centre subway, and countless everyday amenities.Residents of Abeja District 3 enjoy premium amenities including 24-hour concierge service, a state-of-the-art fitness centre, yoga studio, party room, and beautifully landscaped outdoor spaces.An outstanding opportunity for first-time buyers, investors, or professionals seeking modern living in one of Vaughan's fastest-growing communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,539.61/mo

Includes CMHC insurance ($13,811)

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5-yr fixed avg.

Principal: $445,500Interest: $302,571
Mortgage Amount$459,311
Total Interest$302,571
Est. Property Tax$351/mo
Total Cost$761,882

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: Concord

Discover Concord

Concord 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 Concord

  • 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

Concord 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

498 Caldari Road Unit 2027, 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)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$351
Insurance (est.)-$103
Net Cash Flow+$1,356

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 $825/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 19 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 Concord

I know Concord 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.

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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    498 Caldari Road Unit 2027, Vaughan | $495,000 | Battaglia Team