$612,000 - 520 Steeles Avenue Unit 205, Vaughan
Condo for Sale in Vaughan
Neighbourhood: Crestwood-Springfarm-Yorkhill
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- MLS Number
- N13758216
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Vaughan
- Taxes (2025)
- $3,253
- Maintenance Fees
- $986/mo
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP QUANTUM REALTY INC.
A corner condo with 2 bedrooms, 3 bathrooms and 2 balconies - this is not your typical condo layout. Welcome to the Emerald Model at Posh Condos, one of the building's larger layouts and a great option for buyers who want the convenience of condo living without giving up space and privacy. This bright corner suite features a practical split-bedroom floor plan, with each bedroom offering its own private ensuite - ideal for couples, downsizers, professionals, guests or family members who want their own space. A third bathroom adds even more convenience and is a feature rarely found in a 2-bedroom condo. The open-concept living and dining area is surrounded by windows and opens to one of two private balconies, giving you outdoor space on two sides of the suite. The second-floor location provides easy access without having to rely on the elevators for every trip. One underground parking space and one locker are included, and maintenance fees include central air conditioning, heat, water, parking and common elements. Residents enjoy 24-hour concierge service, fitness centre, yoga studio, library, party room, guest suites and visitor parking. Conveniently located at Bathurst & Steeles with transit at your doorstep and easy access to shopping, restaurants, schools, parks and everyday amenities in Thornhill, Vaughan and North York. If you've been comparing condos and want more than the typical 2-bedroom layout, Unit 205 deserves a closer look
Estimate your monthly payments for this property
Estimated Payment
$3,139.88/mo
Includes CMHC insurance ($17,075)
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 Crestwood-Springfarm-Yorkhill
Crestwood-Springfarm-Yorkhill 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 Crestwood-Springfarm-Yorkhill
- •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
Crestwood-Springfarm-Yorkhill 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.
520 Steeles Avenue Unit 205, 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 $612/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 28 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. The $986/month fees should cover building insurance, common elements, and reserve contributions.
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 Crestwood-Springfarm-Yorkhill
I know Crestwood-Springfarm-Yorkhill 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 $2,550 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.