$659,900 - 5279 Highway 7 N/A Unit 203B, Vaughan
Condo for Sale in Vaughan
Neighbourhood: Vaughan Grove
- MLS Number
- N13646826
- Property Type
- Condo
- Status
- active
- Days on Site
- 17
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
*Wow*Absolutely Gorgeous Stylish Townhome Blending Contemporary Design With Exceptional Craftsmanship Offering A Living Experience Defined By Modern Elegance, Superior Finishes & An Innovative Layout!*Fantastic Open Concept Design Perfect For Entertaining Family & Friends*Featuring Gorgeous Hardwood Floors, Floor-To-Ceiling Windows & An Abundance Of Natural Light Throughout*Stunning Gourmet Chef-Inspired Kitchen Showcasing Quartz Countertops, Custom Backsplash, Stainless Steel Appliances, Centre Island With Breakfast Bar, Double Sink & Walkout To A Private Balcony With Modern Glass Railings Offering Sleek Panoramic Views*The Main Floor Also Features A Convenient Powder Room & Laundry Area*Retreat To The Spacious Primary Bedroom Complete With A Walk-In Closet & Luxurious 4-Piece Ensuite Featuring A Relaxing Soaker Tub*The Second Bedroom Offers Its Own Private Walkout Balcony Along With A Stylish 3-Piece Guest Bathroom*Escape To Your Spectacular Rooftop Terrace Oasis Perfect For Entertaining Or Relaxing!*Complete With Custom Outdoor Flooring, Propane BBQ & An Upgraded New Air Conditioner*Includes 1 Underground Parking Space & 1 Locker Conveniently Located Directly In Front Of The Parking Spot*Plenty Of Visitor Parking Available*Premium Location In The Heart Of Vaughan's Vibrant Community!*Enjoy Unbeatable Access To Highway 7, Highways 400 & 427, Public Transit, Shopping, Restaurants, Entertainment & Major Employment Hubs*Just Steps To The Veneto Centre, Beautiful Conservation Areas & Scenic Walking Trails*The Perfect Opportunity To Enjoy Sophisticated Urban Living In One Of Vaughan's Most Desirable Locations!*Put This Beauty On Your Must-See List Today!*
Estimate your monthly payments for this property
Estimated Payment
$3,385.63/mo
Includes CMHC insurance ($18,411)
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 Vaughan Grove
Vaughan Grove 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 Vaughan Grove
- •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
Vaughan Grove 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.
5279 Highway 7 N/A Unit 203B, 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 $660/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 17 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.
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 Vaughan Grove
I know Vaughan Grove 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 $2,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.