5289 Highway 7 N/A Unit D-803, Vaughan

Price: $698,888

2 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13521746

Welcome to elevated urban living in the heart of Vaughan. This stunningly upgraded 2-bedroom, 3-bathroom boutique condo townhouse offers luxury finishes, thoughtful design, and an outdoor living experience that's truly one of a kind. Spanning three beautifully appointed levels, the home showcases soaring 10-foot ceilings on the main floor, engineered hardwood flooring, pot lights, and premium upgrades throughout. The open-concept layout is anchored by a designer kitchen featuring marble countertops, stainless steel appliances, custom cabinetry, and a striking marble waterfall centre island. A private balcony and convenient main floor powder room complete the space. Upstairs, you'll find two spacious bedrooms, including a primary suite with a walk-in closet and spa-inspired ensuite. The second bedroom is perfect as a guest room, home office, or nursery and is complemented by a second full bathroom. The showpiece is the exclusive private rooftop terrace an entertainer's dream featuring a built-in wet bar and additional refrigerator, perfect for relaxing or hosting family and friends. This exceptional home also includes two underground parking spaces, a storage locker, and underground visitor parking. Ideally located minutes from Highways 400, 407, and 427, Vaughan Metropolitan Centre Subway, TTC, shopping, restaurants, parks, libraries, and everyday amenities. Luxury finishes, premium upgrades, and an incredible rooftop retreat make this a rare opportunity to own one of Vaughan's most desirable boutique townhomes.

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New Listing
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$698,888 - 5289 Highway 7 N/A Unit D-803, Vaughan

Condo for Sale in Vaughan

New — Listed 4 days ago

Neighbourhood: Vaughan Grove

2Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13521746
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

Welcome to elevated urban living in the heart of Vaughan. This stunningly upgraded 2-bedroom, 3-bathroom boutique condo townhouse offers luxury finishes, thoughtful design, and an outdoor living experience that's truly one of a kind. Spanning three beautifully appointed levels, the home showcases soaring 10-foot ceilings on the main floor, engineered hardwood flooring, pot lights, and premium upgrades throughout. The open-concept layout is anchored by a designer kitchen featuring marble countertops, stainless steel appliances, custom cabinetry, and a striking marble waterfall centre island. A private balcony and convenient main floor powder room complete the space. Upstairs, you'll find two spacious bedrooms, including a primary suite with a walk-in closet and spa-inspired ensuite. The second bedroom is perfect as a guest room, home office, or nursery and is complemented by a second full bathroom. The showpiece is the exclusive private rooftop terrace an entertainer's dream featuring a built-in wet bar and additional refrigerator, perfect for relaxing or hosting family and friends. This exceptional home also includes two underground parking spaces, a storage locker, and underground visitor parking. Ideally located minutes from Highways 400, 407, and 427, Vaughan Metropolitan Centre Subway, TTC, shopping, restaurants, parks, libraries, and everyday amenities. Luxury finishes, premium upgrades, and an incredible rooftop retreat make this a rare opportunity to own one of Vaughan's most desirable boutique townhomes.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,585.66/mo

Includes CMHC insurance ($19,499)

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5-yr fixed avg.

Principal: $628,999Interest: $427,199
Mortgage Amount$648,498
Total Interest$427,199
Est. Property Tax$495/mo
Total Cost$1,075,697

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: Vaughan Grove

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

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

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.

70
Walk Score
Varies
Price Range

5289 Highway 7 N/A Unit D-803, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$1,069

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 $699/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Vaughan's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $2,912 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    5289 Highway 7 N/A Unit D-803, Vaughan | $698,888 | Battaglia Team