7250 Yonge Street Unit 501, Vaughan

Price: $399,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13484572

Welcome to this spacious and impeccably maintained 2+1 bedroom, 2 bathroom residence offering 1,053 sq. ft. of comfortable living in one of Thornhill's most convenient locations. Featuring a sought-after north exposure, this bright and functional suite is filled with natural light and showcases expansive windows with tranquil treetop views.The well-designed layout offers generous principal rooms, a large living and dining area ideal for entertaining, and a versatile den that can easily serve as a home office, guest space, or additional sitting area. The bright eat-in kitchen provides ample cabinetry and workspace, while the sunroom offers the perfect spot to enjoy your morning coffee, unwind with a book, or create a light-filled workspace year-round.The spacious primary bedroom features excellent closet space and a private ensuite bathroom, while the second bedroom is generously sized and ideal for family, guests, or a home office. Convenient in-suite laundry and one owned parking space complete this exceptional offering. Residents enjoy an array of desirable amenities including an pool, sauna, fitness centre, party room, and beautifully maintained common areas. Ideally situated along the Yonge Street corridor, you're just steps to shopping, restaurants, transit, parks, and everyday conveniences, with easy access to major highways and the GTA. A fantastic opportunity for downsizers, first-time buyers, or investors seeking space, value, and an unbeatable Thornhill location.

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$399,000 - 7250 Yonge Street Unit 501, Vaughan

Condo for Sale in Vaughan

Popular Listing

Neighbourhood: Crestwood-Springfarm-Yorkhill

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13484572
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Welcome to this spacious and impeccably maintained 2+1 bedroom, 2 bathroom residence offering 1,053 sq. ft. of comfortable living in one of Thornhill's most convenient locations. Featuring a sought-after north exposure, this bright and functional suite is filled with natural light and showcases expansive windows with tranquil treetop views.The well-designed layout offers generous principal rooms, a large living and dining area ideal for entertaining, and a versatile den that can easily serve as a home office, guest space, or additional sitting area. The bright eat-in kitchen provides ample cabinetry and workspace, while the sunroom offers the perfect spot to enjoy your morning coffee, unwind with a book, or create a light-filled workspace year-round.The spacious primary bedroom features excellent closet space and a private ensuite bathroom, while the second bedroom is generously sized and ideal for family, guests, or a home office. Convenient in-suite laundry and one owned parking space complete this exceptional offering. Residents enjoy an array of desirable amenities including an pool, sauna, fitness centre, party room, and beautifully maintained common areas. Ideally situated along the Yonge Street corridor, you're just steps to shopping, restaurants, transit, parks, and everyday conveniences, with easy access to major highways and the GTA. A fantastic opportunity for downsizers, first-time buyers, or investors seeking space, value, and an unbeatable Thornhill location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

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5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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: Crestwood-Springfarm-Yorkhill

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

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

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.

70
Walk Score
Varies
Price Range

7250 Yonge Street Unit 501, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
5.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,744

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 $399/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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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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    7250 Yonge Street Unit 501, Vaughan | $399,000 | Battaglia Team