$689,900 - 7250 Yonge Street Unit PH211, Vaughan
Condo for Sale in Vaughan
New — Listed yesterdayNeighbourhood: Crestwood-Springfarm-Yorkhill
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- MLS Number
- N13869918
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Vaughan
- Taxes (2025)
- $2,988
- Maintenance Fees
- $1,122/mo
- Locker
- None
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
Experience elevated living in this rarely offered penthouse suite at the prestigious Palladium Condominiums in the heart of Thornhill. Perfectly positioned along the Yonge Street corridor, this bright and spacious 2-bedroom, residence offers thoughtfully designed living space, combining comfort, convenience, and exceptional value in one of Vaughan's most sought-after communities. Step inside to discover an open-concept layout flooded with natural light from large windows that showcase expansive views of surrounding green space and tennis courts. The inviting living and dining areas provide the perfect setting for both everyday living and entertaining. The modern kitchen features a full-size stainless steel appliance package, generous cabinetry, and ample counter space, making meal preparation both practical and enjoyable. The spacious primary bedroom creates a peaceful sanctuary to unwind after a long day. A well-proportioned second bedroom provide flexibility for families, guests, or professionals working from home. Ensuite laundry adds everyday convenience. One of the standout features of this penthouse offering is the inclusion of two tandem underground parking spaces a rare and valuable benefit in today's market. Residents enjoy access to an impressive collection of building amenities including a fitness centre, outdoor pool, tennis courts, sauna, party room, visitor parking, concierge service, and beautifully maintained common areas. Located just steps from shopping, restaurants, grocery stores, cafes, parks, and public transit, this exceptional residence offers unparalleled convenience. Enjoy easy access to major highways, the future Yonge North Subway Extension, Centrepoint Mall, Promenade
Estimate your monthly payments for this property
Estimated Payment
$3,539.54/mo
Includes CMHC insurance ($19,248)
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.
7250 Yonge Street Unit PH211, 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 $690/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. The $1122/month fees should cover building insurance, common elements, and reserve contributions.
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 $2,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.