$999,900 - 7250 Yonge Street Unit PH110, Vaughan
Condo for Sale in Vaughan
40 days on marketNeighbourhood: Crestwood-Springfarm-Yorkhill
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- MLS Number
- N13722680
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Vaughan
- Taxes (2025)
- $3,422
- Maintenance Fees
- $1,607/mo
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rarely offered penthouse living with the feel of a bungalow in the sky! One of the largest suites in this prestigious luxury building, this completely remodelled 2+1 penthouse offers over 1,500 sq. ft. of sophisticated living space and breathtaking views in three directions-South, West & North. Perched high above the treetops, this exceptional residence is bathed in natural light and offers an enviable sense of privacy and serenity. The thoughtfully designed layout features an elegant living and dining area with built-in speakers, a spacious eat-in kitchen, two generous balconies, and expansive windows with motorized shades. The luxurious primary retreat boasts a five-piece ensuite, heated floors, and a large walk-in closet, while the second bedroom enjoys its own balcony walk-out and convenient access to a four-piece bath. Impeccably upgraded throughout with brand-new stainless-steel appliances, modern quartz countertops, Herringbone flooring, pot lights, and a generous foyer closet with a separate laundry area. Every detail has been thoughtfully curated for effortless, contemporary living. Maintenance includes all utilities, high-speed internet & cable. Enjoy an exceptional resort-style lifestyle with 24-hour concierge, outdoor pool, tennis court, squash court, gym, sauna, library, and party room. Just minutes to transit, restaurants, and schools. A truly distinctive penthouse offering space, luxury, privacy, and spectacular panoramic views- an elevated lifestyle in every sense.
Estimate your monthly payments for this property
Estimated Payment
$5,130.01/mo
Includes CMHC insurance ($27,897)
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 PH110, 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 $714/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 40 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 $1607/month fees should cover building insurance, common elements, and reserve contributions.
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.
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 $4,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.