7608 Yonge Street Unit 116, Vaughan

Price: $399,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N13860846

Welcome to Minto Water Garden. A prestigious Boutique Residence on Yonge Street in the heart of Thornhill. A fabulous modern one bedroom thoughtfully designed suite with 9 ft ceilings in grey and white decor and a walkout to large terrace which offers fabulous indoor living space combined with outdoor entertaining space including ability to BBQ with an electric BBQ at an exceptional price point to enter the Fall Market. Enjoy luxury amenities including a fabulous Fitness Centre, Library, Media Room, Party Lounge with fireplace and bar, and Guest Suites to elevate the designated hotel vibe lifestyle Stylish, inviting, and perfectly located. Walk to schools, shopping , transit, parks and Community Centre. Look forward to upcoming transit for Yonge North Subway Extension on Yonge St. This is an incredible opportunity for first time buyers or investors looking for value and lifestyle.

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active
New Listing
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$399,000 - 7608 Yonge Street Unit 116, Vaughan

Condo for Sale in Vaughan

New — Listed 2 days ago

Neighbourhood: Crestwood-Springfarm-Yorkhill

1Beds
1Baths
500Sq Ft
Condo

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
N13860846
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Vaughan
Taxes (2026)
$1,978
Maintenance Fees
$502/mo
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
CENTURY 21 HERITAGE GROUP LTD.
Description

Welcome to Minto Water Garden. A prestigious Boutique Residence on Yonge Street in the heart of Thornhill. A fabulous modern one bedroom thoughtfully designed suite with 9 ft ceilings in grey and white decor and a walkout to large terrace which offers fabulous indoor living space combined with outdoor entertaining space including ability to BBQ with an electric BBQ at an exceptional price point to enter the Fall Market. Enjoy luxury amenities including a fabulous Fitness Centre, Library, Media Room, Party Lounge with fireplace and bar, and Guest Suites to elevate the designated hotel vibe lifestyle Stylish, inviting, and perfectly located. Walk to schools, shopping , transit, parks and Community Centre. Look forward to upcoming transit for Yonge North Subway Extension on Yonge St. This is an incredible opportunity for first time buyers or investors looking for value and lifestyle.

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

7608 Yonge Street Unit 116, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$502
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$932

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 $798/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 $502/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    7608 Yonge Street Unit 116, Vaughan | $399,000 | Battaglia Team