$510,000 - 7608 Yonge Street Unit 405, Vaughan
Condo for Sale in Vaughan
New — Listed 6 days agoNeighbourhood: Crestwood-Springfarm-Yorkhill
- MLS Number
- N13686320
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Live In Luxury! Perfect for first time home buyers! Welcome to 7608 Yonge Street, Suite 405, a beautifully updated 1+1-bedroom condo offering approximately 696 sq. ft. of open-concept living in the sought-after Minto WaterGarden. Freshly repainted and enhanced with brand-new luxury vinyl flooring throughout, this inviting suite features a spacious living and dining area with a custom built-in wall unit providing exceptional storage and walk-out to a private balcony with direct views of the tranquil water garden. The modern kitchen is equipped with stainless steel appliances, granite countertops, a ceramic backsplash and a new dishwasher. The primary bedroom offers a generous walk-in closet & upgraded barn-style sliding doors. while the versatile den includes a custom queen-sized Murphy bed, making it ideal for overnight guests or a home office. The four-piece bathroom features a built-in vanity and convenient in-suite laundry with a washer and dryer. One owned underground parking space and one owned locker are also included. Residents enjoy concierge and security services, an exercise room, games room, elegant party and meeting room, guest suites, visitor parking and a community BBQ in the beautifully landscaped outdoor water garden and patio area. Ideally surrounded by Thornhill Park, Pomona Mills Park, Winding Lane Park, York Hill District Park, Garnet A. Williams Community Centre, Goulding Community Recreation Centre and The Thornhill Golf Club for active living & sports. This location also provides access to excellent schools, including Thornhill Public School, Thornhill Secondary School, Baythorn Public School, St. Elizabeth Catholic High School, Hodan Nalayeh Secondary School, Westmount Collegiate & more. Plus nearby shopping, restaurants, Promenade Mall, Centerpoint Mall, YRT/Viva buses, GO Transit, Future TTC Yonge St. Subway Line Extension, Highway 407 and Highway 7 for convenient travel throughout the GTA.
Estimate your monthly payments for this property
Estimated Payment
$2,616.56/mo
Includes CMHC insurance ($14,229)
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.
7608 Yonge Street Unit 405, Vaughan
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Rental income estimator & ROI calculator
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
Fair Market Value
At $850/sqft, this property is priced in line with current Vaughan market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Efficient Living
At 600 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.
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 $2,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.