8 Interchange Way Unit 3202, Vaughan

Price: $2,595

2 bedrooms, 2 bathrooms

600 sq ft

Property Type: Condo

MLS#: N12760298

Festival Tower C - Brand New Building (going through final construction stages) 696 sq feet interior - 2 Bedroom & 2 bathroom, Balcony - Open concept kitchen living room, - ensuite laundry, stainless steel kitchen appliances included. Engineered hardwood floors, stone counter tops. 1 Parking and 1 Locker Included

8 Interchange Way Unit 3202, Vaughan - Image 1
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$2,595 - 8 Interchange Way Unit 3202, Vaughan

Condo for Sale in Vaughan

2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
N12760298
Property Type
Condo
Status
active
Days on Market
1
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
City
Vaughan
Description

Festival Tower C - Brand New Building (going through final construction stages) 696 sq feet interior - 2 Bedroom & 2 bathroom, Balcony - Open concept kitchen living room, - ensuite laundry, stainless steel kitchen appliances included. Engineered hardwood floors, stone counter tops. 1 Parking and 1 Locker Included

Neighbourhood Guide: Vaughan

Discover Vaughan

Vaughan 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 Vaughan

  • 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

Vaughan 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

8 Interchange Way Unit 3202, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
835.6%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$2
Insurance (est.)-$1
Net Cash Flow+$1,807

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

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $4/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. 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.

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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