8960 Jane Street Unit 2116, Vaughan

Price: $538,888

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: N13482934

Welcome to this stylish and upgraded 1+1 bedroom, 2-bathroom condo in the heart of Vaughan, offering the perfect blend of comfort, convenience, and lifestyle. Featuring a smart and functional layout, this suite is ideal for first-time buyers, professionals, downsizers, or investors.Thoughtfully upgraded throughout, the home features a premium quartz kitchen island, deep and extra-wide kitchen sink, elegant wainscoting, modern light fixtures, and a glass shower enclosure, creating a warm and contemporary feel. Neutral finishes make this a true move-in-ready opportunity.The spacious den offers excellent flexibility and can easily function as a home office, guest room, nursery, or additional living space. The primary bedroom features a private ensuite bathroom, while the second bathroom adds convenience for guests and everyday living.Residents enjoy access to an impressive selection of amenities, including an outdoor pool, fitness centre, yoga studio, sauna, games room, movie theatre, party room, rooftop terrace, community BBQ areas, and concierge service.Located in one of Vaughan's most vibrant and growing communities, this condo is just steps from Vaughan Mills Shopping Centre, offering endless shopping, dining, and entertainment options. Cortellucci Vaughan Hospital is minutes away, and quick access to Highways 400 and 407 makes commuting throughout the GTA effortless.Offering modern upgrades, functional living space, exceptional amenities, and an unbeatable location, this is a fantastic opportunity to own in the heart of Vaughan.

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$538,888 - 8960 Jane Street Unit 2116, Vaughan

Condo for Sale in Vaughan

Popular Listing

Neighbourhood: Vellore Village

2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
N13482934
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Welcome to this stylish and upgraded 1+1 bedroom, 2-bathroom condo in the heart of Vaughan, offering the perfect blend of comfort, convenience, and lifestyle. Featuring a smart and functional layout, this suite is ideal for first-time buyers, professionals, downsizers, or investors.Thoughtfully upgraded throughout, the home features a premium quartz kitchen island, deep and extra-wide kitchen sink, elegant wainscoting, modern light fixtures, and a glass shower enclosure, creating a warm and contemporary feel. Neutral finishes make this a true move-in-ready opportunity.The spacious den offers excellent flexibility and can easily function as a home office, guest room, nursery, or additional living space. The primary bedroom features a private ensuite bathroom, while the second bathroom adds convenience for guests and everyday living.Residents enjoy access to an impressive selection of amenities, including an outdoor pool, fitness centre, yoga studio, sauna, games room, movie theatre, party room, rooftop terrace, community BBQ areas, and concierge service.Located in one of Vaughan's most vibrant and growing communities, this condo is just steps from Vaughan Mills Shopping Centre, offering endless shopping, dining, and entertainment options. Cortellucci Vaughan Hospital is minutes away, and quick access to Highways 400 and 407 makes commuting throughout the GTA effortless.Offering modern upgrades, functional living space, exceptional amenities, and an unbeatable location, this is a fantastic opportunity to own in the heart of Vaughan.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,764.77/mo

Includes CMHC insurance ($15,035)

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5-yr fixed avg.

Principal: $484,999Interest: $329,398
Mortgage Amount$500,034
Total Interest$329,398
Est. Property Tax$382/mo
Total Cost$829,432

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: Vellore Village

Discover Vellore Village

Vellore Village 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 Vellore Village

  • 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

Vellore Village 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

8960 Jane Street Unit 2116, 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)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$382
Insurance (est.)-$112
Net Cash Flow+$1,316

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

Fair Market Value

At $898/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.

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 Vellore Village

I know Vellore Village 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 $2,245 (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.

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    8960 Jane Street Unit 2116, Vaughan | $538,888 | Battaglia Team