898 Portage Parkway Unit 5511, Vaughan

Price: $389,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N13664266

Breathtaking unobstructed high-rise views. Bright North-facing 1B, 1B unit at Transit City. Features large windows in every room. Modern kitchen outfitted with integrated appliances with open wall-mounted shelves for extra storage. Master planned For Convenience. Perfectly located steps to the VMC Subway Station and SmartCentres Bus Terminal, with quick access to Highways 400 & 407. Just minutes from the brand-new YMCA, Vaughan Mills, Costco, Walmart, Cineplex, and a wide variety of dining and entertainment options.

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$389,000 - 898 Portage Parkway Unit 5511, Vaughan

Condo for Sale in Vaughan

Popular Listing

Neighbourhood: Vaughan Corporate Centre

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N13664266
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX CONDOS PLUS CORPORATION
Description

Breathtaking unobstructed high-rise views. Bright North-facing 1B, 1B unit at Transit City. Features large windows in every room. Modern kitchen outfitted with integrated appliances with open wall-mounted shelves for extra storage. Master planned For Convenience. Perfectly located steps to the VMC Subway Station and SmartCentres Bus Terminal, with quick access to Highways 400 & 407. Just minutes from the brand-new YMCA, Vaughan Mills, Costco, Walmart, Cineplex, and a wide variety of dining and entertainment options.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,995.77/mo

Includes CMHC insurance ($10,853)

$
$
5%10%50%

5-yr fixed avg.

Principal: $350,100Interest: $237,778
Mortgage Amount$360,953
Total Interest$237,778
Est. Property Tax$276/mo
Total Cost$598,731

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: Vaughan Corporate Centre

Discover Vaughan Corporate Centre

Vaughan Corporate Centre 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 Corporate Centre

  • 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 Corporate Centre 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

898 Portage Parkway Unit 5511, 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)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$276
Insurance (est.)-$81
Net Cash Flow+$1,118

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 $778/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.

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 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 Vaughan Corporate Centre

I know Vaughan Corporate Centre 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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    898 Portage Parkway Unit 5511, Vaughan | $389,000 | Battaglia Team