1 Clark Avenue Unit 7, Vaughan

Price: $1,738,000

3 bedrooms, 3 bathrooms

3,000 - 3,499 sqft

Property Type: Condo

MLS#: N13157578

This Timeless European- inspired 2 story ultra-luxury Penthouse with floor to ceiling windows Captivating panoramic views from every angle. 3 Bedrooms, 3 Washrooms. 3024 Square feet . Showcases exceptional craftsmanship and luxurious designer finishes throughout .Every detail evokes the grandeur of Versailles ,featuring handcrafted door ,stunning chandelier in grand entry hallway and dining room area + upgraded designer light fixtures thru-out .open concept layout centered around a two-sided gas fireplace .the main floor is enhance with rich granite flooring ,molded ceiling ,the gourmet designer kitchen offers premium French -finished cabinetry ,granite countertop ,granite backsplash central island and B/I breakfast table .magnificent circular wrought-iron staircase with gold trim leads you to the second floor ,were quality hardwood flooring extend throughout .the luxurious primary suite features a spa-inspired ensuite complete with the spectacular golden dome-shape ceiling with stunning light fixtures and oversize jacuzzi tub ,separate shower ,massage jet, large private sauna ,bidet ,custom sink and facet ,design door .walking closet with closet organizer .the tired bedroom have large walk-in cedar closet, open concept to office with oversize windows showcasing breathtaking sunset view .two large open balcony off the family room and prime bed room .two side by side parking space and locker . low maintenance fee, all within a prestigious and highly sought-after location with walking distance to all amenities .this building offers 24-hour concierge ,indoor pool ,tennis court exercise room ,guest suites and more......

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$1,738,000 - 1 Clark Avenue Unit 7, Vaughan

Condo for Sale in Vaughan

3Beds
3Baths
3,000 - 3,499Sq Ft
Condo
Property Details
MLS Number
N13157578
Property Type
Condo
Status
active
Days on Site
23
Bedrooms
3
Bathrooms
3
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
HOMELIFE CLASSIC REALTY INC.
Description

This Timeless European- inspired 2 story ultra-luxury Penthouse with floor to ceiling windows Captivating panoramic views from every angle. 3 Bedrooms, 3 Washrooms. 3024 Square feet . Showcases exceptional craftsmanship and luxurious designer finishes throughout .Every detail evokes the grandeur of Versailles ,featuring handcrafted door ,stunning chandelier in grand entry hallway and dining room area + upgraded designer light fixtures thru-out .open concept layout centered around a two-sided gas fireplace .the main floor is enhance with rich granite flooring ,molded ceiling ,the gourmet designer kitchen offers premium French -finished cabinetry ,granite countertop ,granite backsplash central island and B/I breakfast table .magnificent circular wrought-iron staircase with gold trim leads you to the second floor ,were quality hardwood flooring extend throughout .the luxurious primary suite features a spa-inspired ensuite complete with the spectacular golden dome-shape ceiling with stunning light fixtures and oversize jacuzzi tub ,separate shower ,massage jet, large private sauna ,bidet ,custom sink and facet ,design door .walking closet with closet organizer .the tired bedroom have large walk-in cedar closet, open concept to office with oversize windows showcasing breathtaking sunset view .two large open balcony off the family room and prime bed room .two side by side parking space and locker . low maintenance fee, all within a prestigious and highly sought-after location with walking distance to all amenities .this building offers 24-hour concierge ,indoor pool ,tennis court exercise room ,guest suites and more......

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,687.76/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,390,400Interest: $915,928
Mortgage Amount$1,390,400
Total Interest$915,928
Est. Property Tax$1,231/mo
Total Cost$2,306,328

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

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

1 Clark Avenue Unit 7, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,360/mo
Range: $3,706 - $5,014
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,360
Maintenance Fees-$1,950
Property Tax (est.)-$1,231
Insurance (est.)-$362
Net Cash Flow+$817

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 $579/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.

Market Position

At 23 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    1 Clark Avenue Unit 7, Vaughan — $1,738,000 | Battaglia Team