$30,000/mo - 1 Cordoba Drive Unit UPH, Vaughan
Condo for Rent in Vaughan
140 days on market- MLS Number
- N12571428
- Property Type
- Condo
- Status
- active
- Days on Site
- 140
- Bedrooms
- 5
- Bathrooms
- 11
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Vaughan
- Locker
- Ensuite
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
The Upper Penthouse Of Alvear Palace Is A One-Of-A-Kind Luxury Property. Spanning Across The Top 2 Floors, Boasts 11,000+ Sq.Ft. Of Living Space + 5000+ Sq.Ft. Pool+ Entertaining Area. Every inch of this penthouse was designed with quality and elegance in mind. Rarely available features such as 5 Bedrooms, Spa Area With Sauna And Steam Room, Massive His/Her W/I Closets, 2 Professional Kitchens, Wet Bar, Dining Room Seating 30 Guests, Exercise Room, Sound-Insulated Theatre Room, Office with 3 Piece Bath and Fireplace, Soaring Ceilings, Staff Quarters, Private Underground Parking For 7 Cars And So Much More. A floating spiral staircase leads to the private pool and entertaining floor featuring a large saltwater pool and jacuzzi and large deck with a full professional grilling kitchen. Move-in ready as this property comes furnished with elegant furniture fitting and matching perfectly to the rooms of the home. All utilities included in lease for the main living floor! Pool Area Metered Separately. This is Truly A Dream Home For Entertaining!
Estimate your monthly payments for this property
Estimated Payment
$153.92/mo
Includes CMHC insurance ($837)
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 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
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.
1 Cordoba Drive Unit UPH, Vaughan
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $30,000/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Vaughan. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 140 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 5,000 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Vaughan.
Bathroom Count Matters
With 11 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.