1 Cordoba Drive Unit Uph, Vaughan

Price: $5,249,000

5 bedrooms, 11 bathrooms

5,000+ sqft

Property Type: Condo

MLS#: N13449706

Step into a world of unparalleled opulence and sophistication, where every detail embodies the pinnacle of luxury. The Alvear Palace Upper PH is not just a residence; it's a sanctuary of extravagance that surpasses all expectations. Boasting 10,000+ sqft of meticulously designed living space that spans across two glorious floors, the Upper PH is an architectural marvel. It's not just a residence; it's an exquisite work of art. Picture yourself in your very own private oasis, where an additional 5,000+ sqft is dedicated to a stunning pool and entertaining area, offering a retreat that's nothing short of heavenly. Immerse yourself in a world of relaxation and rejuvenation within your own private spa area, featuring a sauna and steam room. Host lavish gatherings in a sprawling dining rm that can comfortably seat 30 esteemed guests. This is where your epicurean dreams come to life, creating moments that will be treasured forever. **EXTRAS** This Upper PH includes staff quarters, ensuring that your every need is met discreetly and efficiently. Rest assured with private underground parking for up to 7 cars, offering not only convenience but also a touch of exclusivity.

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New Listing
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$5,249,000 - 1 Cordoba Drive Unit Uph, Vaughan

Condo for Sale in Vaughan

New — Listed 2 days ago
5Beds
11Baths
5,000+Sq Ft
Condo
Property Details
MLS Number
N13449706
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
11
Square Feet
5,000+ sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
South West
Balcony
Terrace
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Step into a world of unparalleled opulence and sophistication, where every detail embodies the pinnacle of luxury. The Alvear Palace Upper PH is not just a residence; it's a sanctuary of extravagance that surpasses all expectations. Boasting 10,000+ sqft of meticulously designed living space that spans across two glorious floors, the Upper PH is an architectural marvel. It's not just a residence; it's an exquisite work of art. Picture yourself in your very own private oasis, where an additional 5,000+ sqft is dedicated to a stunning pool and entertaining area, offering a retreat that's nothing short of heavenly. Immerse yourself in a world of relaxation and rejuvenation within your own private spa area, featuring a sauna and steam room. Host lavish gatherings in a sprawling dining rm that can comfortably seat 30 esteemed guests. This is where your epicurean dreams come to life, creating moments that will be treasured forever. **EXTRAS** This Upper PH includes staff quarters, ensuring that your every need is met discreetly and efficiently. Rest assured with private underground parking for up to 7 cars, offering not only convenience but also a touch of exclusivity.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$23,218.10/mo

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5-yr fixed avg.

Principal: $4,199,200Interest: $2,766,229
Mortgage Amount$4,199,200
Total Interest$2,766,229
Est. Property Tax$3,718/mo
Total Cost$6,965,429

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 Cordoba Drive Unit Uph, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$6,760/mo
Range: $5,746 - $7,774
Cap Rate (ROI)
-0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$6,760
Maintenance Fees-$3,250
Property Tax (est.)-$3,718
Insurance (est.)-$1,094
Net Cash Flow-$1,302

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 $1050/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.

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.

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.

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    1 Cordoba Drive Unit Uph, Vaughan | $5,249,000 | Battaglia Team