$1,049,000 - 100 Promenade Circle Unit 206, Vaughan
Condo for Sale in Vaughan
103 days on market- MLS Number
- N12826640
- Property Type
- Condo
- Status
- active
- Days on Site
- 103
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Welcome to this thoughtfully renovated 1,300 sq. ft. corner suite offering the perfect blend of style, space, and functionality. This bright 2-bedroom + office (easily a 3rd bedroom), 2-bathroom split-bedroom layout is flooded with natural light and features a private balcony for relaxing and entertaining. Step inside to beautiful hardwood floors and a stunning, custom-designed chef's kitchen complete with stainless steel appliances, granite countertops that seamlessly flow into the backsplash and waterfall edge, 24" porcelain tile, deep pantry, breakfast bar, and sleek pot lighting. The open-concept design connects effortlessly to the breakfast area and dining space, highlighted by elegant built-in cabinetry, crown moulding, pots lights and additional custom storage throughout the home. The spacious primary bedroom easily accommodates a king-size bed with room to spare, featuring two closets, including a walk-in. The luxurious ensuite offers double sinks and a large glass-enclosed walk-in shower. The second bedroom is thoughtfully designed with 2 Twin Murphy beds and wall-to-wall built-ins, maximizing both comfort and versatility. This redesigned suite also includes a dedicated laundry space with full size laundry tub, central vacuum system, and exceptional attention to detail throughout.Perfectly suited for those downsizing from a house, starting a family, or just seeking space and comfort, this exceptional suite offers both practicality and elegance. Enjoy unbeatable amenities including an indoor pool, hot tub & sauna, exercise, media and movie theatre rooms. All convenience just steps away including Promenade Mall, transit, restaurants, cafés, grocery stores, medical services & Walmart, Pickleplex, Bowling, library. For your added value, the maintenance fees include internet and cable. A truly exceptional home offering comfort, craftsmanship, and location-perfect for modern living.
Estimate your monthly payments for this property
Estimated Payment
$4,640.08/mo
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.
100 Promenade Circle Unit 206, Vaughan
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $874/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.
Negotiation Opportunity
At 103 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.
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.
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 $4,371 (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.