$525,000 - 1000 Portage Parkway Unit 1807, Vaughan
New Construction for Sale in Vaughan
- MLS Number
- N13109074
- Property Type
- New Construction
- Status
- active
- Days on Site
- 29
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 500 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- SMART SOLD REALTY
Zero-Minute Walk To Vaughan Metropolitan Centre Subway Station (Subway Entrance Right Outside The Lobby)! Luxurious TC4 Building Featuring Unobstructed South Viewing 1 Bedroom + 1 Den (With A Door And Fits A Full-Size Bed, Ideal As A Second Bedroom) And 2 Full Baths In The Heart Of Vaughan. Includes 1 Parking Space And 1 Locker! This Bright, Open-Concept Layout Features Desirable South Exposure, 9-Foot Ceilings, And Floor-To-Ceiling Windows That Fill The Space With Natural Light. Enjoy Laminate Flooring Throughout, Granite Countertops, And A Spacious Living Area With Walkout To A Large Balcony Offering Stunning Unobstructed Views. The Versatile Den Is Ideal As A Second Bedroom Or Private Home Office. Prime Location Within Zero Min Walking Distance To VMC Subway Station And Viva Bus Hub, Just 7 Minutes By Subway To York University. Quick 2-Minute Drive To Highways 7, 400, And 407. Only 7 Minutes To Canada's Wonderland And 20 Minutes To Pearson International Airport.
Estimate your monthly payments for this property
Estimated Payment
$2,693.52/mo
Includes CMHC insurance ($14,648)
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.
1000 Portage Parkway Unit 1807, Vaughan
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Rental income estimator & ROI calculator
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 $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.
Market Position
At 29 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.
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.
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 $2,188 (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.