1000 Portage Parkway Unit 207, Vaughan

Price: $749,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13017502

Stunning Corner Unit - 3 Bedrooms, 2 Bathrooms in Transit City 4, Vaughan. Experience modern living in this bright and spacious corner unit featuring 3 bedrooms and 2 bathrooms in the highly sought-after Transit City 4 Condo. Floor-to-ceiling windows flood the open-concept living, dining, and kitchen areas with natural light, creating an inviting and airy atmosphere. The unit is beautifully finished with quartz countertops, a stylish tiled backsplash, and sleek tiled showers. Designed with efficiency in mind, it also includes hydro-conserving controls for added sustainability. Conveniently located just steps from the Vaughan Metropolitan Centre subway station, with quick access to major 400-series highways. Only minutes away from York University, Canada's Wonderland, and the new Vaughan hospital.I left out the small sticky-note login and PIN details visible in the photo for privacy.

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$749,000 - 1000 Portage Parkway Unit 207, Vaughan

Condo for Sale in Vaughan

Popular Listing
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13017502
Property Type
Condo
Status
active
Days on Site
11
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Vaughan
Locker
Exclusive
Exposure
East West
Balcony
Juliette
Listing Brokerage
RE/MAX PREMIER INC.
Description

Stunning Corner Unit - 3 Bedrooms, 2 Bathrooms in Transit City 4, Vaughan. Experience modern living in this bright and spacious corner unit featuring 3 bedrooms and 2 bathrooms in the highly sought-after Transit City 4 Condo. Floor-to-ceiling windows flood the open-concept living, dining, and kitchen areas with natural light, creating an inviting and airy atmosphere. The unit is beautifully finished with quartz countertops, a stylish tiled backsplash, and sleek tiled showers. Designed with efficiency in mind, it also includes hydro-conserving controls for added sustainability. Conveniently located just steps from the Vaughan Metropolitan Centre subway station, with quick access to major 400-series highways. Only minutes away from York University, Canada's Wonderland, and the new Vaughan hospital.I left out the small sticky-note login and PIN details visible in the photo for privacy.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,842.76/mo

Includes CMHC insurance ($20,897)

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5-yr fixed avg.

Principal: $674,100Interest: $457,830
Mortgage Amount$694,997
Total Interest$457,830
Est. Property Tax$531/mo
Total Cost$1,152,827

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

1000 Portage Parkway Unit 207, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$1,423

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 $749/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.

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 $3,121 (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.

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