$398,800 - 1000 Portage Parkway Unit 4502, Vaughan
Condo for Sale in Vaughan
New — Listed 5 days ago- MLS Number
- N12939340
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY TEAM SOBERANO
Experience The Pinnacle Of Urban Luxury In This Spectacular 1-Bedroom, 1-Bathroom Suite At The Prestigious Transit City 4, Located In The Heart Of Vaughan Metropolitan Centre. This Bright, Open-Concept Residence Offers Exceptional Functionality And An Abundance Of Natural Light, Creating An Airy And Welcoming Ambiance Throughout. Enjoy A Private Walk-Out Balcony To Your Own Urban Oasis-Featuring Unobstructed City Views. Highlights Include Soaring Ceilings, Floor-To-Ceiling Windows, High Quality Laminate Flooring, And Ensuite Laundry. The Combined Living And Dining Area Is Ideal For Entertaining Or Relaxing While Taking In The Breathtaking Views. The Sleek, Modern Kitchen Is Equipped With Premium Built-In Stainless Steel Appliances, Quartz Countertops, And A Stylish Backsplash. The Spacious Primary Bedroom Offers Floor-To-Ceiling Windows & A Large Double Door Closet, Blending Comfort With Contemporary Design. Residents Enjoy World-Class Amenities, Including A State-Of-The-Art Fitness Centre, Indoor Running Track, Yoga Studios, Rooftop Pool With Cabanas, Co-Working Spaces, And 24/7 Concierge Service. An Exceptional Opportunity To Own In One Of Vaughan's Most Sought-After Buildings-A Must-See!
Estimate your monthly payments for this property
Estimated Payment
$2,046.05/mo
Includes CMHC insurance ($11,127)
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 4502, 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 25+ years of GTA real estate experience
Competitive Pricing
At $798/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.
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.
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.
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.