1000 Portage Parkway Unit 902, Vaughan

Price: $379,990

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N12923468

Welcome to luxury living at Transit City Condos (TC4) located at 1000 Portage Parkway in the heart of the Vaughan Metropolitan Centre. This bright and spacious north-facing 1-bedroom, 1-bathroom suite is one of the largest 1-bedroom layouts in the building, offering 536 sq. ft. of interior living space with a modern open-concept design. The unit features laminate flooring throughout, floor-to-ceiling windows, and abundant natural light, freshly painted and shows really well, The contemporary kitchen is equipped with built-in appliances, sleek cabinetry, beautiful backsplash, and quartz countertops, perfect for comfortable everyday living. The unit also includes ensuite laundry and a functional layout ideal for professionals, couples or investors.Built in 2023, the building offers over 20,000 sq. ft. of world-class amenities, including a state-of-the-art fitness centre, indoor running track, yoga and cardio studios, squash court, half basketball court, rooftop outdoor pool with cabanas, co-working and lounge spaces, elegant lobby, and 24-hour concierge.Unbeatable location steps to the Vaughan Metropolitan Centre subway station, providing quick access to downtown Toronto in about 30 minutes and only 5 minutes to York University. Easy access to Highways 400, 407, and 7 makes commuting simple. Surrounded by shopping, dining, and entertainment including Costco, Walmart, IKEA, restaurants, parks, and transit options.An excellent opportunity to own in one of Vaughan's fastest-growing urban communities.Make sure to check the Virtual tour and 3D Walkthrough for better understanding the space.

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$379,990 - 1000 Portage Parkway Unit 902, Vaughan

Condo for Sale in Vaughan

Popular Listing
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N12923468
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
North
Balcony
Juliette
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to luxury living at Transit City Condos (TC4) located at 1000 Portage Parkway in the heart of the Vaughan Metropolitan Centre. This bright and spacious north-facing 1-bedroom, 1-bathroom suite is one of the largest 1-bedroom layouts in the building, offering 536 sq. ft. of interior living space with a modern open-concept design. The unit features laminate flooring throughout, floor-to-ceiling windows, and abundant natural light, freshly painted and shows really well, The contemporary kitchen is equipped with built-in appliances, sleek cabinetry, beautiful backsplash, and quartz countertops, perfect for comfortable everyday living. The unit also includes ensuite laundry and a functional layout ideal for professionals, couples or investors.Built in 2023, the building offers over 20,000 sq. ft. of world-class amenities, including a state-of-the-art fitness centre, indoor running track, yoga and cardio studios, squash court, half basketball court, rooftop outdoor pool with cabanas, co-working and lounge spaces, elegant lobby, and 24-hour concierge.Unbeatable location steps to the Vaughan Metropolitan Centre subway station, providing quick access to downtown Toronto in about 30 minutes and only 5 minutes to York University. Easy access to Highways 400, 407, and 7 makes commuting simple. Surrounded by shopping, dining, and entertainment including Costco, Walmart, IKEA, restaurants, parks, and transit options.An excellent opportunity to own in one of Vaughan's fastest-growing urban communities.Make sure to check the Virtual tour and 3D Walkthrough for better understanding the space.

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Estimate your monthly payments for this property

Estimated Payment

$1,949.55/mo

Includes CMHC insurance ($10,602)

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5-yr fixed avg.

Principal: $341,991Interest: $232,271
Mortgage Amount$352,593
Total Interest$232,271
Est. Property Tax$269/mo
Total Cost$584,864

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 902, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$269
Insurance (est.)-$79
Net Cash Flow+$1,127

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $760/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.

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.

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