110 Promenade Circle Unit 808, Vaughan

Price: $649,900

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N12933698

Big, Bright, and Beautiful! Welcome to Royal Promenade 2 condos, where prime Thornhill location meets luxury condo living! One of the most sought after buildings in the heart of Thornhill offering oversized floor plan with 1,260sqft spanning across bright and spacious open concept living space! Featuring two large bedrooms fit for king sized beds (primary with 4pc ensuite bathroom and his/her closets) + open solarium | Big welcoming foyer | Eat-in galley kitchen with stainless steel appliances giving direct access to enormous dining room | Spacious bright living space featuring enormous bay window giving you clear unobstructed south / west breathtaking panoramic sunset views. Ensuite laundry room with plenty of storage | Vinyl floors through out | Sizeable windows everywhere allows for tons of natural light | Meticulously kept by same owner the last 20 years | Clean, well managed building offering A+ resort style amenities and one of very few Thornhill complexes with 24/7 gate-house security | All inclusive maintenance fees | Comes with one premium P1 parking spot (near entry door) and one locker. Quiet & secure complex just steps to Promenade mall, Walmart, No Frills, Disera strip, Parks, Shuls, & top-rated schools. Units here don't last long, act fast!

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$649,900 - 110 Promenade Circle Unit 808, Vaughan

Condo for Sale in Vaughan

78 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N12933698
Property Type
Condo
Status
active
Days on Site
78
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
South West
Balcony
None
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Big, Bright, and Beautiful! Welcome to Royal Promenade 2 condos, where prime Thornhill location meets luxury condo living! One of the most sought after buildings in the heart of Thornhill offering oversized floor plan with 1,260sqft spanning across bright and spacious open concept living space! Featuring two large bedrooms fit for king sized beds (primary with 4pc ensuite bathroom and his/her closets) + open solarium | Big welcoming foyer | Eat-in galley kitchen with stainless steel appliances giving direct access to enormous dining room | Spacious bright living space featuring enormous bay window giving you clear unobstructed south / west breathtaking panoramic sunset views. Ensuite laundry room with plenty of storage | Vinyl floors through out | Sizeable windows everywhere allows for tons of natural light | Meticulously kept by same owner the last 20 years | Clean, well managed building offering A+ resort style amenities and one of very few Thornhill complexes with 24/7 gate-house security | All inclusive maintenance fees | Comes with one premium P1 parking spot (near entry door) and one locker. Quiet & secure complex just steps to Promenade mall, Walmart, No Frills, Disera strip, Parks, Shuls, & top-rated schools. Units here don't last long, act fast!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.32/mo

Includes CMHC insurance ($18,132)

$
$
5%10%50%

5-yr fixed avg.

Principal: $584,910Interest: $397,255
Mortgage Amount$603,042
Total Interest$397,255
Est. Property Tax$460/mo
Total Cost$1,000,297

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

110 Promenade Circle Unit 808, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,145

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 $542/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.

Negotiation Opportunity

At 78 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.

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 $2,708 (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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    110 Promenade Circle Unit 808… — $649,900 | Battaglia Team