$899,000 - 120 Eagle Rock Way Unit 1506, Vaughan
Condo for Sale in Vaughan
- MLS Number
- N13142824
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Vaughan
- Locker
- Exclusive
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Experience refined living in this extensively upgraded 3+Den, 3-bath corner residence at The Mackenzie by Pemberton. Offering approximately 1,250 sq. ft. of bright, open-concept space with south-east exposure, floor-to-ceiling windows, and a private balcony, this suite delivers both functionality and elegance. Fully redesigned in 2024, the modern kitchen showcases porcelain countertops and backsplash, custom cabinetry, a large island, and premium upgraded appliances, including an LG refrigerator, Bosch induction cooktop, and Frigidaire oven. A custom TV feature wall, upgraded bathrooms, pot lights, and thoughtfully designed storage throughout elevate the overall finish. Ideally located steps to Maple GO, major highways, schools, parks, and everyday amenities, and just a 5-minute walk to Walmart and RONA. Includes 1 parking and 1 locker. A turnkey opportunity in a highly desirable Vaughan community.
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
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.
120 Eagle Rock Way Unit 1506, 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 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.
Market Position
At 25 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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Vaughan. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.