120 promenade Circle Unit 307, Vaughan

Price: $839,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N12953314

Fully Renovated Luxury Corner Suite! Stunning open-concept layout with a new kitchen featuring quartz countertops, stainless steel appliances, and premium finishes. Both bathrooms beautifully remodelled with sleek, modern design. Enjoy new flooring, LED pot lights, crown molding, and brand-new fan coil units throughout. Spacious primary bedroom with designer touches and custom built-ins. Truly a top-quality renovation-nothing overlooked.Located in a prestigious building with exceptional amenities: 24-hour gatehouse & security, pool, gym, sauna, tennis/squash courts, party & meeting rooms, library, guest suite, and ample visitor parking.Move-in ready and a rare opportunity in an unbeatable location!

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active
New Listing
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$839,000 - 120 promenade Circle Unit 307, Vaughan

Condo for Sale in Vaughan

New — Listed 3 days ago
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N12953314
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
North West
Balcony
None
Listing Brokerage
FINE HOMES REALESTATE INC.
Description

Fully Renovated Luxury Corner Suite! Stunning open-concept layout with a new kitchen featuring quartz countertops, stainless steel appliances, and premium finishes. Both bathrooms beautifully remodelled with sleek, modern design. Enjoy new flooring, LED pot lights, crown molding, and brand-new fan coil units throughout. Spacious primary bedroom with designer touches and custom built-ins. Truly a top-quality renovation-nothing overlooked.Located in a prestigious building with exceptional amenities: 24-hour gatehouse & security, pool, gym, sauna, tennis/squash courts, party & meeting rooms, library, guest suite, and ample visitor parking.Move-in ready and a rare opportunity in an unbeatable location!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,304.50/mo

Includes CMHC insurance ($23,408)

$
$
5%10%50%

5-yr fixed avg.

Principal: $755,100Interest: $512,843
Mortgage Amount$778,508
Total Interest$512,843
Est. Property Tax$594/mo
Total Cost$1,291,351

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

120 promenade Circle Unit 307, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$594
Insurance (est.)-$175
Net Cash Flow+$1,371

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 $699/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.

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 $3,496 (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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