121 Woodbridge Avenue Unit 313, Vaughan

Price: $829,888

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13002002

Step into elevated living at The Terraces of Woodbridge, where modern luxury meets the charm of historic Market Lane in the heart of the Woodbridge Heritage Conservation District. This rare, beautifully renovated suite, offering approximately 1,122 sq ft of thoughtfully designed space is perfect for downsizers seeking effortless comfort or young professionals desiring a stylish, turnkey home in a vibrant, walkable community. This meticulously updated interior features a brand-new kitchen with elegant quartz countertops and sleek new appliances, along with beautifully redesigned bathrooms and custom closet organizers throughout. The functional layout boasts two generously sized bedrooms, two bathrooms, and a bright open-concept living and dining area-perfect for both everyday living and entertaining. A versatile laundry/storage room adds convenience, while the balcony offers picturesque views overlooking charming Woodbridge Avenue. Ideally situated in the heart of Market Lane, enjoy unparalleled walkability just steps to boutique shops, cafés, restaurants, daily essentials, and scenic trails along the Humber River. Commuters will appreciate easy access to major highways 400, 427 & 407 and transit options, being only 12 minutes from the VMC Subway. Residents of this well-managed building enjoy a host of premium amenities, including a private terrace, fitness centre with sauna and change rooms, party/meeting room, guest suite, visitor parking, on-site management, and a beautifully landscaped courtyard. Maintenance fees conveniently include heat, water, TV, and internet-offering exceptional value and peace of mind. Experience refined living in a vibrant and historic community! This turnkey home is ready to impress its next owner.

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New Listing
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$829,888 - 121 Woodbridge Avenue Unit 313, Vaughan

Condo for Sale in Vaughan

New — Listed yesterday
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13002002
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Vaughan
Locker
Common
Exposure
North
Balcony
Open
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Step into elevated living at The Terraces of Woodbridge, where modern luxury meets the charm of historic Market Lane in the heart of the Woodbridge Heritage Conservation District. This rare, beautifully renovated suite, offering approximately 1,122 sq ft of thoughtfully designed space is perfect for downsizers seeking effortless comfort or young professionals desiring a stylish, turnkey home in a vibrant, walkable community. This meticulously updated interior features a brand-new kitchen with elegant quartz countertops and sleek new appliances, along with beautifully redesigned bathrooms and custom closet organizers throughout. The functional layout boasts two generously sized bedrooms, two bathrooms, and a bright open-concept living and dining area-perfect for both everyday living and entertaining. A versatile laundry/storage room adds convenience, while the balcony offers picturesque views overlooking charming Woodbridge Avenue. Ideally situated in the heart of Market Lane, enjoy unparalleled walkability just steps to boutique shops, cafés, restaurants, daily essentials, and scenic trails along the Humber River. Commuters will appreciate easy access to major highways 400, 427 & 407 and transit options, being only 12 minutes from the VMC Subway. Residents of this well-managed building enjoy a host of premium amenities, including a private terrace, fitness centre with sauna and change rooms, party/meeting room, guest suite, visitor parking, on-site management, and a beautifully landscaped courtyard. Maintenance fees conveniently include heat, water, TV, and internet-offering exceptional value and peace of mind. Experience refined living in a vibrant and historic community! This turnkey home is ready to impress its next owner.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,257.75/mo

Includes CMHC insurance ($23,154)

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5-yr fixed avg.

Principal: $746,899Interest: $507,273
Mortgage Amount$770,053
Total Interest$507,273
Est. Property Tax$588/mo
Total Cost$1,277,326

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

121 Woodbridge Avenue Unit 313, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$588
Insurance (est.)-$173
Net Cash Flow+$949

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 30+ years of GTA real estate experience

Fair Market Value

At $830/sqft, this property is priced in line with current Vaughan market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

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 $3,458 (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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