$2,275/mo - 225 Commerce Street Unit 4703, Vaughan
Condo for Rent in Vaughan
- MLS Number
- N13137908
- Property Type
- Condo
- Status
- active
- Days on Site
- 30
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Vaughan
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- BAY STREET GROUP INC.
Welcome to this beautiful south-facing 1+1 unit with 9' ceiling and large floor to ceiling windows, including 1 UNDERGROUND PARKING AT MOST CONVENIENT SPOT LEVEL ONE. Den is enclosed with a door & suitable as 2nd bedroom. ***Live at the heart of Downtown Vaughan Metropolitan Centre with easy access to Hwy 7, Hwy 400 & Hwy 407, YRT and TTC metro line. Residents enjoy access to world-class amenities, including 24/7 concierge service, security monitoring, controlled access, a party room, outdoor terrace with BBQs, and a quiet courtyard. Minutes from the TTC subway station, VIVA, IKEA, Costco, Cineplex, and fine dining. Subway line to York University, Yorkdale Mall, and downtown Toronto, minutes from Canada Wonderland and Vaughan Mills Mall***Enjoy the open-concept kitchen and living area with build-in stainless steel appliances, a quartz countertop and laminate floors; open balcony with unobstructed views. The primary bedroom features a large window with natural light and includes a large closet for ample storage, and the bathroom features elegant porcelain tiles.
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.
225 Commerce Street Unit 4703, Vaughan
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $2,275/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Vaughan. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 30 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.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.