27 Korda Gate Unit 1410, Vaughan

Price: $657,900

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N12892906

Welcome To The 5th At Charisma. This Brand New, 1 Bed + 1 Bath Is Perfectly Located Right Next To Vaughan Mills Mall! This Luxuriously Finished & Perfectly Located Building Is Built By Greenpark And Offered For Sale Directly From The Builder. This Floorplan Features 527 Sq. Ft. Of Well Designed Interior Space + 67 Sq. Ft. Balcony. With Floor To Ceiling Windows For Max Light. Open Concept Kitchen With Large Centre Island & S/S Appliances. Building Features Outdoor Pool, Gym, 24 Hour Concierge, Party Room, Theatre + Much More. Enjoy Additional Commercial Amenities On Ground Level Of Building. Steps To Transit, Shopping, Dining And Minutes From Both Hwy 400 And Hwy 407.

27 Korda Gate Unit 1410 - Condo photo 1 of 5 in Vaughan, Ontario
27 Korda Gate Unit 1410 - Condo photo 2 of 5 in Vaughan, Ontario
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27 Korda Gate Unit 1410 - Condo photo 5 of 5 in Vaughan, Ontario
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$657,900 - 27 Korda Gate Unit 1410, Vaughan

Condo for Sale in Vaughan

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N12892906
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
METROPARK REALTY INC.
Description

Welcome To The 5th At Charisma. This Brand New, 1 Bed + 1 Bath Is Perfectly Located Right Next To Vaughan Mills Mall! This Luxuriously Finished & Perfectly Located Building Is Built By Greenpark And Offered For Sale Directly From The Builder. This Floorplan Features 527 Sq. Ft. Of Well Designed Interior Space + 67 Sq. Ft. Balcony. With Floor To Ceiling Windows For Max Light. Open Concept Kitchen With Large Centre Island & S/S Appliances. Building Features Outdoor Pool, Gym, 24 Hour Concierge, Party Room, Theatre + Much More. Enjoy Additional Commercial Amenities On Ground Level Of Building. Steps To Transit, Shopping, Dining And Minutes From Both Hwy 400 And Hwy 407.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,375.37/mo

Includes CMHC insurance ($18,355)

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5%10%50%

5-yr fixed avg.

Principal: $592,110Interest: $402,145
Mortgage Amount$610,465
Total Interest$402,145
Est. Property Tax$466/mo
Total Cost$1,012,610

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

27 Korda Gate Unit 1410, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$466
Insurance (est.)-$137
Net Cash Flow+$872

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

Premium Pricing

At $1316/sqft, this property is priced above the Vaughan average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 19 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.

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 $2,741 (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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