27 Korda Gate Unit 1503, Vaughan

Price: $873,000

2 bedrooms, 3 bathrooms

900 sqft

Property Type: Condo

MLS#: N13037708

Welcome To The 5th At Charisma. Price Is Exclusive Of HST. This Brand New C970, 2 Bed + 2.5 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 970 Sq. Ft Of Well Designed Interior Space + 149 Sq. Ft Balcony. W/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 1503 - Condo photo 1 of 4 in Vaughan, Ontario
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27 Korda Gate Unit 1503 - Condo photo 4 of 4 in Vaughan, Ontario
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$873,000 - 27 Korda Gate Unit 1503, Vaughan

Condo for Sale in Vaughan

51 days on market
2Beds
3Baths
900Sq Ft
Condo
Property Details
MLS Number
N13037708
Property Type
Condo
Status
active
Days on Site
51
Bedrooms
2
Bathrooms
3
Square Feet
900 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
METROPARK REALTY INC.
Description

Welcome To The 5th At Charisma. Price Is Exclusive Of HST. This Brand New C970, 2 Bed + 2.5 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 970 Sq. Ft Of Well Designed Interior Space + 149 Sq. Ft Balcony. W/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

$4,478.94/mo

Includes CMHC insurance ($24,357)

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5%10%50%

5-yr fixed avg.

Principal: $785,700Interest: $533,626
Mortgage Amount$810,057
Total Interest$533,626
Est. Property Tax$618/mo
Total Cost$1,343,683

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 1503, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$618
Insurance (est.)-$182
Net Cash Flow+$895

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $970/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.

Negotiation Opportunity

At 51 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 900 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.

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 $3,638 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    27 Korda Gate Unit 1503, Vaughan — $873,000 | Battaglia Team