$668,000 - 2900 Highway 7 N/A Unit 202, Vaughan
Condo for Sale in Vaughan
New — Listed yesterday- MLS Number
- N12906980
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- Royal LePage Security Real Estate
This truly unique 1 + 1 bedroom suite is a masterpiece, boasting soaring 10-foot ceilings and an incredible 800 sq. ft. private terrace- your own outdoor oasis. RARE TWO-car parking (side-by-side) located steps from the elevator lobby, plus a storage locker. Every inch of this suite has been meticulously upgraded with high-end finishes. Stunning kitchen features custom Italian cabinetry, stainless steel appliances, and book-matched granite countertops with waterfall edges. The space is accented by a custom feature display wall, integrated LED inline mouldings, and a matching granite backsplash. Seamless Italian porcelain floors run throughout the entire suite for a sophisticated, modern aesthetic. Relax by the designer custom fireplace and entertainment centre, or utilize the den featuring a custom built-in MURPHY BED-perfect for guests or a home office. The stunning ensuite serves as a private sanctuary, complete with a heated towel rack for ultimate comfort, a spa-inspired rain shower with a sleek glass door. Space-saving pocket doors, ensuring every inch of this suite is utilized to its full potential. Step out onto the massive 800 sq. ft. terrace, complete with a gas BBQ hook-up. Suite located on the same level as the building's top-tier amenities! Steps away from the gym, indoor pool, sauna, games room, and party room. Prime Location: Minutes from Hwy 400, the Vaughan Metropolitan Centre (VMC) Subway Station, world-class dining, and premium shopping.This isn't just a condo; it's a lifestyle statement. Welcome home.
Estimate your monthly payments for this property
Estimated Payment
$3,427.19/mo
Includes CMHC insurance ($18,637)
5-yr fixed avg.
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.
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.
2900 Highway 7 N/A Unit 202, Vaughan
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Fair Market Value
At $954/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.
Efficient Living
At 700 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 $2,783 (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.