2908 Highway 7 N/A Unit Th 104, Vaughan

Price: $989,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N12948786

A rare private-entry lux town at the prestigious NORD East Condos, where the refined design reflects an elevated urban lifestyle. Known for its exceptional amenities and well-regarded Del Property Management, the bright, open interior features soaring ceilings, expansive windows, and a seamless walkout to a private terrace, ideal for dining alfresco, complete with a BBQ gas line, waterline, and your own private exterior entry gate, perfect for an active, pet-friendly lifestyle. The integrated chef's kitchen showcases Caesarstone counters and premium Miele appliances, blending style with everyday functionality. A spacious main-floor den with mirrored closets offers versatility as an office or a guest room, conveniently located near the powder room. The elegant glass staircase leads to a generous primary retreat featuring a large walk-in closet and a well appointed ensuite with extended double vanities. Custom blinds, pot lights, chandeliers, and curated finishes enhance the home throughout. Residents enjoy resort-style amenities including an aqua oasis with indoor/outdoor pools, yoga studio, fitness centre, 24-hour concierge, guest suites, theatre room, party room, chef's table, and pet spa. Access to a new park featuring a children's play area adds to the community"s appeal. Includes a storage locker and a dedicated underground parking space, plus ample ground level visitor parking. With a 10 min. walk to the VMC (subway, TTC line 1), & the SmartVMC bus terminal, & Viva transit, the power of proximity offers seamless connectivity to the city.

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New Listing
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$989,000 - 2908 Highway 7 N/A Unit Th 104, Vaughan

Condo for Sale in Vaughan

New — Listed 4 days ago
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N12948786
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
North
Balcony
Terrace
Listing Brokerage
RE/MAX ROUGE RIVER REALTY LTD.
Description

A rare private-entry lux town at the prestigious NORD East Condos, where the refined design reflects an elevated urban lifestyle. Known for its exceptional amenities and well-regarded Del Property Management, the bright, open interior features soaring ceilings, expansive windows, and a seamless walkout to a private terrace, ideal for dining alfresco, complete with a BBQ gas line, waterline, and your own private exterior entry gate, perfect for an active, pet-friendly lifestyle. The integrated chef's kitchen showcases Caesarstone counters and premium Miele appliances, blending style with everyday functionality. A spacious main-floor den with mirrored closets offers versatility as an office or a guest room, conveniently located near the powder room. The elegant glass staircase leads to a generous primary retreat featuring a large walk-in closet and a well appointed ensuite with extended double vanities. Custom blinds, pot lights, chandeliers, and curated finishes enhance the home throughout. Residents enjoy resort-style amenities including an aqua oasis with indoor/outdoor pools, yoga studio, fitness centre, 24-hour concierge, guest suites, theatre room, party room, chef's table, and pet spa. Access to a new park featuring a children's play area adds to the community"s appeal. Includes a storage locker and a dedicated underground parking space, plus ample ground level visitor parking. With a 10 min. walk to the VMC (subway, TTC line 1), & the SmartVMC bus terminal, & Viva transit, the power of proximity offers seamless connectivity to the city.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,074.08/mo

Includes CMHC insurance ($27,593)

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5-yr fixed avg.

Principal: $890,100Interest: $604,532
Mortgage Amount$917,693
Total Interest$604,532
Est. Property Tax$701/mo
Total Cost$1,522,225

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

2908 Highway 7 N/A Unit Th 104, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$701
Insurance (est.)-$206
Net Cash Flow+$1,233

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

Fair Market Value

At $824/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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $4,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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