$1,699,000 - 2908 Highway 7 Road Unit PH3804, Vaughan
Condo for Sale in Vaughan
50 days on market- MLS Number
- N13042898
- Property Type
- Condo
- Status
- active
- Days on Site
- 50
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Rarely Offered 3 Bedroom, 4 Bathroom 2-Storey Penthouse. A truly one-of-a-kind residence in the heart of Vaughan, never before offered on the market. Spanning approximately 2,150 sq ft, this exceptional duplex penthouse delivers an unmatched blend of space, design, and panoramic views from the 38th floor. The west exposure floods the unit with natural light through expansive floor-to-ceiling windows, which also offer breathtaking, unobstructed city views and unforgettable sunsets. The open-concept main level is designed for both everyday living and elevated entertaining, seamlessly connecting the living, dining, and kitchen spaces with premium finishes throughout. The roughed in water vapour fireplace adds that extra wow to enjoy every moment. A stunning glass staircase leads to the private upper level, where all three generously sized bedrooms each have a bathroom and custom storage, creating a rare level of comfort and privacy. Thoughtfully upgraded with high-end materials and designer details, this residence embodies true penthouse living. The functional yet luxurious layout offers the feel of a custom home in the sky-ideal for those seeking space without compromise. Complete with gas BBQ line on Balcony, two side by side parking spots, a locker, and located in a sought-after building with top-tier amenities including 24-hour concierge, fitness centre, indoor pool, and more. Just steps to the Vaughan Metropolitan Centre subway, with easy access to Hwy 400 & 407, Vaughan Mills, Wonderland, shopping, dining, and everything Vaughan has to offer. This is your chance to own a unit like no other, a true statement for the most discerning buyer.
Estimate your monthly payments for this property
Estimated Payment
$7,515.25/mo
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.
2908 Highway 7 Road Unit PH3804, 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 30+ years of GTA real estate experience
Fair Market Value
At $850/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 50 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Vaughan. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 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 $7,079 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.