2910 Highway 7 N/A Unit 808, Vaughan

Price: $699,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N12984056

*Super Rare Gem*. It Is One of The Biggest Units in The Building. This Gorgeous Unit Boasts Approximately 1200 Square Feet of Living Spaces! An ideal home designed for a large family; Suite Features an Open Concept Living Dining Rooms with Lots Sunlight Coming Through from The East. 9 Foot Floor to Ceiling Windows That Provide Spectacular 360 Views of The City. Laminate Floors Throughout. Spacious Gourmet Kitchen That Is Larger Than a Typical Kitchen of a House - Features Stainless Steel Appliances, Granite Counters, Breakfast Bar and Lots of Cabinet and Counter Spaces. Brand New Light Fixtures, New Automatic Zebra Blinds. 2 Large Bedrooms with Renovated Master Ensuite and Walk in Closet. A Spacious Den That Can Be an Office or Guest Room. **Parking and Locker Combination** (A Large Locker Room That Connects to The Parking Spot - Very Convenient - See Photo). State Of the Art Amenities with Concierge, Sauna, Swimming Pool, Party Room, Gym and Yoga Room. Mixed-use property with main floor commercial space featuring Niagara University, pharmacy, convenient store, hair salon, restaurants and coffee shop with direct access from the main lobby. An excellent income-generating property with strong rental potential. 5-minute walk to Vaughan Downtown which includes Walmart, local restaurants, Major Banks, Buca Restaurant and KPMG with over 500 employees, Vaughan Subway Station just 2 stops to York University and 40 minutes to Union Station. Proximity To Highway 400, E.T.R. 407. Vaughan Mills. B.B.Q.'S And Pets Allowed. Shows 10++

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$699,000 - 2910 Highway 7 N/A Unit 808, Vaughan

Condo for Sale in Vaughan

69 days on market
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N12984056
Property Type
Condo
Status
active
Days on Site
69
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
East
Balcony
None
Listing Brokerage
HOMELIFE KINGSVIEW REAL ESTATE INC.
Description

*Super Rare Gem*. It Is One of The Biggest Units in The Building. This Gorgeous Unit Boasts Approximately 1200 Square Feet of Living Spaces! An ideal home designed for a large family; Suite Features an Open Concept Living Dining Rooms with Lots Sunlight Coming Through from The East. 9 Foot Floor to Ceiling Windows That Provide Spectacular 360 Views of The City. Laminate Floors Throughout. Spacious Gourmet Kitchen That Is Larger Than a Typical Kitchen of a House - Features Stainless Steel Appliances, Granite Counters, Breakfast Bar and Lots of Cabinet and Counter Spaces. Brand New Light Fixtures, New Automatic Zebra Blinds. 2 Large Bedrooms with Renovated Master Ensuite and Walk in Closet. A Spacious Den That Can Be an Office or Guest Room. **Parking and Locker Combination** (A Large Locker Room That Connects to The Parking Spot - Very Convenient - See Photo). State Of the Art Amenities with Concierge, Sauna, Swimming Pool, Party Room, Gym and Yoga Room. Mixed-use property with main floor commercial space featuring Niagara University, pharmacy, convenient store, hair salon, restaurants and coffee shop with direct access from the main lobby. An excellent income-generating property with strong rental potential. 5-minute walk to Vaughan Downtown which includes Walmart, local restaurants, Major Banks, Buca Restaurant and KPMG with over 500 employees, Vaughan Subway Station just 2 stops to York University and 40 minutes to Union Station. Proximity To Highway 400, E.T.R. 407. Vaughan Mills. B.B.Q.'S And Pets Allowed. Shows 10++

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

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5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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

2910 Highway 7 N/A Unit 808, 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)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$1,499

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

Competitive Pricing

At $583/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 69 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.

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.

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 $2,913 (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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    2910 Highway 7 N/A Unit 808, Vaughan | $699,000 | Battaglia Team