$1,399,999 - 2910 Highway 7 Road Unit Ph05 (3605), Vaughan
Condo for Sale in Vaughan
67 days on market- MLS Number
- N12961966
- Property Type
- Condo
- Status
- active
- Days on Site
- 67
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- North West
- Balcony
- Terrace
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
*In-suite Elevator * This 2-storey penthouse in the heart of Vaughan offers over 2,030 sq. ft. of interior living space plus a 145 sq. ft. terrace with a gas line-ideal for outdoor dining, sunsets and entertaining. Designed with sophistication and comfort in mind, this home features 3 spacious bedrooms, 4 bathrooms, and a In-suite elevator for ultimate convenience. The main level boasts an open-concept floor plan with floor-to-ceiling windows, a chef's kitchen with high-end built-in appliances, quartz counters, and sleek modern finishes throughout. The expansive living and dining areas flow seamlessly to the private terrace, perfect for enjoying skyline views. Upstairs, the bedroom level is highlighted by a luxurious primary suite complete with a spa-inspired ensuite and walk-in closet, along with two additional bedrooms and bathrooms for family or guests. With premium wide-plank flooring, custom cabinetry, designer lighting, and meticulous attention to detail, this penthouse combines elegance with designer lighting, and meticulous attention to detail, this penthouse combines elegance with entertainment. 2 Parking 1 Oversized Storage Locker Room.
Estimate your monthly payments for this property
Estimated Payment
$6,192.67/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.
2910 Highway 7 Road Unit Ph05 (3605), 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
Competitive Pricing
At $700/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 67 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.
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 $5,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.