2920 Highway 7 Road Unit 512, Vaughan

Price: $409,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N13248748

Experience refined urban living in this spacious 1-bedroom, 1-bathroom condo in the heart of Vaughan Metropolitan Centre. Thoughtfully designed with comfort and style in mind, this modern residence offers an exceptional opportunity for homeowners, professionals, and investors alike. Ideally located just steps from the TTC subway and minutes to York University, major highways, hospitals, and regional transit, this prime address delivers unmatched convenience and connectivity throughout the GTA. Residents enjoy access to premium amenities including a resort-style outdoor pool, state-ofthe-art fitness centre, elegant party rooms, and 24-hour concierge service. Surrounded by upscale shopping, dining, and entertainment, this vibrant community combines luxury, lifestyle, and urban convenience in one of Vaughan's most prestigious and fast-growing neighbourhoods. Own a home in one of Vaughan's most dynamic communities - book your private showing today.

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$409,000 - 2920 Highway 7 Road Unit 512, Vaughan

Condo for Sale in Vaughan

New — Listed 4 days ago
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N13248748
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
South West
Balcony
Enclosed
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Experience refined urban living in this spacious 1-bedroom, 1-bathroom condo in the heart of Vaughan Metropolitan Centre. Thoughtfully designed with comfort and style in mind, this modern residence offers an exceptional opportunity for homeowners, professionals, and investors alike. Ideally located just steps from the TTC subway and minutes to York University, major highways, hospitals, and regional transit, this prime address delivers unmatched convenience and connectivity throughout the GTA. Residents enjoy access to premium amenities including a resort-style outdoor pool, state-ofthe-art fitness centre, elegant party rooms, and 24-hour concierge service. Surrounded by upscale shopping, dining, and entertainment, this vibrant community combines luxury, lifestyle, and urban convenience in one of Vaughan's most prestigious and fast-growing neighbourhoods. Own a home in one of Vaughan's most dynamic communities - book your private showing today.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,098.38/mo

Includes CMHC insurance ($11,411)

$
$
5%10%50%

5-yr fixed avg.

Principal: $368,100Interest: $250,004
Mortgage Amount$379,511
Total Interest$250,004
Est. Property Tax$290/mo
Total Cost$629,515

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

2920 Highway 7 Road Unit 512, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$290
Insurance (est.)-$85
Net Cash Flow+$1,100

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

Fair Market Value

At $818/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 500 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.

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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    2920 Highway 7 Road Unit 512, V… — $409,000 | Battaglia Team