3600 Highway 7 N/A Unit 423, Vaughan

Price: $689,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: N12900126

Centro Square Condos! Come view this 868 square feet 2 bedroom, 2 bathroom condo with a wraparound terrace, accessible from the living room & second bedroom . A storage locker located on the same floor is a cheeky luxury. 2 adjacent parking spots accommodate everyone in our car-centric world. Conveniently located around every store you could imagine, whether you need a haircut, Costco, Nations, or delicious food, everything is minutes away. If you want to catch a movie, Cineplex is right across the street! But for the homebodies, there's a plethora of entertainment on the 3rd floor amenity area. A movie/media room, a party room, virtual golf, sauna, swimming pool, and gym are all at your fingertips! A beautiful outdoor rooftop terrace is also available for BBQing in the summer. For all your friends coming to party, there is TONS visitor parking, so invite everyone!

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$689,000 - 3600 Highway 7 N/A Unit 423, Vaughan

Condo for Sale in Vaughan

2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
N12900126
Property Type
Condo
Status
active
Days on Site
17
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
South West
Balcony
Terrace
Listing Brokerage
HOMELIFE SUPERSTARS REAL ESTATE LIMITED
Description

Centro Square Condos! Come view this 868 square feet 2 bedroom, 2 bathroom condo with a wraparound terrace, accessible from the living room & second bedroom . A storage locker located on the same floor is a cheeky luxury. 2 adjacent parking spots accommodate everyone in our car-centric world. Conveniently located around every store you could imagine, whether you need a haircut, Costco, Nations, or delicious food, everything is minutes away. If you want to catch a movie, Cineplex is right across the street! But for the homebodies, there's a plethora of entertainment on the 3rd floor amenity area. A movie/media room, a party room, virtual golf, sauna, swimming pool, and gym are all at your fingertips! A beautiful outdoor rooftop terrace is also available for BBQing in the summer. For all your friends coming to party, there is TONS visitor parking, so invite everyone!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,534.93/mo

Includes CMHC insurance ($19,223)

$
$
5%10%50%

5-yr fixed avg.

Principal: $620,100Interest: $421,155
Mortgage Amount$639,323
Total Interest$421,155
Est. Property Tax$488/mo
Total Cost$1,060,478

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.

Ready to get pre-approved?

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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

3600 Highway 7 N/A Unit 423, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$488
Insurance (est.)-$144
Net Cash Flow+$1,048

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 $861/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.

Market Position

At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 800 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.

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 $2,871 (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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