$820,000 - 3600 Highway 7 N/A Unit PH05, Vaughan
Condo for Sale in Vaughan
- MLS Number
- N13166188
- Property Type
- Condo
- Status
- active
- Days on Site
- 24
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Welcome to the Crown Jewel of 3600 Highway 7! Widely considered the best and most desirable floor plan in the entire building, this one-of-a-kind UPPER PENTHOUSE residence offers the grand scale and feel of a detached home with the effortless convenience of luxury condo living. Spanning nearly 1200 sq ft, the sun-drenched interior boasts gleaming hardwood floors, premium tile, and elegant crown molding throughout. Floor-to-ceiling windows frame spectacular, completely unobstructed northeast views of the downtown skyline. All premium window covering and lighting fixtures are included. The Chef's Kitchen is designed for effortless entertaining and serious cooking. This oversized kitchen features a custom backsplash, an abundance of counter space and integrated built-in cupboards. Premium appliances included are: Fisher and Paykel Refrigerator, Whirlpool Dishwasher, stove and microwave, Blomberg stacked washer and dryer, (housed in a large dedicated laundry room with custom closet organizers). Each bedroom features its own massive walk-in closet complete with custom closet organizers, maximizing storage and organization. Over $60 k spent on upgrades throughout. Perfectly situated, this unit's parking and locker spaces are situated mere steps for the elevator on P2-making grocery runs a breeze. All of this is located in an unbeatable location with rapid access to major highways, public transit, world-class shopping, diverse dining options and Costco.This unit is impeccable maintained for a truly turn-key move in. Amenities are amazing! A Well equipped gym, large indoor pool, golf simulator, media room, furnished guest suites, party room, outside terrace with BBQ's. Don't miss this opportunity to own the finest layout in the building on the most prestigious floor. Furniture is negotiable.
Estimate your monthly payments for this property
Estimated Payment
$4,207.03/mo
Includes CMHC insurance ($22,878)
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.
3600 Highway 7 N/A Unit PH05, Vaughan
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Rental income estimator & ROI calculator
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 $820/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 24 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.
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 $3,417 (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.