4700 Highway 7 Road Unit 209, Vaughan

Price: $524,900

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: N12880336

Welcome To Vista Parc At 4700 Highway 7, A Conveniently Located Condominium In The Heart Of Woodbridge. This 1 Bedroom Plus Den Unit Offers A Functional Layout And Comfortable Living Space, Ideal For First-Time Buyers, Downsizers, Or Investors.Situated On The 2nd Floor, The Unit Features A Private Balcony Overlooking The Rear Of The Building, Providing Peaceful Views Of Mature Trees And Dedicate Barbecue Park Area. This Quiet Exposure Is Set Away From Highway 7, Allowing You To Enjoy A Tranquil Setting While Still Being Close To Everything The Area Has To Offer.Inside, The Open-Concept Layout Provides A Bright And Inviting Living Space That Flows Seamlessly From The Kitchen To The Living And Dining Areas. The Den Offers Flexible Use And Is Perfect For A Home Office, Reading Area, Or Additional Workspace. The Spacious Bedroom Provides Comfortable Accommodation With Convenient Access To It's Own Ensuite Bathroom.This Unit Also Includes A Dedicated Parking Space With A Large Locker Attached, Offering Convenient Additional Storage.Residents Of Vista Parc Enjoy Access To Excellent Building Amenities Including A Fitness Centre, A Large Party Room For Gatherings And Events, And Guest Suites For Visiting Family And Friends.Ideally Located Close To Shopping, Restaurants, Parks, Transit, And Major Highways, This Condo Combines Everyday Convenience With A Quiet Residential Feel In One Of Vaughan's Most Desirable Communities.A Fantastic Opportunity To Own A Well-Positioned Condo With Peaceful Views And Great Building Amenities.

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$524,900 - 4700 Highway 7 Road Unit 209, Vaughan

Condo for Sale in Vaughan

94 days on market
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
N12880336
Property Type
Condo
Status
active
Days on Site
94
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX PREMIER INC.
Description

Welcome To Vista Parc At 4700 Highway 7, A Conveniently Located Condominium In The Heart Of Woodbridge. This 1 Bedroom Plus Den Unit Offers A Functional Layout And Comfortable Living Space, Ideal For First-Time Buyers, Downsizers, Or Investors.Situated On The 2nd Floor, The Unit Features A Private Balcony Overlooking The Rear Of The Building, Providing Peaceful Views Of Mature Trees And Dedicate Barbecue Park Area. This Quiet Exposure Is Set Away From Highway 7, Allowing You To Enjoy A Tranquil Setting While Still Being Close To Everything The Area Has To Offer.Inside, The Open-Concept Layout Provides A Bright And Inviting Living Space That Flows Seamlessly From The Kitchen To The Living And Dining Areas. The Den Offers Flexible Use And Is Perfect For A Home Office, Reading Area, Or Additional Workspace. The Spacious Bedroom Provides Comfortable Accommodation With Convenient Access To It's Own Ensuite Bathroom.This Unit Also Includes A Dedicated Parking Space With A Large Locker Attached, Offering Convenient Additional Storage.Residents Of Vista Parc Enjoy Access To Excellent Building Amenities Including A Fitness Centre, A Large Party Room For Gatherings And Events, And Guest Suites For Visiting Family And Friends.Ideally Located Close To Shopping, Restaurants, Parks, Transit, And Major Highways, This Condo Combines Everyday Convenience With A Quiet Residential Feel In One Of Vaughan's Most Desirable Communities.A Fantastic Opportunity To Own A Well-Positioned Condo With Peaceful Views And Great Building Amenities.

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Estimate your monthly payments for this property

Estimated Payment

$2,693.01/mo

Includes CMHC insurance ($14,645)

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5-yr fixed avg.

Principal: $472,410Interest: $320,848
Mortgage Amount$487,055
Total Interest$320,848
Est. Property Tax$372/mo
Total Cost$807,903

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

4700 Highway 7 Road Unit 209, 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)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$372
Insurance (est.)-$109
Net Cash Flow+$1,329

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 $875/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.

Negotiation Opportunity

At 94 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.

Efficient Living

At 600 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 $2,187 (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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    4700 Highway 7 Road Unit 209, Vaughan | $524,900 | Battaglia Team