$519,900 - 48 Coles Avenue Unit 702, Vaughan
Condo for Sale in Vaughan
- MLS Number
- N12901128
- Property Type
- Condo
- Status
- delisted
- Days on Site
- 17
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- EXIT REALTY HARE (PEEL)
Welcome to this beautifully maintained 1-brm,1-bath boutique condo offering 571sf of thoughtfully designed living space in a mature, established neighbourhood. This rare end-unit faces a quiet street, providing a peaceful retreat while still being close to everything Vaughan has to offer. This bright and inviting unit features 9-ft ceilings, modern pot lights, and a functional open-concept layout. The kitchen equipped with granite countertops, S/S Appliances, breakfast bar, perfect for everyday living. The spacious bedroom includes a built-in closet organizer, and large windows. Enjoy the convenience of in-suite laundry, added storage, and a private balcony perfect for morning coffee or evening relaxation. Includes 1 underground parking and locker. Perfect for several of life's stages, whether you're buying your first home, simplifying your lifestyle, or seeking a smart investment. Must see unit being offered at an incredible price! Don't walk, run! This Corner unit is filled with natural light with large windows and is enhanced by pot lights. Enjoy stainless steel appliances, a convenient stacked washer/dryer with room for storage, and a well-appointed 4-piece bath. Incredible price!
Estimate your monthly payments for this property
Estimated Payment
$2,667.36/mo
Includes CMHC insurance ($14,505)
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.
48 Coles Avenue Unit 702, 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 25+ years of GTA real estate experience
Fair Market Value
At $1040/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 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.
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 $2,166 (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.