$935,000 - 4800 Highway 7 N/A Unit 117, Vaughan
Condo for Sale in Vaughan
55 days on market- MLS Number
- N13040964
- Property Type
- Condo
- Status
- active
- Days on Site
- 55
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- Century 21 Signature Service
Welcome To This Stunning 2+1 Bedroom Suite in the Desirable "Avenue On 7" Boutique Condominium Complex, Boasting 1133 Square Feet with Floor to Ceiling Windows and a Walkout to a Beautiful Terrace.This Fully Upgraded Unit With 10 Foot Ceilings, Laminate Flooring Throughout, Caesar Stone Waterfall Counters, Ceramic Backsplash, Large Moveable Island, A Massive Wall Pantry For All Your Storage Needs, Custom Light Fixtures, Electric Zebra Blinds, Custom Feature Walls, 3 Bathrooms, Full Size Kitchen Appliances, Stacked Washer & Dryer; Central Vaccuum and Spacious Open Concept to Kitchen, Dining, and Family Room. Both Bedrooms Are Generously Sized With Large Windows. The Primary Bedroom Features Its Own 3 Piece Ensuite and a Walk-In Closet. The 2nd Bedroom has its Own Private 4-piece Ensuite As Well. The 3rd Room is a Very Large Office (Currently Being Used As A 3rd Bedroom) Featuring a Custom Glass Door for Privacy. Lastly, This Unit Includes Two Parking Spaces and One Locker.This Boutique Building Offers Top of the Line Luxury Amenities Including: Rooftop Outdoor Pool, BBQ Area, Playground, Gym, Sauna, Newly Updated Party Room, A Billiards Room, Guest Suite, Car Wash Station, and Concierge.The Building is Located Steps From Public Transit and Just Minutes to Vaughan Metropolitan Center, TTC, Plus Easy Access to Highways 7, 407, & 400. You Will Also Be Surrounded By Countless Amenities - Restaurants, Grocery Stores, Sports Complex, Movie Theatre, and Major Retailers - All Within Reach.Don't Miss Out On The Opportunity For This Beautiful 2 + 1 Bedroom Unit in the Upscale "Avenue On 7" Condominium Complex. Look No Further, This Unit Offers Everything You Want And More! It Won't Last Long!
Estimate your monthly payments for this property
Estimated Payment
$4,797.03/mo
Includes CMHC insurance ($26,087)
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.
4800 Highway 7 N/A Unit 117, 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 30+ years of GTA real estate experience
Fair Market Value
At $935/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 55 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $3,896 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.