$588,000 - 4800 Highway 7 Road Unit 112, Vaughan
Condo for Sale in Vaughan
31 days on market- MLS Number
- N13120350
- Property Type
- Condo
- Status
- active
- Days on Site
- 31
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Welcome to Luxury Living at this Beautiful Ground Level 2 Bedroom Condo that feels like a Townhouse at the Prestigious Avenue on 7 Condos in Vaughan. With Soaring 10ft Ceilings and a Unique Over sized Interlocked Terrace with BBQ Gas Line that's Perfect for Entertaining or Enjoying a Relaxing Cup of Coffee in the Morning Watching the Sunrise. Enjoy Condo Living Amenities with Townhouse Style and Comfort. No more Waiting For Elevators! The Functional Open Concept Layout has Plenty of Space for a Dining Area and a Large Living Room with Enough Space for the Whole Family and Floor to Ceiling Windows Letting in Tons of Natural Light. The Modern Two Tone Kitchen features Built-in High End Appliances, Quartz Counter Tops and Plenty of Storage with a Separate Island that Can Be Used as Additional Counter Space. The Generously Sized Primary Bedroom Offers Floor to Ceiling Windows with High Ceilings creating an Open and Inviting Space. The Private Terrace with Unobstructed Views Truly Makes this Unit Stand Out From the Rest Making it an Ideal Option for Those looking for Outdoor Living Spaces. With Hotel like Amenities including a Roof Top Saltwater Pool, Roof Top Playground, BBQ's, Cabanas, High End Exercise Room, Sauna and a Luxuries Party Room and Game Room perfect for All Your Events. Excellent Walking Score with Multiple Transit Options Including Viva and Zum. Walking Distance to High Ranking Schools like Woodbridge College, Downtown Woodbridge, Local Library, Hockey Arena and Countless Amenities, Parks, Shops, Grocery and Restaurants at your Foot Steps. This is truly an Unique Unit that should not be missed!
Estimate your monthly payments for this property
Estimated Payment
$3,016.74/mo
Includes CMHC insurance ($16,405)
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 Road Unit 112, 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 $980/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 31 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 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 $2,450 (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.