$768,000 - 50 Upper MAll Way Unit B-226, Vaughan
Condo for Sale in Vaughan
135 days on market- MLS Number
- N12671384
- Property Type
- Condo
- Status
- active
- Days on Site
- 135
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Vaughan
- Locker
- None
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- RIGHT AT HOME REALTY
Luxurious Brand New Corner Suite in Highly Desirable Promenade Park Towers!Enjoy direct access to Promenade Shopping Centre and an unbeatable location steps from transit, parks, top-rated schools, and every convenience.This stunning 2-bedroom, 2-bath corner unit offers large windows, high-quality zebra blinds, 9 ft ceilings, and an abundance of natural light with an unobstructed view. Thoughtfully upgraded throughout, featuring a sophisticated modern kitchen with built-in stainless steel appliances, quartz countertops, kitchen island, ceramic backsplash, European-style cabinetry, and premium ceramic & laminate flooring.Bright and functional open-concept layout, ideal for families. Walk out to your extra-large 380 sq ft private terrace-perfect for outdoor dining and entertaining.Top School District:Walking distance to Brownridge Public School, St. Elizabeth Catholic High School, and Westmount CI. Internet included in maintenance. 1 underground parking included. World-Class Building Amenities, 24-hr concierge & security, half-acre outdoor green roof terrace, yoga studio, fitness centre, party room, private dining room with kitchen, indoor/outdoor children's play areas, billiards room, media/game room, cards room, golf simulator, sports lounge, cyber lounge, study lounge, guest suites, rooftop terrace with dog run & playground. Unbeatable Location, steps to Promenade VIVA Terminal, library, community centre, parks, nature trails, golf & country clubs, theatres, supermarkets, restaurants, and entertainment. Easy access to Hwy 407, 7, 400, 404 & 401.Connected Modern Living at Its Best-A Must See!
Estimate your monthly payments for this property
Estimated Payment
$3,940.24/mo
Includes CMHC insurance ($21,427)
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.
50 Upper MAll Way Unit B-226, 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
Competitive Pricing
At $640/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 135 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.
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 $3,200 (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.