$649,999 - 520 Steeles Avenue Unit 205, Vaughan
Condo for Sale in Vaughan
New — Listed 2 days ago- MLS Number
- N12955136
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP QUANTUM REALTY INC.
Not all condo layouts are built the same-and this one stands out. Welcome to the Emerald Model at the Posh Building, a rarely available corner suite with two balconies at 520 Steeles Ave West. With 2 bedrooms and 3 full bathrooms, this layout offers a level of space and separation that's hard to find in condo living. What makes this unit different is how well it works for real life. Both bedrooms have their own private ensuites, making it ideal for anyone who values privacy-whether that's downsizers with visiting family, families who need space, professionals working from home, or buyers who want clearly defined living spaces. The split-bedroom design allows for separation without sacrificing flow, and the third full bathroom adds flexibility that most condos simply don't offer. The corner exposure brings in natural light throughout the day, while the two balconies give you options-morning coffee, fresh air, or a quiet outdoor break without leaving home. Located on the second floor, access is quick and convenient without always needing the elevator. The unit includes one underground parking space and one locker. Maintenance fees cover central air conditioning, heat, water, parking, and common elements, keeping ownership straightforward and predictable. The building offers a full suite of amenities, including a fitness centre, 24-hour concierge, library, yoga studio, party room, guest suites, and visitor parking. Set along the Steeles corridor, you're close to transit, shopping, dining, schools, and everyday essentials, with easy access to Vaughan, Thornhill, and North York. If you've been looking for a condo that offers more space, better layout, and real day-to-day functionality, this is one you'll want to see.
Estimate your monthly payments for this property
Estimated Payment
$3,334.83/mo
Includes CMHC insurance ($18,135)
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.
520 Steeles Avenue Unit 205, 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
Competitive Pricing
At $650/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Vaughan's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 $2,708 (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.