$799,900 - 5309 Highway 7 N/A Unit 1103, Vaughan
Condo for Sale in Vaughan
New — Listed yesterday- MLS Number
- N13456864
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX ALL-STARS BENCZIK KAVANAGH TEAM
Modern 2-bedroom condo townhome offering 1,142 sqft of thoughtfully designed living space with a private rooftop terrace, ideally located close to shopping, dining, transit, schools, parks, and everyday amenities. The open-concept layout features laminate flooring, large windows, and a fireplace, creating a bright and inviting living and dining area that flows seamlessly into a gourmet kitchen with granite countertops, centre island with breakfast bar, stainless steel appliances, and stylish backsplash. A separate sitting area offers a walkout to a private balcony, perfect for morning coffee or relaxation. The upper level includes a spacious primary bedroom with two closets and a 3-piece ensuite, a second bedroom with its own private balcony, and a well-appointed 4-piece bathroom. The top level provides a dedicated office space and an expansive rooftop terrace ideal for work, relaxation, and entertaining. Enjoy exceptional connectivity with direct routes to Highways 407 and 427, providing efficient travel throughout the GTA and seamless connections to Toronto Pearson International Airport. Commuters will also appreciate convenient access to the Vaughan Metropolitan Centre TTC subway station, offering a direct transit connection to downtown Toronto and beyond.
Estimate your monthly payments for this property
Estimated Payment
$4,103.90/mo
Includes CMHC insurance ($22,317)
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.
5309 Highway 7 N/A Unit 1103, 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 $800/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 $3,333 (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.