7398 Yonge Street Unit 106, Vaughan

Price: $399,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: N13044180

Fabulous Central Park On Yonge! This Bright and Spacious 1+1 Unit Features a Practical Open-concept Layout And a Versatile Den Ideal For Working From Home. Enjoy Carpet-free Living With Updated Laminate Flooring And a Modern Bathroom With a Glass-enclosed Shower. Walk Out To a Large, Private Terrace Featuring a Custom Wood Privacy Fence. Enjoy the Ultimate Convenience of Being Just Steps Away From Thornhill Public School, Perfect For Families Seeking a Prime, Walkable Location. Beautifully Landscaped Grounds With Parks And Steps to Restaurants, Viva Transit, Schools, and Banks. Walking Distance to Steeles Ave. Includes 1 Underground Parking & 1 Owned Locker.

7398 Yonge Street Unit 106 - Condo photo 1 of 17 in Vaughan, Ontario
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$399,900 - 7398 Yonge Street Unit 106, Vaughan

Condo for Sale in Vaughan

52 days on market
2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
N13044180
Property Type
Condo
Status
active
Days on Site
52
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Fabulous Central Park On Yonge! This Bright and Spacious 1+1 Unit Features a Practical Open-concept Layout And a Versatile Den Ideal For Working From Home. Enjoy Carpet-free Living With Updated Laminate Flooring And a Modern Bathroom With a Glass-enclosed Shower. Walk Out To a Large, Private Terrace Featuring a Custom Wood Privacy Fence. Enjoy the Ultimate Convenience of Being Just Steps Away From Thornhill Public School, Perfect For Families Seeking a Prime, Walkable Location. Beautifully Landscaped Grounds With Parks And Steps to Restaurants, Viva Transit, Schools, and Banks. Walking Distance to Steeles Ave. Includes 1 Underground Parking & 1 Owned Locker.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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.

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Neighbourhood Guide: Vaughan

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

7398 Yonge Street Unit 106, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,379

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $571/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 52 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.

Efficient Living

At 700 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.

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.

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    7398 Yonge Street Unit 106, Vau… — $399,900 | Battaglia Team