75 North Park Road Unit 1601, Vaughan

Price: $520,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N13460220

Welcome to this bright and impeccably maintained 1+Den suite at The Fountains, nestled in Vaughan's highly sought-after Beverley Glen community. Situated on a high floor with a desirable lower penthouse feel, this exceptional residence showcases breathtaking unobstructed views, abundant natural light, and a peaceful elevated setting. Thoughtfully upgraded and presented in excellent condition, the suite features a functional open-concept layout with 9-foot ceilings and expansive floor-to-ceiling windows that create an airy and inviting atmosphere. The modern kitchen is equipped with stainless steel appliances, quality finishes, and ample storage, seamlessly connecting to the spacious living and dining area-perfect for both everyday living and entertaining. The versatile den offers an ideal space for a home office, reading nook, or guest area, while the well-designed floor plan and in-suite laundry provide comfort and convenience throughout. Residents enjoy an impressive selection of resort-style amenities, including 24-hour concierge service, indoor swimming pool, fitness centre, sauna, party room, games room, media room, and more. Ideally located just steps from Promenade Shopping Centre, public transit, parks, schools, restaurants, and everyday conveniences, with quick access to Highways 7, 407, and 400. A fantastic opportunity for first-time buyers, professionals, downsizers, or investors seeking a move-in-ready home with spectacular views in one of Vaughan's most vibrant and connected neighbourhoods.

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New Listing
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$520,000 - 75 North Park Road Unit 1601, Vaughan

Condo for Sale in Vaughan

New — Listed yesterday
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N13460220
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Welcome to this bright and impeccably maintained 1+Den suite at The Fountains, nestled in Vaughan's highly sought-after Beverley Glen community. Situated on a high floor with a desirable lower penthouse feel, this exceptional residence showcases breathtaking unobstructed views, abundant natural light, and a peaceful elevated setting. Thoughtfully upgraded and presented in excellent condition, the suite features a functional open-concept layout with 9-foot ceilings and expansive floor-to-ceiling windows that create an airy and inviting atmosphere. The modern kitchen is equipped with stainless steel appliances, quality finishes, and ample storage, seamlessly connecting to the spacious living and dining area-perfect for both everyday living and entertaining. The versatile den offers an ideal space for a home office, reading nook, or guest area, while the well-designed floor plan and in-suite laundry provide comfort and convenience throughout. Residents enjoy an impressive selection of resort-style amenities, including 24-hour concierge service, indoor swimming pool, fitness centre, sauna, party room, games room, media room, and more. Ideally located just steps from Promenade Shopping Centre, public transit, parks, schools, restaurants, and everyday conveniences, with quick access to Highways 7, 407, and 400. A fantastic opportunity for first-time buyers, professionals, downsizers, or investors seeking a move-in-ready home with spectacular views in one of Vaughan's most vibrant and connected neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,667.87/mo

Includes CMHC insurance ($14,508)

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5-yr fixed avg.

Principal: $468,000Interest: $317,853
Mortgage Amount$482,508
Total Interest$317,853
Est. Property Tax$368/mo
Total Cost$800,361

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

75 North Park Road Unit 1601, 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)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$368
Insurance (est.)-$108
Net Cash Flow+$1,334

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

Fair Market Value

At $867/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.

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.

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 $2,167 (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.

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    75 North Park Road Unit 1601, Vaughan | $520,000 | Battaglia Team