$598,000 - 7895 Jane Street Unit 1114, Vaughan
Condo for Sale in Vaughan
136 days on market- MLS Number
- N12411824
- Property Type
- Condo
- Status
- active
- Days on Site
- 136
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Situated in the heart of the Vaughan Metropolitan Centre, one of the fastest-growing urban hubs in the GTA, this stunning 2-bedroom, 2-bath condo at 7895 Jane Street offers unobstructed views, a spacious balcony, and your own parking spot. With the TTC subway just steps away, you're connected to downtown Toronto in minutes, and Highways 400 & 407 are right around the corner, making this a commuter's dream. The area is exploding with residential, commercial, and infrastructure development-including new office towers, retail plazas, green spaces, and cultural venues. With York University nearby and major employers setting up shop, demand is only going up. This unit isn't just a home-it's a smart portfolio move. Walk to cafes, restaurants, gyms, and entertainment. Shop at nearby big-box stores or explore the emerging retail scene. Whether it's a night out or a quiet stroll, this neighborhood delivers. Enjoy premium finishes, modern design, and access to top-tier amenities like a fitness centre, spa, concierge, and more. It's turnkey living with long-term upside. But here's the showstopper: enjoy front-row seats to Canada's Wonderland fireworks from the comfort of your home. It's not just a condo-it's a lifestyle upgrade. Clear views. Explosive growth. Fireworks included. This is your chance to own in Vaughan's most exciting corridor-before everyone else catches on.
Estimate your monthly payments for this property
Estimated Payment
$3,068.05/mo
Includes CMHC insurance ($16,684)
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.
7895 Jane Street Unit 1114, Vaughan
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Rental income estimator & ROI calculator
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
Fair Market Value
At $997/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.
Negotiation Opportunity
At 136 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 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 $2,492 (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.