$838,800 - 8 Larissa Court, Vaughan
Condo for Sale in Vaughan
New — Listed 2 days ago- MLS Number
- N13431862
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Vaughan
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- RE/MAX CROSSROADS REALTY INC.
Welcome to this bright and spacious, fully renovated two-bedroom townhouse in the highly desirable Maple community. Thoughtfully updated and impeccably maintained, this home offers a functional open-concept layout with engineered wood flooring throughout, creating a warm and modern living space. The updated kitchen features stainless steel appliances, quartz countertops, and a breakfast bar, making it perfect for both everyday living and entertaining. The finished walk-out basement provides valuable additional living space and offers direct access to a private, fenced backyard and the garage. Enjoy an exceptionally low maintenance fee of just $220 per month. Situated on a quiet, family-friendly court, this home is ideally located close to Vaughan Mills, Canada's Wonderland, Vaughan Metropolitan Centre Subway Station, GO Transit, major highways, hospitals, shopping, dining, parks, and more. An outstanding opportunity for first-time buyers, downsizers, or investors seeking exceptional value in one of Vaughan's most sought-after neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$4,303.48/mo
Includes CMHC insurance ($23,403)
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.
8 Larissa Court, 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
Fair Market Value
At $932/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 900 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,495 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.