8188 Yonge Street Unit 332, Vaughan

Price: $1,250,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N12933360

Exceptional suite at 8188 Yonge Street, perfectly positioned at the prestigious Yonge & Uplandsintersection in one of Thornhill's most desirable neighbourhoods. Offering an impressive total of 1170 sqft of living space, including 1,024 sq ft of refined interior living plus a remarkable 146 sq ft of terrace.This rare suite features floor-to-ceiling windows, abundant natural light, and expansive west views.Thoughtfully designed with 2 bedrooms plus a den. Finished with a modern kitchen featuring premiumMiele appliances and in-suite laundry. A truly one-of-a-kind offering combining luxury, privacy, and anelite location.Unmatched convenience with the future Yonge subway extension at your doorstep, providing seamlessaccess throughout the GTA. Steps to parks, trails, and the renowned Uplands Ski Centre, offeringyear-round recreation in a rare, nature-rich urban setting.

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$1,250,000 - 8188 Yonge Street Unit 332, Vaughan

Condo for Sale in Vaughan

76 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N12933360
Property Type
Condo
Status
active
Days on Site
76
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
West
Balcony
Terrace
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Exceptional suite at 8188 Yonge Street, perfectly positioned at the prestigious Yonge & Uplandsintersection in one of Thornhill's most desirable neighbourhoods. Offering an impressive total of 1170 sqft of living space, including 1,024 sq ft of refined interior living plus a remarkable 146 sq ft of terrace.This rare suite features floor-to-ceiling windows, abundant natural light, and expansive west views.Thoughtfully designed with 2 bedrooms plus a den. Finished with a modern kitchen featuring premiumMiele appliances and in-suite laundry. A truly one-of-a-kind offering combining luxury, privacy, and anelite location.Unmatched convenience with the future Yonge subway extension at your doorstep, providing seamlessaccess throughout the GTA. Steps to parks, trails, and the renowned Uplands Ski Centre, offeringyear-round recreation in a rare, nature-rich urban setting.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,529.17/mo

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5-yr fixed avg.

Principal: $1,000,000Interest: $658,751
Mortgage Amount$1,000,000
Total Interest$658,751
Est. Property Tax$885/mo
Total Cost$1,658,751

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

8188 Yonge Street Unit 332, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$965

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

Premium Pricing

At $1250/sqft, this property is priced above the Vaughan average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 76 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.

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 $5,208 (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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    MLS# N12933360 — 8188 Yonge Street Unit 332, V… | Battaglia Team