$788,800 - 85 North Park Road Unit LPH 06, Vaughan
Condo for Sale in Vaughan
New — Listed 2 days ago- MLS Number
- N13410048
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RE/MAX CROSSROADS REALTY INC.
**Location! Location! **Rarely Offered Luxury Lower Penthouse Corner Suite Featuring 2 Bedrooms, 2 Full Bathrooms, 2 Parking Spaces, Private Walk-in Locker in one of the area's most sought-after communities. Ideally located just steps from Promenade Mall, Parks, Restaurants, Shopping, Places of worship, and Public Transit. This Bright & Spacious Residence Offers the Perfect Blend of Convenience, Comfort and Style. The Thoughtfully Designed Open-Concept Layout Boasts 9-foot Ceilings, Laminate Flooring Throughout and Spectacular Unobstructed Views. The Upgraded Kitchen is Appointed with Granite Countertops, Stainless Steel Appliances, and a Convection Stove, Making it Ideal For Both Everyday Living and Entertaining.The Generous Primary Bedroom Features a Walk-in Closet, while Both Bathrooms Have Been Tastefully Renovated with Premium Finishes, Including a Frameless Glass Shower. Enjoy Exceptional Outdoor Living With An Oversized Balcony ,Perfect For Entertaining Guests, Dining Al Fresco, or Simply Relaxing While Taking in The Breathtaking Panoramic Views. Residents Enjoy An Impressive Selection of Resort-Style Amenities, Including An Indoor Swimming Pool, Sauna, Fitness Centre with Yoga Studio, Media Room, Party Room, and more. An Outstanding Opportunity to Own a Stunning Penthouse Suite in a Prestigious Building and Highly Desirable Location.
Estimate your monthly payments for this property
Estimated Payment
$4,046.95/mo
Includes CMHC insurance ($22,008)
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.
85 North Park Road Unit LPH 06, 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
Competitive Pricing
At $789/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.
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.
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 $3,287 (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.