873 New Westminster Drive, Vaughan

Price: $999,900

4 bedrooms, 3 bathrooms

1,800 sqft

Property Type: Condo

MLS#: N13015772

Welcome to 873 New Westminster Drive, a stunningly top-to-bottom renovated townhome in the heart of Thornhill! This spacious 4 bedroom, 3 bathroom home offers a functional layout perfect for young professionals, growing households and established families. 9' ceilings, an open concept layout with a gas fireplace in the Living Area and a walkout to the outdoor patio w/BBQ Connection makes this home perfect for entertaining or to treat as your own personal oasis. The gourmet kitchen recently renovated in 2022 is a chef's dream with the beautifully updated finishes, built-in s/s appliances and a Pantry + Breakfast Bar. The dining room with enough space for the large dining table provides the perfect place to enjoy beautiful moments with loved ones. As you reach the top level, you will find 3 generously-sized bedrooms with the primary bedroom having its own modern marble ensuite and walk-in closet! Enjoy being only minutes away from Promenade Shopping Centre, Walmart Supercenter, shops, banks, top-rated schools, library, parks, a community center, places of worship, public transit, Viva bus, easy access to major highways and all the conveniences this vibrant neighborhood has to offer! You don't want to miss the opportunity to call this show-stopper your next home! A very low maintenance fee that include building insurance, snow removal (including the driveway and salt applying), landscaping, replacement of all exterior components (roof, shingles, windows, garage doors and balconies). For an additional $30, you will have full access to nearby condo amenities, including an indoor pool, sauna, gym, and party room.

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$999,900 - 873 New Westminster Drive, Vaughan

Condo for Sale in Vaughan

Popular Listing
4Beds
3Baths
1,800Sq Ft
Condo
Property Details
MLS Number
N13015772
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
4
Bathrooms
3
Square Feet
1,800 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
West
Balcony
Terrace
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to 873 New Westminster Drive, a stunningly top-to-bottom renovated townhome in the heart of Thornhill! This spacious 4 bedroom, 3 bathroom home offers a functional layout perfect for young professionals, growing households and established families. 9' ceilings, an open concept layout with a gas fireplace in the Living Area and a walkout to the outdoor patio w/BBQ Connection makes this home perfect for entertaining or to treat as your own personal oasis. The gourmet kitchen recently renovated in 2022 is a chef's dream with the beautifully updated finishes, built-in s/s appliances and a Pantry + Breakfast Bar. The dining room with enough space for the large dining table provides the perfect place to enjoy beautiful moments with loved ones. As you reach the top level, you will find 3 generously-sized bedrooms with the primary bedroom having its own modern marble ensuite and walk-in closet! Enjoy being only minutes away from Promenade Shopping Centre, Walmart Supercenter, shops, banks, top-rated schools, library, parks, a community center, places of worship, public transit, Viva bus, easy access to major highways and all the conveniences this vibrant neighborhood has to offer! You don't want to miss the opportunity to call this show-stopper your next home! A very low maintenance fee that include building insurance, snow removal (including the driveway and salt applying), landscaping, replacement of all exterior components (roof, shingles, windows, garage doors and balconies). For an additional $30, you will have full access to nearby condo amenities, including an indoor pool, sauna, gym, and party room.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.01/mo

Includes CMHC insurance ($27,897)

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5-yr fixed avg.

Principal: $899,910Interest: $611,194
Mortgage Amount$927,807
Total Interest$611,194
Est. Property Tax$708/mo
Total Cost$1,539,002

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

873 New Westminster Drive, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$1,170
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$1,714

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

Competitive Pricing

At $556/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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Vaughan. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $4,166 (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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