$520,000 - 898 Portage Parkway Unit #3703, Vaughan
Condo for Sale in Vaughan
New — Listed yesterday- MLS Number
- N13450644
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Vaughan
- Locker
- None
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- HOUSESIGMA INC.
Priced to Sell, No Bidding Date!! Honey, this is the ONE! This spectacular corner suite offers breathtaking, South-Facing city views from the 37th floor, with floor-to-ceiling windows that flood the space with natural light. Featuring 2 generous bedrooms, 2 full bathrooms with small study desk area, 699 sq. ft. of modern open-concept living space plus generous size 117 sq. ft. balcony and comes with 1 parking space. This bright and stylish unit is designed for both comfort and functionality. The contemporary European-inspired kitchen boasts built-in modern appliances, while 9-foot ceilings enhance the airy feel throughout. Maintenance fees cover high-speed internet. Residents enjoy world-class amenities including a 24-hour concierge, party room, games room, outdoor BBQ terrace, golf/sports simulator and access to the state-of-the-art YMCA fitness and aquatics facility and library. Ideally located walking distance to the VMC Subway Station and transit hub, with direct connections to York University, Yorkdale Mall, downtown Toronto, and easy access to Highways 400 and 407. Surrounded by restaurants, entertainment, shopping, Vaughan Mills, IKEA, Walmart, Costco, and more, this is urban living at its finest.
Estimate your monthly payments for this property
Estimated Payment
$2,667.87/mo
Includes CMHC insurance ($14,508)
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.
898 Portage Parkway Unit #3703, 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 $867/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 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 $2,167 (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.