898 Portage Parkway Unit 4805, Vaughan

Price: $489,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: N13174228

Welcome to elevated urban living in the heart of Vaughan! This stunning 48th-floor condominium in a modern high-rise offers breathtaking south-facing views and abundant natural light throughout. Featuring 2 bedrooms and 2 full bathrooms and with an extra large balcony over 100sqft , this thoughtfully designed suite boasts a functional open-concept layout perfect for professionals, couples, or savvy investors. The spacious primary bedroom includes ample closet space and a private ensuite. The tidy, modern kitchen is equipped with sleek cabinetry, quality appliances, and generous counter space-perfect for both everyday living and entertaining. The bright living and dining area flows seamlessly to your private south-facing balcony, where you can enjoy sunshine and city views from the 48th floor. Located in the heart of Vaughan, you're steps from premier shopping, dining, and entertainment, and just a short walk to the subway for easy commuting. Nearby mega stores include Costco and IKEA, but you're also easy driving distance to York U, the 400 and 407, and even Canada's Wonderland! Experience the perfect blend of comfort, convenience, and contemporary style. The building itself includes a 24 hour Concierge, along with a Party Room and an elegant rooftop Lounge. Don't miss this exceptional opportunity to own in one of Vaughan's most desirable communities!

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$489,000 - 898 Portage Parkway Unit 4805, Vaughan

Condo for Sale in Vaughan

Popular Listing
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
N13174228
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
Keller Williams Home Group Realty
Description

Welcome to elevated urban living in the heart of Vaughan! This stunning 48th-floor condominium in a modern high-rise offers breathtaking south-facing views and abundant natural light throughout. Featuring 2 bedrooms and 2 full bathrooms and with an extra large balcony over 100sqft , this thoughtfully designed suite boasts a functional open-concept layout perfect for professionals, couples, or savvy investors. The spacious primary bedroom includes ample closet space and a private ensuite. The tidy, modern kitchen is equipped with sleek cabinetry, quality appliances, and generous counter space-perfect for both everyday living and entertaining. The bright living and dining area flows seamlessly to your private south-facing balcony, where you can enjoy sunshine and city views from the 48th floor. Located in the heart of Vaughan, you're steps from premier shopping, dining, and entertainment, and just a short walk to the subway for easy commuting. Nearby mega stores include Costco and IKEA, but you're also easy driving distance to York U, the 400 and 407, and even Canada's Wonderland! Experience the perfect blend of comfort, convenience, and contemporary style. The building itself includes a 24 hour Concierge, along with a Party Room and an elegant rooftop Lounge. Don't miss this exceptional opportunity to own in one of Vaughan's most desirable communities!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,508.82/mo

Includes CMHC insurance ($13,643)

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5-yr fixed avg.

Principal: $440,100Interest: $298,904
Mortgage Amount$453,743
Total Interest$298,904
Est. Property Tax$346/mo
Total Cost$752,647

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

898 Portage Parkway Unit 4805, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$346
Insurance (est.)-$102
Net Cash Flow+$1,362

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

Fair Market Value

At $815/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.

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.

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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    898 Portage Parkway Unit 4805… — $489,000 | Battaglia Team