9431 Jane Street Unit 202, Vaughan

Price: $618,000

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: N13048852

Rarely offered spacious and bright 858sf one bedroom plus den suite with large balcony in low density low-rise condo building overlooking green space! Unit features laminate floors throughout, ~9 ft ceilings, low barrier bath tub, large closets, stainless steel appliances, 1 underground parking space close to elevator entrance, 1 locker. Den with large window and air vent is large enough to be used as second bedroom! Comprehensive building amenities include party room, fitness room, cards room, & multiple lobby lounges. Enjoy the outdoors with the large green space & gazebo on the west side of the building, or take a leisurely stroll along the wooded lot on the east side. This is a very quiet and seniors friendly condo community, within walking distance many restaurants, and to medical building with physicians, specialists, and pharmacy. Cortellucci Vaughan Hospital and Mackenzie Health hospital are just a short drive away! Canada's wonderland amusement park is right across the street. Other nearby conveniences include easy access to Highway 400 and 407, Vaughan Mills Shopping centre, Maple Go Train station, VMC subway station, Walmart, Ikea, and much more! Don't miss!

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$618,000 - 9431 Jane Street Unit 202, Vaughan

Condo for Sale in Vaughan

50 days on market
2Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
N13048852
Property Type
Condo
Status
active
Days on Site
50
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
CENTURY 21 ATRIA REALTY INC.
Description

Rarely offered spacious and bright 858sf one bedroom plus den suite with large balcony in low density low-rise condo building overlooking green space! Unit features laminate floors throughout, ~9 ft ceilings, low barrier bath tub, large closets, stainless steel appliances, 1 underground parking space close to elevator entrance, 1 locker. Den with large window and air vent is large enough to be used as second bedroom! Comprehensive building amenities include party room, fitness room, cards room, & multiple lobby lounges. Enjoy the outdoors with the large green space & gazebo on the west side of the building, or take a leisurely stroll along the wooded lot on the east side. This is a very quiet and seniors friendly condo community, within walking distance many restaurants, and to medical building with physicians, specialists, and pharmacy. Cortellucci Vaughan Hospital and Mackenzie Health hospital are just a short drive away! Canada's wonderland amusement park is right across the street. Other nearby conveniences include easy access to Highway 400 and 407, Vaughan Mills Shopping centre, Maple Go Train station, VMC subway station, Walmart, Ikea, and much more! Don't miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,170.66/mo

Includes CMHC insurance ($17,242)

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5%10%50%

5-yr fixed avg.

Principal: $556,200Interest: $377,756
Mortgage Amount$573,442
Total Interest$377,756
Est. Property Tax$438/mo
Total Cost$951,198

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

9431 Jane Street Unit 202, 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)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$438
Insurance (est.)-$129
Net Cash Flow+$1,113

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 $773/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.

Negotiation Opportunity

At 50 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.

Efficient Living

At 800 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 $2,575 (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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    9431 Jane Street Unit 202, Vaug… — $618,000 | Battaglia Team