$499,900 - 950 Portage Parkway Unit 307, Vaughan
Condo for Sale in Vaughan
33 days on market- MLS Number
- N12764614
- Property Type
- Condo
- Status
- active
- Days on Site
- 33
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Vaughan
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to Transit City Tower 3 (East Tower) - a functional 2-bedroom + den, 2-bathroom suite designed for modern urban living. Freshly painted, with 9-foot ceilings, floor-to-ceiling windows, and laminate flooring throughout, the suite feels bright, open, and inviting. The open-concept kitchen features quartz countertops, integrated appliances, and modern finishes, perfect for cooking and entertaining. The primary bedroom offers a private ensuite and closet space, while the second bedroom is ideal for family, guests, or a home office. The versatile den provides additional functional space, and the balcony offers unobstructed views for relaxing or entertaining. Residents enjoy amenities, including a state-of-the-art fitness centre, rooftop terrace, stylish lounge areas, and 24-hour concierge service. The building also provides access to the YMCA, a 9-acre park, shopping, dining, and entertainment, ensuring a vibrant urban lifestyle right at your doorstep. Located in the heart of the Vaughan Metropolitan Centre (VMC), this location offers unparalleled transit access - just steps from the VMC Subway Station, YRT Bus Terminal, and VIVA routes, with quick connections to downtown Toronto, York University, and Yorkdale Mall. Commuting is effortless with Highways 400 and 407 just minutes away.
Estimate your monthly payments for this property
Estimated Payment
$2,564.75/mo
Includes CMHC insurance ($13,947)
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.
950 Portage Parkway Unit 307, 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 25+ years of GTA real estate experience
Fair Market Value
At $833/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.
Market Position
At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.