$499,999 - 950 Portage Parkway Unit 5007, Vaughan
New Construction for Sale in Vaughan
New — Listed 3 days ago- MLS Number
- N13429366
- Property Type
- New Construction
- Status
- active
- Days on Site
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Vaughan
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome To Suite #5007 At Transit City, A Landmark Address In The Heart Of Vaughan Metropolitan Centre. Perched High Above The City, This South-Facing 2-Bedroom, 2-Bathroom Suite Offers Breathtaking Unobstructed Views Toward The Toronto Skyline, CN Tower And Lake Ontario. Featuring A Functional Split-Bedroom Layout, Floor-To-Ceiling Windows, 9 Ft Smooth Ceilings, Laminate Flooring Throughout And A Large Private Balcony, This Apartment Is Designed For Modern Comfort and Everyday Convenience. The Contemporary Kitchen Includes Built-In Appliances, Stone Countertops And A Sleek Open-Concept Design Flowing Seamlessly Into The Living And Dining Areas. Located Right At The Vaughan Metropolitan Centre TTC Subway Station, Commuting To York University, Downtown Toronto and The GTA Is Effortless. Enjoy Quick Access To Hwy 7, 400 And 407, Plus Nearby Shopping, Restaurants, Entertainment, YMCA, Library, Parks And Community Amenities. Ideal For First-Time Buyers, Professionals, Downsizers And Investors.
Estimate your monthly payments for this property
Estimated Payment
$2,565.25/mo
Includes CMHC insurance ($13,950)
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 5007, 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 $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.
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.
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.