5 Emerald Lane, Unit 09, Vaughan, ON

$519,800
MLS#:N9045658
1 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Crestwood-Springfarm-Yorkhill. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $519,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Your search ends here! The Best Value and Extremely well maintained, Very Spacious, Bright and Cozy & Beautifully Fully Renovated Recently. 1Bed Unit In Luxurious Eiffel Towers Condos By Menkes, With Fantastic South Views. Fully Renovated Kitchen With New Cabinets, Quartz Counter Tops, Backsplash, New Faucet & Sink. Fully Renovated Bath, New Floors, Freshly Painted, Good Size Rooms. New Light Fixtures, 1 Locker, 1 Parking Space. Excellent Facilities Including: Gym, Outdoor Pool, Sauna, 24 Hr Secured Gatehouse, Ample Visitor Parking, Guest Suite, Very Well Maintained Building and Just Steps To TTC Transit, Shopping, Restaurants, Banks and One Bus To York University And Finch Station.

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Property Summary

This condo apartment located at 5 Emerald Lane, Vaughan is currently for sale and has been available on SousaSells for 727 days. This property is listed at $519,800 with an estimated mortgage of $1,730* per month. It has 1 bed, 1 bathroom, and is 600-699 square feet. 5 Emerald Lane, Vaughan is in the Crestwood-Springfarm-Yorkhill neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 4, 2024
Sold price information is available to members only
Listed Date7/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyYork
Annual Tax$1,925.41

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Public Transit

Interior Features

Carpet Free

Security Features

Community Features

Location

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5 Emerald Lane, Unit 09, Vaughan, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5 Emerald Lane 609, Vaughan, ON L4J 8P7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Vaughan.

Configure Loan Settings

Interest Rate4.00%
Down Payment$155,940 (30.0%)
* Minimum Canadian down payment required for this price is $26,980.
Amortization Period30 Years
Estimated Monthly Payment$1,730Based on a loan of $363,860 over 30 years.
Purchase Price$519,800
Loan Amount$363,860
Provincial Land Transfer Tax:$6,871
Total Estimated Closing Taxes:$6,871

About Purchasing a Home in Vaughan, ON

For a property listed at $519,800 in Vaughan, the legal minimum down payment is $26,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,871 for this transaction. As this listing is in Vaughan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,871.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Crestwood-Springfarm-Yorkhill, Vaughan.

Verified Local Data
City Population323,103
City Median Age40.5 Yrs
City Ownership86% Owners
Avg Area List Price$1,329,380

People & Families

Age Distribution

Household Composition

One-person households
15%
Families with children
52%
Couples without children
28%
Other households
5%

Top Ethnic Origins

Italian35%
Canadian10%
Russian8%
Chinese6%

Local Schools Guide

Elementary Schools

Pierre Berton
Public470 Via Campanile, Vaughan, Ontario, L4H 0X9
8.2
Guardian Angels
Public200 Lawford Road, Vaughan, Ontario, L4H 0Z5
7.7
Le-Petit-Prince
Public79 Avro Road, Maple, Vaughan, Ontario, L6A 1Y3
7.2
St Michael the Archangel
Public161 Via Campanile, Vaughan, Ontario, L4H 3J8
7.1
Glenn Gould
Public675 Vellore Park Avenue, Vaughan, Ontario, L4H 2G1
6.7

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied86%
Rented14%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.