Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Brownridge. Expertly crafted featuring premium concrete block construction, this residence presents an exceptional opportunity offered at $505,000 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.
Bright and spacious 1 Bedroom + enclosed Den with French doors-ideal as a home office or second bedroom. Freshly painted throughout with brand new broadloom in bedroom. Functional open-concept layout with large living/dining area. Modern kitchen featuring granite countertops, stainless steel applicances, double sink, and ample cabinetry. Well-managed, full-service building with 24-hour concierge, indoor pool, sauna, gym, theatre room, party room, and guest suites and pet-friendly. Unbeatable location steps to Promenade Mall, library, transit, restaurants, and everyday amenities. Quick access to Hwy 407 and Hwy 7. Excellent opportunity for end-users or investors, first time home buyers. Some Photos Virtually Staged
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Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Auto Garage Door Remote, Guest Accommodations, Storage Area Lockers
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This could be the first listing for this address.
Data-driven valuation for 88 Promenade Circle 302, Vaughan, ON L4J 9A4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Vaughan.
About Purchasing a Home in Vaughan, ON
For a property listed at $505,000 in Vaughan, the legal minimum down payment is $25,500 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 $6,575 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 $6,575.
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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.