898 Portage Parkway, Unit 8, Vaughan, ON

$685,000
MLS#:N9383040
3 beds
2 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Vaughan Corporate Centre. Expertly crafted featuring premium concrete and metal/steel siding construction, this residence presents an exceptional opportunity offered at $685,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Built-In Oven, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via other

Description

Corner unit priced for easy sale! Spacious, high level, sunny SW corner unit ready for immediate occupancy. See fireworks and CN Tower from 117 sq ft balcony. Enjoy 778 sq ft of living space in the 2 bright bedrooms, Den and 2 bathrooms (ensuite and guest). Lots of natural light! Approved by Feng Shui Master. Parking space #483 conveniently near elevator. Walk to transit, subway, library, YMCA, community centre, Buca & Cafe Balzac. Quick access to Hwy 7 and 407.

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Property Summary

This condo apartment located at 898 Portage Parkway, Vaughan is currently for sale and has been available on SousaSells for 650 days. This property is listed at $685,000 with an estimated mortgage of $2,280* per month. It has 3 beds, 2 bathrooms, and is 700-799 square feet. 898 Portage Parkway, Vaughan is in the Vaughan Corporate Centre neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 17, 2024
Sold price information is available to members only
Listed Date10/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommon Element Condo
Architectural StyleApartment
ConstructionConcrete, Metal/Steel Siding
BasementNone
CountyYork
Annual Tax$2,848

Parking & Garage

Parking Spaces1.0
Garage TypeOther

Heating & Cooling

Heat SourceOther
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Electric Car Charger, Library, Public Transit, Rec./Commun.Centre

Interior Features

Built-In Oven, Carpet Free

Security Features

Alarm System

Community Features

Location

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898 Portage Parkway, Unit 8, 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 898 Portage Parkway 4809, Vaughan, ON L4K 0J6

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$205,500 (30.0%)
* Minimum Canadian down payment required for this price is $43,500.
Amortization Period30 Years
Estimated Monthly Payment$2,280Based on a loan of $479,500 over 30 years.
Purchase Price$685,000
Loan Amount$479,500
Provincial Land Transfer Tax:$10,175
Total Estimated Closing Taxes:$10,175

About Purchasing a Home in Vaughan, ON

For a property listed at $685,000 in Vaughan, the legal minimum down payment is $43,500 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 $10,175 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 $10,175.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Vaughan Corporate Centre, Vaughan.

Verified Local Data
City Population323,103
City Median Age40.5 Yrs
City Ownership86% Owners
Avg Area List Price$583,270

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.