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$499,000
4800 Highway 7 N/A · Vaughan · Ontario L4L 1H8
123 days on market
Great opportunity to own a beautiful unit in a new modern Boutique Condominium Residence in Vaughan. This modern unit features stainless steel appliances, quarts counter top, pot lights, a large accessible bathroom and a walkout to a large balcony. Centrally located in the heart of Woodbridge. Steps from transportation and shopping. Close to Highway 400, 407 and 427. One underground Parking spot, Locker and five appliances are included in the purchase price. Building amenities include: Concierge…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $61KPrice reduction
MLS shows the seller reduced the asking price by $61,000 (from $560,000 to $499,000).
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: RE/MAX PREMIER INC.
Source: TRREB/PROPTX · MLS® N13476906
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $22,717 | $1,893/mo |
| Government & taxes | ||
| Property tax | $2,833 | $236/mo |
| Land transfer tax(closing) | $6,455 | $538/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $4,990 | $416/mo |
| Condo fees | ||
| Condo / HOA fees | $6,744 | $562/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $54,399 | $4,533/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.