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$500K · 1 bed Condo Apartment · Crestwood-Springfarm-Yorkhill, Vaughan | MyPropertyScout

$500,000

Unit 624

105 DOM

11105d

Map

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DOM 105

↓ $20,000Price Reduced

$500,000

DOM105days

Unit 624

7608 Yonge Street · Vaughan · Ontario L4J 0J5

MLS® N12891282 · Crestwood-Springfarm-Yorkhill · L4J 0J5

11OwnerOccupied500-599 ft²Condo Apartment1-car Underground105d$910/ft²$2,249 tax/yr

105 days on market

About this home

Bright and Spacious Condo Apartment, Close To Amenities, Parks, Public Transit, Place of Worship, and more.

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Property details

MLS#: N12891282
Status: Buy Now
Beds: 1
Baths: 1 full, 0 half
Size: 500-599
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Hospital, Library, Other, Public Transit, Rec./Commun.Centre, School

Condo corp #: 1268
Balcony: Open
Locker: Owned
Association amenities: Bike Storage, Concierge, Elevator, Gym, Party Room/Meeting Room, Visitor Parking
Fees include: Heat Included, Common Elements Included, Building Insurance Included, Parking Included, CAC Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Yonge & Arnold Ave.
Basement: None
Stories: 6
Utilities: —
Laundry: Ensuite
Interior: Auto Garage Door Remote
Parking features: —

Rooms

Level	Room	Dimensions
Main	Living Room	5.31m × 3.18m
Main	Dining Room	5.31m × 3.18m
Main	Kitchen	2.75m × 3.18m
Main	Primary Bedroom	3.24m × 3.06m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX REALTRON REALTY INC.

Source: TRREB/PROPTX · MLS® N12891282

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$500K

Unit 624 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $500,000✓ $2,249 tax✓ Gas✓ 500-599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,543/mo

incl. closing costs (yr 1)

Annual total

$54,518

year 1

Mortgage only

$1,897/mo

principal + interest

Beyond mortgage

$1,648/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$100,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$187/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~550 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,000/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$51/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $22,762/yr

Property taxes16% $8,724/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,000/yr

Condo fees14% $7,372/yr

Closing costs9% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$22,762	$1,897/mo
Government & taxes
Property tax	$2,249	$187/mo
Land transfer tax(closing)	$6,475	$540/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%)	$5,000	$417/mo
Condo fees
Condo / HOA fees	$7,372	$614/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	$54,518	$4,543/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.

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Unit 624

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs