701-4800 Highway 7 Road, Vaughan, ON
East Woodbridge, Vaughan · MLS® N13419210
About this home
In short
- This bright and beautiful 2 bedroom, 1 bathroom condo offers 638 sqft +95 sqft balcony.
- The kitchen offers stainless steel appliances, beautiful backsplash and quartz countertops along with a custom kitchen table and dining chairs, perfect for living and...
- The building offers amazing amenities including a state-of-the-art gym, sauna, outdoor saltwater pool, roof top lounge, party room, visitor parking and terrific...
- Avenue on 7 Condos is ideally located in the heart of Woodbridge with easy access to all major highways 400, 401,407, 427, and is steps away from public transit.
Welcome to unit 701! This bright and beautiful 2 bedroom, 1 bathroom condo offers 638 sqft +95 sqft balcony. This unit offers a modern open layout, thoughtfully designed with the utmost attention to detail. With a spacious living and dining area this unit is filled with natural light from the floor-to-ceiling windows and unobstructed views. The kitchen offers stainless steel appliances, beautiful backsplash and quartz countertops along with a custom kitchen table and dining chairs, perfect for living and entertaining. Throughout the unit you will find custom upgrades including custom high end closet organizers in both bedrooms, brand new washer/dryer, pot lights, upgraded hardware in the bathroom and so much more. The large balcony offers a great space for entertaining and the perfect place to unwind. The building offers amazing amenities including a state-of-the-art gym, sauna, outdoor saltwater pool, roof top lounge, party room, visitor parking and terrific concierge services. Avenue on 7 Condos is ideally located in the heart of Woodbridge with easy access to all major highways 400, 401,407, 427, and is steps away from public transit. This turnkey unit provides all your urban living needs and now is the perfect opportunity to call it home!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13419210
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 600-699 sq ft
- Cross streets
- Highway 7 Rd & Pine Valley Dr
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $528/mo
- Exposure
- North
- Property tax
- $2,462 / 2025
- Days on market
- 132
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
closet organizers · large window
3 pc bath · tile floor
window floor to ceiling · balcony
b/i appliances · eat-in kitchen
closet organizers · sliding doors
Listed at $568,000. Going by how homes in East Woodbridge and the wider GTA have actually closed against their asking prices (about 97%, 7 local closings in 90 days), the likely sale price is near $551K, if it sells. A realistic range is $519K to $597K.
Independent value check: $528K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $491K and $555K).
Why $528K. The typical condo sold in East Woodbridge over the past year went for about $611K (29 sales). What sets this one apart:
- ▼ Lowers it2 bedrooms and 1 baths, against 2+1 and 2 typically.
- ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $2,462 a year; the typical home sold here pays about $2,600.
- ▼ Lowers it slightlyIt is 600 to 699 sq ft; the typical home sold here is 700 to 799.
- ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
Longer on the market than typical. 132 days on the market against about 40 for homes like it here, and asking 8% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $551K, from 7 recent closings in this pocket.
The market behind the math:
About 2.6 months of inventory: 6 condo apartment homes for sale in the area against 7 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $875/sqft against an area asking average of $805/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $518K. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Based on 13 homes sold in this building over the past two years, from 51 closings in East Woodbridge.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $838/sqft; this home lists at $875/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Vaughan: $505K in September 2026, down 4% from a year ago, on 795 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Vaughan as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $570K | 71 |
| November 2025 | $565K | 67 |
| December 2025 | $538K | 50 |
| January 2026 | $520K | 49 |
| February 2026 | $575K | 54 |
| March 2026 | $538K | 72 |
| April 2026 | $525K | 62 |
| May 2026 | $552K | 79 |
| June 2026 | $547K | 92 |
| July 2026 | $570K | 73 |
| August 2026 | $523K | 64 |
| September 2026 | $505K | 62 |
Neighbourhood & location
East Woodbridge, Vaughan, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $454,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,512
- Property tax
- $205
- Condo / maintenance fees
- $528
- Heating
- $0
- Estimated monthly cost
- $3,246
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,835
- Estimated closing costs
- $7,835
Plus your down payment of $113,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $150,747
- Principal paid down
- $55,519
- Interest paid
- $95,228
- Balance remaining
- $398,881
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 26 whole-home leases in East Woodbridge signed at a median of $2,564 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,505. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.