204-4700 Highway 7, Vaughan, ON

East Woodbridge, Vaughan · MLS® N13803980

$684,900
For Sale
Listed 31 days agoNo offer date stated
2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to this exceptional 2-bedroom, 2-bathroom condo at 4700 Highway 7, Unit 204, offering nearly 1,000 sq. ft. of beautifully designed living space.
  • Soaring 12-foot ceilings create an incredible sense of openness and natural light, while the thoughtfully designed layout offers both comfort and functionality.

Welcome to this exceptional 2-bedroom, 2-bathroom condo at 4700 Highway 7, Unit 204, offering nearly 1,000 sq. ft. of beautifully designed living space. Soaring 12-foot ceilings create an incredible sense of openness and natural light, while the thoughtfully designed layout offers both comfort and functionality. The standout feature is the expansive wraparound terrace - an incredible extension of the living space, perfect for morning coffee, outdoor entertaining, relaxing, or enjoying the surrounding views. The spacious primary bedroom offers a comfortablere treat, complemented by a well-appointed ensuite bathroom, while the second bedroom provides excellent flexibility for family, guests, or a home office. Ideally located in the heart of Vaughan with convenient access to transit, shopping, dining, parks, and major highways. A rare opportunity to enjoy condo living with the scale, ceiling height, and outdoor space that truly set this home apart.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13803980
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
HIGHWAY 7/ PINEVALLEY DR
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$714/mo
Exposure
North West
Property tax
$3,416 / 2026
Days on market
31
Listing brokerage
RE/MAX EXPERTS

Rooms

Living RoomMain5.80 × 5.00 m

laminate · combined w/dining · l-shaped room

Bedroom 2Main3.30 × 3.10 m

laminate · closet · picture window

LaundryMain
Primary BedroomMain5.50 × 3.10 m

laminate · 4 pc ensuite · double closet

Dining RoomMain5.80 × 5.00 m

combined w/living · laminate · w/o to terrace

Our TakeTeam Asgarian · Broker
A small discount is typical
$665Klikely sale price

Listed at $684,900. 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 $665K, if it sells. A realistic range is $626K to $719K.

Independent value check: $709K. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $660K and $745K).

Why $709K. The typical condo sold in East Woodbridge over the past year went for about $611K (29 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,416 a year; the typical home sold here pays about $2,600.
  • ▲ Raises it stronglyIt is 900 to 999 sq ft; the typical home sold here is 700 to 799.
List price
$626KBelow recent closings$719KAbove recent closings

Total price vs nearby homes. Likely closing about $665K, from 7 recent closings in this pocket.

The market behind the math:

7sold nearby · 90 days
$620Kmedian sold price
95%of asking, on average
−3%prices vs a year ago
~34 dayshomes like this take to sell
31days on market so far
$2,832/moest. rent · 5 leases
5.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.4 months of inventory: 8 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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $721/sqft against an area asking average of $790/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 $666K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying

Based on 5 homes sold in this building over the past two years, from 51 closings in East Woodbridge.

What sellers nearby are askingCurrently listed nearby in East Woodbridge · asking prices
$561kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $709K, which is where my estimate comes from.

Per square foot, these ask about $841/sqft; this home lists at $721/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
685kThis home530k550k579k578k568kThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$570K71
November 2025$565K67
December 2025$538K50
January 2026$520K49
February 2026$575K54
March 2026$538K72
April 2026$525K62
May 2026$552K79
June 2026$547K92
July 2026$570K73
August 2026$523K64
September 2026$505K62

Neighbourhood & location

East Woodbridge, Vaughan, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

West Woodbridge
$745K
Vaughan Corporate Centre
$493K
Concord
$563K
Vellore Village
$500K
Maple
$600K

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

Affordability
$3,122/mo
$145KIncome needed
4.7×Price ÷ income
$720Weekly cost
$10,173Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

76%mortgage
Mortgage $3,122Property tax $285Condo fee $714Total carry $4,121

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,030per month

Mortgage amount $547,920 · 4.49% over 25 years

$136,980Down payment (20.0%)
$547,920Loan before insurance
$0CMHC premium
$4,028Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,030
Property tax
$285
Condo / maintenance fees
$714
Heating
$0
Estimated monthly cost
$4,028

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$10,173
Estimated closing costs
$10,173

Plus your down payment of $136,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,667/monthPayment at the qualifying rate

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

$360,943Total interest paid
$908,863Total of all payments
Principal $547,920 Interest $360,943
YearPrincipalInterestBalance
1$12,227$24,127$535,693
2$12,782$23,572$522,910
3$13,363$22,992$509,548
4$13,970$22,385$495,578
5$14,604$21,751$480,974
6$15,267$21,088$465,707
7$15,960$20,395$449,747
8$16,685$19,670$433,063
9$17,442$18,912$415,621
10$18,234$18,120$397,386
11$19,062$17,292$378,324
12$19,928$16,427$358,397
13$20,832$15,522$337,564
14$21,778$14,576$315,786
15$22,767$13,587$293,019
16$23,801$12,554$269,218
17$24,881$11,473$244,337
18$26,011$10,343$218,326
19$27,192$9,162$191,134
20$28,427$7,928$162,707
21$29,717$6,637$132,989
22$31,067$5,288$101,923
23$32,477$3,877$69,445
24$33,952$2,403$35,493
25$35,493$861$0

At the end of your 5-year term

Total paid over the term
$181,773
Principal paid down
$66,946
Interest paid
$114,827
Balance remaining
$480,974

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.

Let's connect

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

Rental yield
From 5 whole-home leases in East Woodbridge$2,832/mo
$33,984Gross annual rent
2.6%Cap rate after taxes and upkeep
$2,492 to $3,172Typical rent range
~25 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in East Woodbridge signed at a median of $2,651 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,832. 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.

5.0%
Gross yield
− Property tax $3,416− Condo fees $8,571− Insurance $600− Vacancy & upkeep $3,738Net operating income $17,658

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.

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