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ROOMSN11914212
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Property Description
Welcome to 2908 Highway 7 Rd #406. This elegant unit features a one-bedroom layout with a spacious den and two full bathrooms. The den is large enough to function as a second bedroom or a dedicated home office. The suite has been thoughtfully upgraded, offering an open-concept design that seamlessly blends the kitchen, dining, and living areas. Step out onto your private balcony and enjoy fresh air and outdoor space. With 9-foot ceilings and expansive floor-to-ceiling windows, the unit is bathed in natural light throughout. Perfectly positioned just moments from the Vaughan Metropolitan Centre and with easy access to Highways 400 and 407, this location provides proximity to shopping, restaurants, universities, parks, and more.
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Nearby Intersections
Highway 7 & Jane (88)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,348 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.99' x 9.97' | B/I Appliances, Combined W/Dining, Quartz Counter |
| Living | Main | 9.97' x 14.99' | Open Concept, Laminate, W/O To Balcony |
| Prim Bdrm | Main | 8.99' x 9.97' | 4 Pc Ensuite, W/I Closet, Window Flr to Ceil |
| Den | Main | 7.35' x 7.87' | Laminate, Sliding Doors |
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Vaughan Market Statistics
Vaughan Price Trend
2908 Highway 7 Rd W 406 is a 1-bedroom 2-bathroom condo listed for sale at $549,900, which is $20,072 (3.5%) lower than the average sold price of $569,972 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Vaughan increased by $23,421 (4.3%) compared to the previous 30 day period (November 19 - December 18) and up $3,747 (0.7%) from the same time one year ago.Inventory Change
There were 67 1-bedroom condos listed in Vaughan over the last 30 days (December 19 - January 17), which is down 11.8% compared with the previous 30 day period (November 19 - December 18) and up 76.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Vaughan typically sold ($15,439) (2.7%) below asking price over the last 30 days (December 19 - January 17), which represents a $3,312 decrease compared to the previous 30 day period (November 19 - December 18) and ($10,560) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Vaughan over the last 30 days (December 19 - January 17) stood at 55.2%, up from 51.3% over the previous 30 days (November 19 - December 18) and down from 63.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Vaughan stood at 46 days when successfully sold over the last 30 days (December 19 - January 17), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Millennium Real Estate
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