898 Portage Pkwy 5001
Vaughan Corporate Centre, Concord, L4K 0J6
FOR SALE
$750,000
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2 + 1
BEDROOMS4
BATHROOMS1
KITCHENS6
ROOMSN9513447
MLSIDContact Us
Property Description
Welcome to the breathtaking Transit City 1, an exceptional condo apartment soaring on the 50th floor in downtown Vaughan. This immaculate 820 sq. ft. unit, complemented by a spacious 159 sq. ft. balcony, boasts a stunning, unobstructed north view stretching from Canada's Wonderland to Pearson Airport, with picturesque greenery and skyline vistas that are second to none. Impeccably maintained by the owner and freshly painted, this unit combines luxury and modern elegance with every detail thoughtfully curated for the discerning buyer. Inside, luxurious finishes define the space, highlighted by a ceramic granite kitchen countertop and high-end fixtures that bring a refined touch to your living experience. Step out onto the expansive balcony, where you can savor panoramic views perfect for unwinding or entertaining guests. The condos prime location offers unbeatable convenience with direct access to the Vaughan Metropolitan Centre (VMC) TTC subway station, connecting you effortlessly to Toronto and the Greater Toronto Area. A short walk takes you to the vibrant Vaughan Metropolitan Centre, a bustling hub filled with restaurants, cafes, and shopping, including the renowned Vaughan Mills Shopping Centre. Here, enjoy a dynamic blend of retail and entertainment options that attract visitors from across the region. For those who prioritize fitness and wellness, the nearby YMCA Vaughan Metropolitan Centre provides a state-of-the-art facility with a gym, swimming pool, and community programs to suit all ages. Highway 400 and 407 are easily accessible, making commuting and travel a breeze. Families and thrill-seekers will appreciate proximity to Canada's Wonderland, one of the largest amusement parks in North America, offering a fantastic day out just minutes away. Embrace an elevated lifestyle at Transit City 1, where luxury, convenience, and vibrant community amenities come together. This residence is not just a home but a gateway to everything Vaughan has to offer.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-05-15 | 2023-06-08 | 24 | $2,950 | $2,950 | Leased |
| 2023-02-14 | 2023-03-01 | 15 | $729,000 | $720,000 | Sold |
| 2023-01-11 | 2023-03-03 | 51 | $2,900 | - | Terminated |
| 2023-02-14 | 2023-03-01 | 15 | $729,000 | $720,000 | Sold |
| 2022-12-15 | 2023-02-14 | 61 | $739,000 | - | Terminated |
| 2022-12-07 | 2022-12-19 | 12 | $2,900 | - | Terminated |
| 2020-12-02 | 2021-01-04 | 34 | $2,200 | $2,100 | Leased |
Extras
Parking is at the 6th floor!
Nearby Intersections
Highway 7 & Weston (48)
Highway 7 & Jane (109)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,927 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (6)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 11.48' x 17.06' | Stainless Steel Appl, Laminate, Combined W/Dining |
| Dining | Flat | 11.48' x 17.06' | Open Concept, Laminate, Combined W/Living |
| Living | Flat | 11.48' x 18.04' | Open Concept, Laminate, W/O To Balcony |
| Prim Bdrm | Flat | 10.50' x 12.86' | 4 Pc Bath, Laminate, Window Flr to Ceil |
| 2nd Br | Flat | 8.10' x 9.58' | Closet, Laminate, Window Flr to Ceil |
| Den | Flat | 7.58' x 7.58' | Sliding Doors, Laminate |
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Concord Market Statistics
Concord Price Trend
898 Portage Pkwy 5001 is a 2-bedroom 4-bathroom condo listed for sale at $750,000, which is $51,768 (7.4%) higher than the average sold price of $698,232 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Concord declined by $39,885 (5.4%) compared to the previous 30 day period (September 21 - October 20) and down $52,025 (6.9%) from the same time one year ago.Inventory Change
There were 129 2-bedroom condos listed in Concord over the last 30 days (October 21 - November 19), which is up 4.9% compared with the previous 30 day period (September 21 - October 20) and up 40.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Concord typically sold ($21,640) (3.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $1,334 increase compared to the previous 30 day period (September 21 - October 20) and ($19,902) 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 2-bedroom condos in Concord over the last 30 days (October 21 - November 19) stood at 38.0%, down from 38.2% over the previous 30 days (September 21 - October 20) and down from 38.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 4-bathroom condo in Concord stood at 40 days when successfully sold over the last 30 days (October 21 - November 19), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc.
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