Condominium Market Outlook for Vaughan

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Vaughan Ontario condos:

According to the census in 2016, population of Vaughan was 320,000 and it is estimated that in next 15 years it will increase up to 416,600. This is a multicultural city with half immigrated population. Over 100 languages are spoken over here. A hospital is planned to e open in the city in present year, along with it there are number of schools, libraries, and other basic facilities available in the city. It is hub for the business and real estate.

 

Vaughan real estate market:

As the population is increasing year-over-year causing the shortage of the houses. The demand for houses is more than inventory which results in increase in the home prices then in this condition condominiums play an important role to fulfill the need of the homes which are more affordable as compared to the houses. Average price for the pre-construction condos for sale in Vaughan was $403,999 in 2017 and current value is $1,053,708 with 429 new listings for the houses.

 

Condos in the Vaughan:

CG Tower (Cortel Group Tower) a new development with a total 60 storeys by Cortel located at Highway 7 & Jane St, Vaughan. This development is just few steps to the Vaughan Mill shopping Center, subway, to the VMC and TTC Line 1 subway Extension. It is strategically placed by Highways 400 and 407, York University is two subway stops away for the development.

 

TC5 Condos with total 50 stories by Centre Court located at Portage Pkwy & Millway Ave, Vaughan. The main reason to live here is that the residents will have all the basic facilities for the better lifestyle that they wish for nearby their residency like shopping, dining, entertainment schools, colleges, theaters, fitness clubs and so on. Residents will have easy access to the transportation and there are number of parks nearby to relax and enjoy nature.

 

Charisma Condos South Tower with 26 total storeys a new development by Greenpark located at Jane St & Rutherford Rd, Vaughan. In this region the real estate price is continuously rising, and it attracts number of investors and home buyers, there is Vaughan Metropolitan Center nearby this development. It is nearby the downtown core and from York Region Transit options, as students will also have facility that York university and Seneca College are not very far from here. Dinning, shopping and entertainment are just few steps from the development the most important is the Canada’s wonderland which is few minutes away from here.

 

Park Avenue Place 2 Condo a new development with 22 total storeys by Solmar located at Jane St & Rutherford Rd, Vaughan. Wycliffe Promenade Towns new development with total 3 storeys by Wycliffe located at Bathurst St & Centre St, Vaughan. The residents of the developments have easy access to basic local amenities like restaurants, boutiques, shopping centers and entertainment. There are number of schools and colleges nearby so it can be suitable place for family to live and grow. There is no transportation issue for the commuters.

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