Vaughan New Condo Living
Vaughan Condos are located in the prime location in the city of Vaughan. The city was adjudged the fastest-growing municipality in Canada from 1996 to 2006, and is known to be rich in lifestyle amenities. A large number of new preconstruction condominiums in Vaughan are being built by reputed developers. From boutique condos, mid-rises to high-rises, new modern condos include world-class condo amenities, spacious condo suites, and easy accessibility to lifestyle amenities around the condominium. Festival Condos is a new condo development by Menkes and QuadReal currently in pre-construction at Jane St & Hwy 7, Vaughan. Also see new pre-construction condos in Toronto.
The city offers a lot to its residents, including proximity to Toronto. A thirty-minute drive via Don Valley Pkwy makes it convenient for the residents of Vaughan Condos to reach Toronto. The most attractive features of the city are Canada’s Wonderland, Canada’s largest amusement park that has 200 rides and water activities; the large Vaughan Mills shopping mall offering the best in fashion, entertainment, stores and food; and Reptilia Zoo, a 25,000 sq ft reptile zoo and education centre.
Residents of Vaughan condos also enjoy their closeness to a variety of important destinations such as the York University, The Kortright Centre for Conservation, The National Golf Club of Canada, Nashville Conservation Reserve, McMichael Canadian Art Collection, Legoland Discovery Centre theme park, and Promenade Shopping Centre.
There are also many stores, restaurants, breweries, movie theatres, sports complexes, schools, parks, trails and greenspaces around. Whether you are looking to buy a home in quiet surroundings or amidst an exciting urban centre, Vaughan has it all. Vaughan condos offer proximity to Toronto while rewarding its residents with the best of experiences in shopping, entertainment, cultural activities, and learning pursuits. Also see new pre-construction condos in Square One, Mississauga.
Vaughan Condo Prices
Vaughan’s real estate market is showing a slight decrease (2.9%) in prices of real estate in Vaughan, as of January 2024. The average selling price in Vaughan stands at $1.3 million for detached, townhomes and condominiums.
Condo prices in Vaughan –
For condos, prices can range from anywhere between $641,000, as of January 2024. From the previous year, there is seen a decline of 8%.
- A 1-bedroom condo in Vaughan is priced at approximately $563,000, showing a 7% decrease in prices. Last year, the prices were 608,000.
- A 2-bedroom condo is priced at $734,000, showing a 2% decrease in prices. Last year, the prices were $752,000.
On an average, a Vaughan condominium is priced at around $641,000, showing an 8% decrease, as of January 2024.
Townhome prices in Vaughan –
Contrary to condominium prices, townhome prices in Vaughan have shown an increase in prices.
– A 2-bedroom townhouse is priced at $740,000, showing an increase of 1% in prices. Last year, the townhome prices stood at $736,000.
– A 3-bedroom townhouse is priced at $1.1 million, showing an increase of 3% in prices. Last year, the prices were $1.1 million.
– A 4-bedroom townhome is priced at $1.1 million, a 1% increase in prices. Last year, the prices were $1.1 million.
Detached homes prices in Vaughan –
Prices of detached homes in Vaughan have also shown a 7% increase in prices.
– A 2-bedroom detached home is priced at around $1.6 million, showing a sharp increase of 23% in prices. In the previous year, the prices were $1.3 million.
– A 3-bedroom detached home is priced at $1.4 million, a 7% increase in prices. In the previous year, the prices were $1.3 million.
– A 4-bedroom home is priced at approximately 1.8 million, showing a decrease of 6% in prices. In the previous year, the prices were $2 million.
– A 5-bedroom detached home can be priced around $3.2 million, showing a 29% increase in prices. Last year, the prices were $2.5 million.
– A 6-bedroom detached home is priced at $3.4 million, showing an increase of 19% since previous year. Last year, the prices stood at $2.8 million.
Overall, the prices stay at $2 million showing a 7% overall increase in prices.
The precise location of the condominium in Vaughan, its size, the amenities provided by the builder are some of the important factors that impact price. However, this is a clear indication that prices of condos in Vaughan are on the rise irrespective of suite size.
See the real estate market of the neighbouring new condos in Richmond Hill.
Transit Options for Vaughan Condos
Vaughan condos have an excellent transport network of highways, train and bus services, and arterial roads. The proximity of Vaughan to Toronto Pearson International Airport makes it easy for the residents of Vaughan condos to travel nationally and internationally. Also see new pre-construction condos in Scarborough.
Hwy 400 runs right through Vaughan, easing movement to the south and north of the city. The Express Toll Route crosses the southern parts of Vaughan and intersects with Hwy 400, Hwy 27 and Hwy 427. Hwy 7 runs adjacent to Express Toll Route. The network of major highways in and around Vaughan makes it easy for Vaughan condo residents to travel in any direction speedily.
The many major arterial roads reach into the various neighbourhoods of the city. Public transport includes TTC, Viva and York Region Transit. The TTC bus route in Vaughan connects to a subway station in Toronto. The many train stations in the city that residents of Vaughan condos can use are the Maple train station, York University GO train station, Rutherford train and bus station, Unionville GO train and bus station, and King City GO train and bus station. Many more bus stations in Vaughan offer comfortable travelling to residents of Vaughan condos. Also see new pre-construction condos in Vaughan Metropolitan Centre (VMC).
Vaughan Condo Trends & Facts
It is interesting to know that Vaughan condos are a part of southern Ontario’s fastest growing cities. In the past 30 years, the city has transformed from agricultural land to one of the largest suburban municipalities in the GTA. Also see new pre-construction condos in Humber Bay Park.
Further developments in the city are aimed to transform it again. Intense efforts are being made to rapidly advance public transit, protect greenbelts, develop mixed-use constructions and encourage strong and diverse neighbourhoods. Vaughan has a large Italian population and many Jews and Russians.
Being the fifth largest city in the GTA, Vaughan is thinking about creating a better future for its increasing residents. The city nearly doubled in population since 1991. The many benefits of living in Vaughan condos has attracted thousands of people to make it their homes. Proximity to Toronto, the airports and with highly accessible highways, Vaughan is a choicest city for both homebuilders and homebuyers. Also see new pre-construction condos in Brampton.
Find New Condos Developments in Vaughan in Top Neighbourhoods
Vaughan is well known for its slogan “The City Above Toronto”. Indeed, its southern border Steeles Avenue, is also the north boundary for the City of Toronto. Very competitive commercial and industrial tax rates, and excellent transportation corridors, have helped Vaughan, attract a large manufacturing and industrial base. This has created jobs which in turn has helped attract many new residents to this city. Also see new pre-construction condos in Brampton.
Vaughan is the only municipality in York Region that has the City status. Vaughan has a population of approximately 297,000 residents and growing. The six main population centres in Vaughan are: Vaughan Metropolitan Centre, Concord Kleinburg, Maple, Thornhill and Woodbridge. Tourists and visitors from across the Greater Toronto Area, come to Vaughan, to view the McMichael Canadian Art Collection in Kleinburg, for the shopping at Vaughan Mills or to spend the day at Paramount Canada’s Wonderland.
These are Vaughan’s hottest neighbourhood for condos right now.
Price:STARTING FROM 400SCompletion:2029Storeys:58Developer:QuadReal Property Group, Menkes DevelopmentsAddress:1 Commerce St, VaughanAdded to Compare ListCompare