Skip to main

    5001 - 898 Portage Pkwy

    For RentTransit City Condos
    3.0
    $2,950/mth
    2 Beds + 1
    4 Bath
    1 Parking
    820 SQFT
    16 Days on Strata

    Listing History

    Unit Highlights

    Possession Date:
    November 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Parking
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Stainless Steel Appliances, Laminate, Combined with Dining
    17.06 x 11.48ft
    Dining
    Open Concept, Laminate, Combined with Living
    17.06 x 11.48ft
    Living
    Open Concept, Laminate, Walkout To Balcony
    18.05 x 11.48ft

    About this Listing

    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.

    ExtrasS/S Built-In Appliances: Cooktop, Oven, Fridge, Dishwasher, Microwave; Existing Front Load Washer & Dryer; All Existing Window Coverings; All Existing Electrical Light Fixtures.

    century 21 leading edge realty inc.MLS® #N9513441


    Amenities

    Sauna
    Rooftop Deck
    Visitor Parking
    Gym Room
    Guest Suites
    Party Room

    Explore Neighbourhood

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Maintenance Fees

    Transit City Condos vs The Vaughan Corporate Centre Area

    Days on Strata

    Units at Transit City Condos spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Vaughan Corporate Centre

    Turnover of Units

    On average, each unit is owned for
    4.7
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 10 condos in the Vaughan Corporate Centre area

    Sold Units

    60
    Units were Sold over the past twelve months

    Rented Units

    263
    Units were Rented over the past twelve months

    Best Value Rank

    Transit City Condos offers the
    ?
    best value out of 10 condos in the Vaughan Corporate Centre neighbourhood

    Appreciation Rank

    Transit City Condos has the
    ?
    highest ROI out of 10 condos in the Vaughan Corporate Centre neighbourhood

    Rental Yield

    Transit City Condos yields the
    ?
    highest rent prices out of 10 condos in the Vaughan Corporate Centre neighbourhood

    High Demand

    Transit City Condos is the
    ?
    most popular building out of 10 condos in the Vaughan Corporate Centre neighbourhood

    Transaction Insights at 5 Buttermill Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$420,000 - $505,000$490,000 - $522,000$518,000 - $700,000$605,000 - $730,750$660,000 - $762,800No Data
    Avg. Cost Per Sqft$855$923$899$896$775No Data
    Avg. Wait for Unit Availability48 Days49 Days10 Days19 Days72 DaysNo Data
    Ratio of Units in Building10%11%46%25%10%1%

    Transactions vs Inventory

    Total number of units listed and leased in Vaughan Corporate Centre