5309 Highway 7 Rd #A701 is a 2-bedroom, 1-bathroom condo townhouse in Vaughan, listed for $508,888. It has 600-699 sq ft of living space.
1Enjoy a well-appointed interior featuring stainless steel appliances, granite countertop with backsplash and new stainless steel range hood, a 4pc en-suite bathroom and sleek laminate flooring throughout.
2A large locker conveniently located at your underground parking spot provides extra storage space.
Welcome to this stylish 2-bedroom open concept stacked condo townhome in a prime location nestled at Highway 7 and Kipling Ave, this bright and modern 2-bedroom, 1 bathroom townhome offers easy access to shopping, schools, parks and major highways 400, 427 and 407 for effortless commuting access the GTA. 2nd bedroom has sliding patio doors walkout to terrace. Enjoy a well-appointed interior featuring stainless steel appliances, granite countertop with backsplash and new stainless steel range hood, a 4pc en-suite bathroom and sleek laminate flooring throughout. A large locker conveniently located at your underground parking spot provides extra storage space. Perfect for first time home buyers, investors, or anyone seeking convenience and modern living in a vibrant area.
2 bedrooms, 1 bathroom, about 600 sq ft, works out to roughly $848 per square foot. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
Inside 5309 Highway 7 Rd #A701
Every detail from the listing, in one place.
Type
Condo Townhouse
Style
Stacked Townhouse
Living space
600-699 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Stacked Townhouse
Property class
Condo Townhouse
5309 Highway 7 Rd #A701 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,500
/mo
based on the purchase price of $508,888
$101,778 cash
$407,110 financed
$342,893 total interest
Principal54%$407,110
Interest46%$342,893
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Vaughan
Other 1–2 bed homes for sale in Vaughan around $509K.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings1,594Homes for sale here right now.
Median vs prior 90 days+5.1%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 1,165 sales from Jul 25 – Oct 23, 2026 (849 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
5309 Highway 7 Rd #A701 is listed at $508,888 (MLS® N13730796). Summitly updates the price as soon as the MLS® record changes.
Is $508,888 a good price for 5309 Highway 7 Rd #A701?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Vaughan. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 5309 Highway 7 Rd #A701 changed?
Yes — it was first listed at $518,888 and is now $508,888, a drop of $10,000 (1.9%).
How many bedrooms and bathrooms does 5309 Highway 7 Rd #A701 have?
5309 Highway 7 Rd #A701 has 2 bedrooms and 1 bathroom, with about 600–699 square feet of living space. It is a condo townhouse in Vaughan.
Is 5309 Highway 7 Rd #A701 close to transit?
The nearest rapid-transit station is Stevenson Station (Line 6), about 4.0 km in a straight line. Mount Olive Station is about 4.1 km, and Albion Station is about 4.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 5309 Highway 7 Rd #A701?
About $2,500 a month — principal and interest on $508,888 with 20% down ($101,778), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 5309 Highway 7 Rd #A701 compare with other homes in Vaughan?
Its asking price of $508,888 is about 55% below the median sold price in Vaughan over the last 90 days, $1,140,000, across 1,165 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 5309 Highway 7 Rd #A701 been sold before?
Summitly has no earlier MLS® sale or lease of 5309 Highway 7 Rd #A701 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5309 Highway 7 Rd #A701?
5309 Highway 7 Rd #A701 is in Vaughan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5309 Highway 7 Rd #A701 been on the market?
52 days — 5309 Highway 7 Rd #A701 was listed on September 1, 2026.
What is the price per square foot of 5309 Highway 7 Rd #A701?
About $728 to $848 per square foot: the asking price of $508,888 over the 600–699 sq ft the listing gives as its size range.
Does 5309 Highway 7 Rd #A701 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
