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    4800 Highway 7

    Avenue on 7 Condos
    3for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    8
    Number of Units:
    276
    Condo Completion:
    2018
    Condo Demand:
    Medium
    Unit Size Range:
    438 - 2,000 SQFT
    Unit Availability:
    High
    Property Management:

    Listing History for Avenue on 7 Condos

    Receive listing updates for Woodbridge

    Amenities

    Indoor Pool
    Games Room
    Party Room
    BBQs Allowed
    Outdoor Pool
    Rooftop Deck

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 4800 Highway 7Avenue on 7 Condos

    4800 Highway 7 is a great choice for those seeking a Woodbridge condo for sale. This condo is 8 storeys tall and is home to 276 units. The complex was completed in 2018, and features Vaughan condo that range in size from 438 square feet to 2000 square feet.

    Maintenance fees are $0.71 per-square-foot, which is higher than the neighbourhood average of $0.60 per-square-foot.

    The Suites

    On average, units at 4800 Highway 7 sell -2.09% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). Units in this complex are among the most expensive in the area with an average cost per-square-foot of $931 (based on past 12 months of sales). Units typically sell with 36 days on market on average. Over the past 12 months, 27 have sold and 19 have been rented here.

    The Neighbourhood

    Living here means you’re just a 8-minute walk from Yiannis Corner, Domino's Pizza and Nadia’s Roti & Doubles, making it easy to dazzle your taste buds without much effort. In the mornings, become a regular at McDonald's, a quick 2-minute walk from Avenue on 7 Condos.

    There are a number of banks within a short drive, including RBC Royal Bank and BMO Bank of Montreal for all your investment needs.

    4800 Highway 7 is just a short 2-minute drive to several green spaces like Almont Park, Veterans Park and Fred Armstrong Parkette.

    Like to shop? Everything you need is close by when you live at 4800 Highway 7, including Market Lane Shopping Centre, Marycroft Centre and Parkette Plaza which are only 3 away.

    When the weekend rolls around, Green Door Picture Frames are within a short 4-minute drive away.

    With Saint Catherine of Siena Catholic Elementary School in the neighbourhood, you'll always have excellent choices that ensure your children get the best education while nearby. This location is a great choice for families who are seeking top-notch educational institutions like Woodbridge College.

    Transportation

    Transit users will love the Woodbridge neighbourhood with convenient light transit routes like Highway 7 / Wigwoss Dr nearby. Vaughan Metropolitan Centre is about a 12-minute drive from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 4700 Highway 7, 26 Bruce Street and 53 Woodbridge Avenue.

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    3

    Listings For Sale

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    1

    Listings For Rent

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    Explore Woodbridge

    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    28,955
    Average Individual Income
    $74,710
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $123,003
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    19%
    50 - 64
    23%
    65+
    18%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    24%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    47%
    Semi Detached
    24%
    High Rise Apartment
    12%
    Low Rise Apartment
    9%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    74%
    Other
    10%
    Mandarin
    7%
    Cantonese
    5%
    Punjabi
    2%
    Russian
    1%
    Tagalog
    1%
    Education
    University and Above
    31%
    High School
    28%
    College
    17%
    None
    15%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    18%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    6%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Avenue on 7 Condos vs The Woodbridge Area

    Days on Strata

    Units at Avenue on 7 Condos spend an average of
    36
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 36 condos in the Woodbridge area

    Sold Units

    27
    Units were Sold over the past twelve months

    Rented Units

    19
    Units were Rented over the past twelve months

    Best Value Rank

    Avenue on 7 Condos offers the
    ?
    best value out of 36 condos in the Woodbridge neighbourhood

    Appreciation Rank

    Avenue on 7 Condos has the
    ?
    highest ROI out of 36 condos in the Woodbridge neighbourhood

    Rental Yield

    Avenue on 7 Condos yields the
    ?
    highest rent prices out of 36 condos in the Woodbridge neighbourhood

    High Demand

    Avenue on 7 Condos is the
    ?
    most popular building out of 36 condos in the Woodbridge neighbourhood

    Transaction Insights at 4800 Highway 7

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$630,000$575,000 - $2,110,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,031$966No DataNo Data
    Avg. Wait for Unit Availability94 Days293 Days16 Days178 Days501 Days
    Ratio of Units in Building3%4%89%6%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Woodbridge