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    Vaughan / Thornhill - Vaughan

    502 - 85 North Park Rd

    For SaleThe Fountains Condos
    $587,500
    1 Bed + 1
    1 Bath
    1 Parking
    600 SQFT
    2 Days on Strata
    Est Sell Timeframe
    14 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $581/mth
    Taxes:
    $2,306 (2024)
    Cost Per Sqft:
    $979/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    Immediately/TBA
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Combined with Dining
    19.82 x 10.01ft
    Living
    Combined with Dining, Walkout To Balcony
    19.82 x 10.01ft
    Dining
    Combined with Living
    19.82 x 10.01ft

    About this Listing

    Discover This Rare Gem, Offering Unobstructed Views From Every Window. Prime Thornhill location - Fountains at Thornhill City Centre Blg. This Spacious 600 sq.ft. 1+1 Suite, with a Large Private Balcony, Features One of the Most Sought-after Layouts in the Building. The Versatile Separate Den with the Door can Serve as a 2nd Bedroom or an Office and Comfortably Fits a Bed and/or a Table. Designed for Modern Living, this Condo Boasts High Ceilings, Gleaming Laminate Floors, and a Contemporary Open-Concept Layout. The Suite is Meticulously Maintained, with Stylish Upgrades Throughout, Including a Sleek Modern Kitchen and a Bathroom. It is Ready for you to Move in and Enjoy. Located in a Boutique Building, You'll Enjoy Unparalleled Access to All Building Amenities Including 24/7 Security, Indoor Pool, Sauna, Gym, Party Room. Just steps Away from Promenade Mall, Walmart, Shops, Restaurants & Parks, with Easy Access to YRT, Hwy 7, 407

    right at home realtyMLS® #N11915050

    Amenities

    Guest Suites
    Gym Room
    Party Room
    Sauna
    Security System
    Games Room

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    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 Listings

    Demographics

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

    Population
    48,278
    Average Individual Income
    $77,889
    Average Household Size
    3 persons
    Average Age
    41
    Average Household Income
    $134,042
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    20%
    50 - 64
    23%
    65+
    16%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    65%
    Semi Detached
    15%
    High Rise Apartment
    7%
    Duplex
    6%
    Low Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    79%
    Other
    9%
    Mandarin
    5%
    Cantonese
    5%
    Russian
    1%
    Tamil
    1%
    Education
    University and Above
    30%
    High School
    28%
    College
    19%
    None
    14%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    The Fountains Condos vs The Thornhill - Vaughan Area

    Building Trends At The Fountains Condos

    Days on Strata

    Units at The Fountains Condos spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    4.6
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 48 condos in the Thornhill - Vaughan area

    Sold Units

    22
    Units were Sold over the past twelve months

    Rented Units

    51
    Units were Rented over the past twelve months

    Best Value Rank

    The Fountains Condos offers the
    ?
    best value out of 48 condos in the Thornhill - Vaughan neighbourhood

    Appreciation Rank

    The Fountains Condos has the
    ?
    highest ROI out of 48 condos in the Thornhill - Vaughan neighbourhood

    Rental Yield

    The Fountains Condos yields the
    ?
    highest rent prices out of 48 condos in the Thornhill - Vaughan neighbourhood

    High Demand

    The Fountains Condos is the
    ?
    most popular building out of 48 condos in the Thornhill - Vaughan neighbourhood

    Transaction Insights at 75 North Park Road

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$500,000 - $560,000$550,000 - $604,000$490,000 - $779,000$810,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,002$909$744$789No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data39 Days22 Days41 Days67 Days717 Days268 Days
    Ratio of Units in Building1%26%41%19%13%1%1%

    Transactions vs Inventory

    Total number of units listed and sold in Thornhill - Vaughan