Unit 507, 1 Cordoba Drive
Vaughan (Lakeview Estates), ON L4J 8S3
Alvear Palace Condos8 storeys, 44 suites, built 2006- 2Bedrooms
- 1Bathroom
- 1Parking
- 1000–1199Sq Ft
- $2,682Tax
- $820/moCondo Fee
Estimated Value:$517,834See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 507, 1 Cordoba Drive, Vaughan, Lakeview Estates
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About Unit 507, 1 Cordoba Drive, Vaughan, Lakeview Estates
Summarized Description
- Large one bedroom converted to a second bedroom.
- Stainless steel appliances and granite countertops.
- Hardwood floors throughout living areas.
- Electric fireplace with marble surround.
- Tenanted with $2,500 monthly rental income.
- Convenient parking and locker location.
- Ideal for young families or investors.
Sought after location convenient to shopping, banks, transportation, park, place of worship, Large one bedroom converted to include a SECOND BDRM with window and closet Space taken from Eat-in kitchen area. Has the easy potential to revert back to one BDRM...but why? All Stainless steel Kitchen appliances. Stacked Washer/Dryer. Granite Kitchen countertops, Hardwood fls in living, dining and main bed. All ELF and window coverings, 9ft ceiling, Electric Fireplace with Marble surround. Large built in wall unit in dining area. Tenanted with rental income of $2,500. monthly GREAT INVESTMENT!!! Perfect living space for young family. Parking and locker conveniently located beside one another.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,682
- Land Transfer Tax Fee
- $6,873
Condo/Maintenance Fee
- Maintenance Fee
- $820 /month
Included In Maintenance Fee
- Heat Included
- Hydro Included
- Water Included
- CAC Included
- Common Elements Included
- Building Insurance Included
- Parking Included
- Basement Type
- None
Interior Features
- Pets Permitted
- No
- Laundry Features
- In Kitchen
- Interior Extras
- Carpet Free, Auto Garage Door Remote
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Balcony
- Open
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Building Name
- Alvear Palace
- Approx Age
- 16-30
- Condo Corp Number
- 1062
Construction
- Exposure
- North West
- Exterior Finish
- Stucco (Plaster)
- Special Designation
- Unknown
Inclusions
- Inclusions
- All Electric Light fixtures, window coverings, upgraded stainless steel Fridge, stove, Dishwasher, Microwave, Ensuite Laundry Stacked washer/dryer, Large built in wall unit
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Owned
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Owned
- Locker Unit
- L-38
- Locker Level
- L-38
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Other
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room—Flat level, Electric Fireplace, Wood, Balcony
- Dining Room—Flat level, Wood
- Kitchen—Flat level, B/I Microwave, B/I Dishwasher, Granite Counters
- Breakfast—Flat level, Ceramic Floor, Balcony, Closet
- Bedroom—Flat level, Wood, Balcony, 6 Pc Bath
Washrooms
- 6-piece, Flat
- Municipality
- Vaughan
- Neighbourhood
- Lakeview Estates
- Main cross streets
- Steeles and Bathurst
- Zoning
- Residential
- Directions
- North
- MLS® number
- N12704822
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-04-29
- Listed on
- 2026-01-16
- Days on market
- 103 days
- Possession type
- Other
- Co-op commission
- 2.5%
- Seller
- Listed by
- HOMEBOUND REALTY INC.
Home Market Value
Current home valuation for Unit 507, 1 Cordoba Drive, Vaughan, Lakeview Estates, Vaughan, ON. Listed for $519,900
HOMEH Estimate
$517,834
Estimated Sales Range
$409,089 - $626,579
HOMEH Estimate for Unit 507, 1 Cordoba Drive, Vaughan, Lakeview Estates
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $19,900 over $500K
$26,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $19,715 | $14,505 | $12,374 | $0 |
=Total mortgage | $512,580 | $482,415 | $454,289 | $415,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,503monthly | $2,355monthly | $2,218monthly | $2,031monthly |
Land Transfer Tax
$6,873
$6,873
Around this home
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