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    1000 Portage Parkway

    12for Sale
    12for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    45
    Number of Units:
    500
    Condo Completion:
    2023
    Condo Demand:
    Medium
    Unit Size Range:
    400 - 1,093 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Transit City 4

    Receive listing updates for Concord

    Amenities

    Media Room
    Rec Room
    Squash Court
    Gym Room
    Concierge

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1000 Portage ParkwayTransit City 4

    If you’re looking for a Vaughan condo for sale, then Transit City 4 is a great choice. Standing 45 storeys tall at 1000 Portage Parkway, this development provides residents with an excellent starting point to explore the Concord neighbourhood. The property was completed in 2023 by CentreCourt Developments Inc., and is comprised of 500 units, ranging in size from 400 to 1093 square feet.

    Maintenance fees are $0.84 per-square-foot, which is higher than the neighbourhood average of $0.71 per-square-foot.

    The Suites

    The average cost per-square-foot for units at 1000 Portage Parkway is $871, based on the past 12 months of sales, and units tend to sell within 22 days of being listed. 141 units have been rented in the previous 12 months, and 15 units have been sold. Suites often sell for -0.37% below the listing price and have a medium chance of receiving multiple offers.

    The Neighbourhood

    Residents at Transit City 4 don’t have to drive more than 2 minutes to get to a variety of popular restaurants, including Me My Chef and I, Cucina Magic and The Original Molisana Bakery Hot Table And Cafe. You’ll only have to walk 9 minutes to pick-up a coffee before heading out for your day at Balzac's Vaughan Metropolitan Centre, Balzac’s Coffee Roasters and Concord Square.

    There are a number of grocery stores within a short drive, including Cielito Rico Cafe and Bakery and Nations Fresh Food.

    Transit City 4 is a great choice for residents who are money conscious — with banks like Scotiabank and BMO Bank of Montreal nearby.

    1000 Portage Parkway is just a short 4-minute drive to several green spaces like Blue Willow Square.

    Like to shop? Everything you need is close by when you live at 1000 Portage Parkway, including Carlauren, RioCan Colossus Centre of Woodbridge and Woodbridge Square which are only 4 away.

    Transportation

    Transit users will need to trek a bit to Jane St / Highway 7, the nearest light transit stop. Vaughan Metropolitan Centre station is only 1 minutes walking distance from the building.

    Curious about similar condos in the area? Check out 950 Portage Parkway, 7890 Jane Street and 5 Buttermill Avenue — all within walking distance.

    12

    Listings For Sale

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    12

    Listings For Rent

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    Explore Neighbourhood

    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

    Similar condos

    Demographics

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

    Population
    8,489
    Average Individual Income
    $62,623
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $111,502
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    19%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    53%
    Semi Detached
    15%
    High Rise Apartment
    14%
    Duplex
    11%
    Low Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    73%
    Other
    10%
    Cantonese
    8%
    Mandarin
    6%
    Tagalog
    2%
    Spanish
    1%
    Education
    High School
    31%
    University and Above
    26%
    College
    18%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Personal, Protective & Transportation Services
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    2%

    Maintenance Fees

    Transit City 4 vs The Concord Area

    Days on Strata

    Units at Transit City 4 spend an average of
    22
    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 Concord

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 6 condos in the Concord area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    141
    Units were Rented over the past twelve months

    Best Value Rank

    Transit City 4 offers the
    ?
    N/A
    best value out of 6 condos in the Concord neighbourhood

    Appreciation Rank

    Transit City 4 has the
    ?
    N/A
    highest ROI out of 6 condos in the Concord neighbourhood

    Rental Yield

    Transit City 4 yields the
    ?
    N/A
    highest rent prices out of 6 condos in the Concord neighbourhood

    High Demand

    Transit City 4 is the
    ?
    N/A
    most popular building out of 6 condos in the Concord neighbourhood

    Transaction Insights at 1000 Portage Parkway

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$465,000 - $516,000$605,000 - $622,000$625,000 - $725,000$607,000No Data
    Avg. Cost Per SqftNo Data$922$1,033$978$841No Data
    Avg. Wait for Unit AvailabilityNo Data75 Days168 Days39 Days460 DaysNo Data
    Ratio of Units in Building1%37%25%36%3%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Concord