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    The Met Condos
    by Plaza

    7895 Jane St

    4for Sale
    9for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    35
    Number of Units:
    531
    Condo Completion:
    2020
    Condo Demand:
    Medium
    Unit Size Range:
    500 - 1299 SQFT
    Unit Availability:
    High
    Property Management:
    Met Residences Corp

    Amenities

    Gym Room
    BBQ
    Indoor Parking
    Sauna
    Rec Room
    Bike Storage

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 7895 Jane StThe Met Condos

    The Condo boom in Vaughan has transformed entire areas of the city and is currently reshaping the skyline in the Metropolitan Centre area. The Met Condos is part of this growing community of high-rises, outfitted with modern finishes and extensive amenities, and designed to take advantage of the nearby subway station.

    Standing 35 storeys tall on the corner of Jane and Portage, the Met Condos blends affordability, modern condo style, daily convenience, and easy commuter access. It’s a winning formula for many condos buyers and renters. The building was developed by Plaza, who’s past creations include the striking Ivory on Adelaide and Emerald Park Condos.

    Prospective buyers who are moving to Vaughan from downtown condos will likely notice a change in pace and fewer neighbourhood amenities, but 7895 Jane St brings convenience on-site with an incredible amenity centre. Residents enjoy steam rooms, a spa with whirlpools, a fitness centre, yoga studios, private dining rooms, a lounge and bar, theatre rooms, a games rooms, a tech lounge, underground parking, and a 24 hour concierge service.

    The Suites

    The Met Condos comprises 530 condo suites, and 62 town houses. Suites come in a variety of layouts, ranging from 506 square feet for one bedroom unit to 1299 for a 3 bedroom + den. The townhouses are located outside of the tower, clad in brick and stone, and divided by charming courtyards. Finishes are similar to condo units, but the units feature additional floor space and enhanced privacy.

    Condo units at 7895 Jane St have efficient layouts and large window walls that keep homes bright and warm with sunlight. Kitchens are open to the living space and large by condo standards, featuring Quartz countertops, premium stainless steel appliances, and undermount sinks. Bathrooms have porcelain or ceramic tile flooring, and deep soaker tubs.

    Oversized balconies offer great views of the surrounding area and run the entire length of a unit. Bedrooms are also larger than what’s found in many modern condos around the GTA, and most bedrooms have balcony access. Condo storage can often be an issue but in this case the units offer more than what you’d typically find — sensing a theme?

    For buyers or renters who want more space than offered elsewhere in a laid back setting, 7895 Jane St is an excellent choice.

    The Neighbourhood

    Vaughan Metropolitan Centre is home to many of Vaughan’s newer condo buildings, centered around the Vaughan Metropolitan Centre Subway Terminal. Development in the area has continued for a number of years and will likely continue as the area further develops. Fortunately for condo residents, there’s already a high concentration of shopping centres, restaurants, and entertainment attractions in the community.

    Parents of young children will need to work on their excuses for why they cannot go to Canada’s Wonderland every weekend, because the theme park is just a 6 minute drive north on Jane Street. The community certainly caters to young children with countless recreation facilities, and unique attractions like LEGOLAND Discovery Centre and Koalakidz Indoor Playground. Parents will also find excellent schools littered throughout the community.

    Vaughan Metropolitan Centre has something for the adults too: there are bar/restaurant hybrids like St. Louis Bar & Grill, and even Magnotta winery on the opposite side of the 400. Residents of the Met Condos can pick up an espresso at Balzac’s Coffee Roasters or Vibe Coffee and drive to Boyd Conservation Park for an immersive nature experience.

    Any shopping needs are covered by the plethora of big box stores in the neighbourhood; SmartCentres Woodbridge is close by and houses a collection of clothing boutiques with many well known brands.

    Transportation

    If there is one major drawback to living at 7895 Jane St it’s that the neighbourhood isn’t particularly friendly for walkers. Getting groceries or just picking up daily essentials will likely require a vehicle or public transit.

    Residents of the Met Condos can catch a bus right outside of their building and quickly connect to alternate routes at Vaughan Metropolitan Bus Terminal. Likewise, those heading into Toronto can walk to the Vaughan Metropolitan Centre Subway Terminal in less than 10 minutes; it takes about 50 minutes to reach Union Station.

    Drivers can arrive at the nearest on-ramp for Highway 400 in under 5 minutes. As well, there are on-ramps to both Highway 7 and the 407 nearby.

    Listing History for The Met Condos

    4

    Listings For Sale

    Interested in receiving new listings for sale?

    9

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    2/10
    Walkability
    You may find a lonely mailbox at the corner. Best friends with your sneakers yet?
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

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

    Population
    15,012
    Average Individual Income
    $73,595
    Average Household Size
    0 persons
    Average Age
    4
    Average Household Income
    $120,695
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    46%
    Semi Detached
    19%
    High Rise Apartment
    13%
    Low Rise Apartment
    10%
    Duplex
    9%
    Marital Status
    Commute
    Languages
    Tagalog
    1%
    Spanish
    1%
    Mandarin
    5%
    Cantonese
    5%
    English
    55%
    Indigenous Language
    24%
    Other
    9%
    Education
    High School
    30%
    Apprenticeship
    4%
    University and Above
    27%
    College
    16%
    University Below Batchelor
    2%
    None
    17%
    Major Field of Study
    Personal, Protective & Transportation Services
    5%
    Health & Related Fields
    14%
    Architecture & Engineering
    18%
    Humanities
    4%
    Physical Sciences
    4%
    Math & Computer Sciences
    4%
    Social Sciences
    14%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%
    Business Management
    23%

    Price Trend

    Average price of units sold in Vaughan Metropolitan Centre

    Building Trends At The Met Condos

    Days on Strata

    Units at The Met Condos spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

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

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 10 condos in the Vaughan Metropolitan Centre area

    Sold Units

    25
    Units were Sold over the past twelve months

    Rented Units

    102
    Units were Rented over the past twelve months

    Sales vs Rental Values For This Condo

    1 Bed504 - 611 SQFT
    Average Cost Per Sqft$1,006
    Sales Price Range$490,000 - $579,000
    Rental Price Range$2,050 - $2,400
    1 Bed + Den510 - 649 SQFT
    Average Cost Per Sqft$983
    Sales Price Range$575,000 - $650,000
    Rental Price Range$2,250 - $2,850
    2 Bed615 - 1256 SQFT
    Average Cost Per Sqft$992
    Sales Price Range$630,000 - $729,000
    Rental Price Range$2,500 - $3,200
    2 Bed + Den860 - 875 SQFT
    Average Cost Per Sqft$941
    Sales Price Range$785,000 - $785,000
    Rental Price Range$3,000 - $3,000

    How Often Are Units Listed?

    1 Bed500 - 624 SQFT
    Average Sales Availability
    Every64Days
    Average Rental Availability
    Every12Days
    Ratio of Unit Type in Building21%
    1 Bed + Den501 - 700 SQFT
    Average Sales Availability
    Every36Days
    Average Rental Availability
    Every7Days
    Ratio of Unit Type in Building37%
    2 Bed611 - 1256 SQFT
    Average Sales Availability
    Every30Days
    Average Rental Availability
    Every6Days
    Ratio of Unit Type in Building39%
    2 Bed + Den832 - 1256 SQFT
    Average Sales Availability
    Every241Days
    Average Rental Availability
    Every76Days
    Ratio of Unit Type in Building4%
    3 Bed + Den1299 - 1299 SQFT
    Average Sales Availability
    No Data
    Average Rental Availability
    Every92Days
    Ratio of Unit Type in Building2%

    Maintenance Fees

    The Met Condos vs The Vaughan Metropolitan Centre Area
    The Met Condos's Avg
    monthly maintenance fee
    $0.70 / SQFT
    Neighbourhood Avg
    monthly maintenance fee
    $0.70 / SQFT

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