421-8960 Jane Street, Vaughan, ON

Vellore Village, Vaughan · MLS® N12878934

$949,900
For Sale
Listed 218 days agoNo offer date statedSitting longer than typical
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2Bedrooms
3Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • 2 Bedroom 3 Bathrooms Suite + Parking + Locker!, featuring 9 ft.
  • Preferred Floor Plan Totaling at 1155 SQFT with Ultra-Modern Finishes, European Style Kitchen With Centre Island, Quartz Countertop, Ceramic Backsplash, Full Size...
  • Open Concept Layout And Modern Finishes Throughout.
  • The 6th Floor Features An Outdoor Pool, Terrace, Lounge, Fitness Club And Yoga Studio.

Charisma South Tower! 2 Bedroom 3 Bathrooms Suite + Parking + Locker!, featuring 9 ft. Ceiling! Preferred Floor Plan Totaling at 1155 SQFT with Ultra-Modern Finishes, European Style Kitchen With Centre Island, Quartz Countertop, Ceramic Backsplash, Full Size Appliances Package, Grand Primary Bedroom 3Pc Ensuite With 24 Hrs. consirge.Open Concept Layout And Modern Finishes Throughout. Indulge In Top-Tier Amenities: Relax In The Theatre, Billiards And Games Rooms, Play Bocce, Groom Pets, Or Host In The Private Dining Room On The Main Floor. The 6th Floor Features An Outdoor Pool, Terrace, Lounge, Fitness Club And Yoga Studio. The Rooftop Offers A Party Room And Terrace For Unforgettable Gatherings. Located In An Established Community, You're Minutes From Transit, Hospitals, Shopping And Dining. Make Charisma Your Home Today! Large Walk-In Closet., Close To Hospital, Vaughan Mills, T.T.C. Subway & Much More!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N12878934
Bedrooms
2
Bathrooms
3 (1 half)
Size
1000-1199 sq ft
Cross streets
Jane St and Rutherford Road
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$897/mo
Exposure
East
Days on market
218
Listing brokerage
RE/MAX EXPERTS

Rooms

Primary BedroomMain3.05 × 3.66 m

3 pc bath · walk-in closet(s) · large window

BedroomMain3.05 × 3.53 m

4 pc bath · walk-in closet(s) · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$919Klikely sale price

Listed at $949,900 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $919K, typically $866K to $995K. Comparable closings on their own put this home around $670K, about 29% below the ask.

Longer on the market than typical. 218 days on the market against about 33 for homes like it here, and asking 42% above where comparable closings put it.

List price
$866KBelow recent closings$995KAbove recent closings

Total price vs nearby homes. Likely closing about $919K, from 7 recent closings in this pocket.

The market behind the math:

7sold nearby · 90 days
$575Kmedian sold price
95%of asking, on average
−9%prices vs a year ago
~33 dayshomes like this take to sell
218days on market so far
$3,319/moest. rent · 86 leases
4.2%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.4 months of inventory: 15 condo apartment homes for sale in the area against 7 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $864/sqft against an area asking average of $797/sqft.

How this estimate is builtthe short version

I take the 7 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 7 comparable homes that sold in Vellore Village over the past two years, from 49 closings there.

What sellers nearby are askingCurrently listed nearby in Vellore Village · asking prices
$853kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $776/sqft; this home lists at $864/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
950kThis home898k830k830kThis home vs active comparables

Sold price trend

Median sold price for condos in Vaughan: $505K in September 2026, down 4% from a year ago, on 795 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Vaughan as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$570K71
November 2025$565K67
December 2025$538K50
January 2026$520K49
February 2026$575K54
March 2026$538K72
April 2026$525K62
May 2026$552K79
June 2026$547K92
July 2026$570K73
August 2026$523K64
September 2026$505K62

Neighbourhood & location

Vellore Village, Vaughan, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Concord
$561K
Maple
$611K
Vaughan Corporate Centre
$511K
East Woodbridge
$579K
Beverley Glen
$574K

Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$4,329/mo
$205KIncome needed
4.6×Price ÷ income
$999Weekly cost
$15,473Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

74%mortgage
Mortgage $4,329Estimated property tax $594Condo fee $897Total carry $5,820

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,202per month

Mortgage amount $759,920 · 4.49% over 25 years

$189,980Down payment (20.0%)
$759,920Loan before insurance
$0CMHC premium
$5,692Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,202
Estimated property tax
$594
Condo / maintenance fees
$897
Heating
$0
Estimated monthly cost
$5,692

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$15,473
Estimated closing costs
$15,473

Plus your down payment of $189,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,086/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$500,598Total interest paid
$1,260,518Total of all payments
Principal $759,920 Interest $500,598
YearPrincipalInterestBalance
1$16,958$33,463$742,962
2$17,728$32,693$725,234
3$18,533$31,888$706,701
4$19,375$31,046$687,326
5$20,254$30,167$667,072
6$21,174$29,247$645,898
7$22,135$28,285$623,763
8$23,140$27,280$600,622
9$24,191$26,230$576,432
10$25,289$25,131$551,142
11$26,438$23,983$524,705
12$27,638$22,783$497,067
13$28,893$21,528$468,174
14$30,205$20,216$437,969
15$31,576$18,845$406,393
16$33,010$17,411$373,384
17$34,508$15,912$338,875
18$36,075$14,345$302,800
19$37,713$12,707$265,087
20$39,426$10,995$225,661
21$41,216$9,205$184,445
22$43,087$7,334$141,358
23$45,043$5,377$96,315
24$47,089$3,332$49,227
25$49,227$1,194$0

At the end of your 5-year term

Total paid over the term
$252,104
Principal paid down
$92,848
Interest paid
$159,255
Balance remaining
$667,072

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 86 whole-home leases in Vellore Village$3,319/mo
$39,828Gross annual rent
1.8%Cap rate after taxes and upkeep
$3,153 to $3,485Typical rent range
~21 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 86 whole-home leases in Vellore Village signed at a median of $2,979 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,319. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.2%
Gross yield
− Property tax $6,649− Condo fees $10,766− Insurance $600− Vacancy & upkeep $4,381Net operating income $17,431

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.

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