212-120 Promenade Circle, Vaughan, ON

Brownridge, Vaughan · MLS® N13469610

$749,000
For Sale
Listed 93 days agoNo offer date statedSitting longer than typical
Request a showing
◎ Directions
2+1Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Be at the Centre of the Action in this Bright, Sunny, Clean, Well-Appointed Apartment in Exclusive Menkes Built Luxury Royal Promenade 1 complex.
  • The residence is the epitome of classy living with tasteful renovations done in a neutral way, that will facilitate a seamlessly turn-key transition to your new home...
  • The building amenities are numerous and include a guest suite, exercise room, party room, game rooms with billiards, table tennis, outdoor pool and tennis/pickleball...
  • You're steps away to AAA Thornhill retail at the landmark Promenade Mall, as well as convenient public transit, Hwys 7 + 407, excellent schools, places of worship...

Be at the Centre of the Action in this Bright, Sunny, Clean, Well-Appointed Apartment in Exclusive Menkes Built Luxury Royal Promenade 1 complex. Live in comfort and security in this spacious unit that is part of the highly desired gated community. The residence is the epitome of classy living with tasteful renovations done in a neutral way, that will facilitate a seamlessly turn-key transition to your new home while allowing for you to put your personal touches in making it your own. Notable features include upgraded flooring, freshly painted throughout, high end appliances, snazzy kitchen countertop, ample living space, functional layout with great feng shui, large bedrooms, oversized laundry room and ample natural light drenching the entire home. The building amenities are numerous and include a guest suite, exercise room, party room, game rooms with billiards, table tennis, outdoor pool and tennis/pickleball courts! You're steps away to AAA Thornhill retail at the landmark Promenade Mall, as well as convenient public transit, Hwys 7 + 407, excellent schools, places of worship, golf and other recreation and so much more.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13469610
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Bathurst & Centre St
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$1,145/mo
Exposure
East
Property tax
$3,184 / 2025
Days on market
93
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Living RoomMain3.35 × 3.18 m

combined w/dining · renovated

OfficeMain2.74 × 2.21 m

Window

FoyerMain1.57 × 2.49 m

Closet

BathroomMain1.47 × 2.74 m
Primary BedroomMain3.30 × 5.26 m
KitchenMain2.54 × 3.23 m
BathroomMain2.59 × 2.74 m
LaundryMain1.70 × 2.54 m
Bedroom 2Main2.74 × 5.26 m
Dining RoomMain3.66 × 3.48 m

combined w/living · renovated

BreakfastMain2.54 × 2.18 m

Window

Our TakeTeam Asgarian · Broker
Above what recent sales support
$654Kautomated estimate, from recent sales

Listed at $749,000. Recent sales of homes like it put this one around $654K, so the ask is about 14% above what similar homes have sold for.

If it sells at this ask, expect about $718K, typically $704K to $742K: that is where homes here have closed against their asks in the last 90 days (20 closings).

Longer on the market than typical. 93 days on the market against about 36 for homes like it here, and asking 14% above where comparable closings put it.

List price
$609KBelow recent closings$749KAbove recent closings

Total price vs nearby homes. Fair value about $654K, learned from recent GTA sales.

The market behind the math:

20sold nearby · 90 days
$599Kmedian sold price
94%of asking, on average
−6%prices vs a year ago
~29 dayshomes like this take to sell
93days on market so far
$3,304/moest. rent · 11 leases
5.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.2 months of inventory: 21 condo apartment homes for sale in the area against 20 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 $576/sqft against an area asking average of $585/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $759K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

Its public catchment (Brownridge PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($576/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 5 homes sold in this building over the past two years, from 127 closings in Brownridge.

Neighbourhood & location

Brownridge, 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.

Beverley Glen
$621K
Lakeview Estates
$600K
Crestwood-Springfarm-Yorkhill
$693K
Concord
$578K
Maple
$516K

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

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

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Brownridge PS
73%
Brownridge PSPublic · Elementary · JK-8 · 0.7 km awayAround the GTA average · 73% meet the provincial standard
Westmount CIEQAO results not published
St. ElizabethEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Elizabeth Catholic High School · Catholic secondary0.7 km · 76% at standard
Westmount Collegiate Institute · Public secondary0.8 km · 81% at standard
Rosedale Heights Public School · Public elementary1.0 km · 72% at standard
Westminster Public School · Public elementary1.1 km · 60% at standard
Wilshire Elementary School · Public elementary1.2 km · 58% at standard
Ventura Park Public School · Public elementary1.2 km · 80% at standard
St Giovanni Battista Scalabrini Catholic Elementary School · Catholic elementary1.5 km · 86% at standard
Yorkhill Elementary School · Public elementary1.5 km · 81% at standard
Charlton Public School · Public elementary1.6 km · 69% at standard
Hodan Nalayeh Secondary School · Public secondary1.8 km · 82% at standard
Louis-Honore Frechette Public School · Public elementary2.0 km · 84% at standard
Thornhill Public School · Public elementary2.4 km · 78% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,414/mo
$163KIncome needed
4.6×Price ÷ income
$788Weekly cost
$11,455Land 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.

71%mortgage
Mortgage $3,414Property tax $265Condo fee $1,145Total carry $4,824

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,280per month

Mortgage amount $599,200 · 4.39% over 25 years

$149,800Down payment (20.0%)
$599,200Loan before insurance
$0CMHC premium
$4,690Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,280
Property tax
$265
Condo / maintenance fees
$1,145
Heating
$0
Estimated monthly cost
$4,690

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

One-time closing costs

Ontario land transfer tax
$11,455
Estimated closing costs
$11,455

Plus your down payment of $149,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,974/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

$384,760Total interest paid
$983,960Total of all payments
Principal $599,200 Interest $384,760
YearPrincipalInterestBalance
1$13,559$25,799$585,641
2$14,161$25,197$571,480
3$14,789$24,569$556,690
4$15,446$23,913$541,245
5$16,131$23,227$525,113
6$16,847$22,511$508,266
7$17,595$21,763$490,671
8$18,376$20,983$472,295
9$19,191$20,167$453,104
10$20,043$19,315$433,061
11$20,933$18,426$412,128
12$21,862$17,497$390,266
13$22,832$16,526$367,434
14$23,845$15,513$343,589
15$24,904$14,455$318,685
16$26,009$13,349$292,676
17$27,163$12,195$265,513
18$28,369$10,990$237,144
19$29,628$9,731$207,516
20$30,943$8,416$176,574
21$32,316$7,042$144,258
22$33,750$5,608$110,507
23$35,248$4,110$75,259
24$36,813$2,546$38,446
25$38,446$912$0

At the end of your 5-year term

Total paid over the term
$196,792
Principal paid down
$74,087
Interest paid
$122,705
Balance remaining
$525,113

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 11 whole-home leases in Brownridge$3,304/mo
$39,648Gross annual rent
2.4%Cap rate after taxes and upkeep
$3,039 to $3,568Typical rent range
~22 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 11 whole-home leases in Brownridge signed at a median of $3,304 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,304. 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.

5.3%
Gross yield
− Property tax $3,184− Condo fees $13,738− Insurance $600− Vacancy & upkeep $4,361Net operating income $17,766

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

CallRequest a showing