711-120 Promenade Circle, Vaughan, ON

Brownridge, Vaughan · MLS® N13553242

$829,900
For Sale
Listed 100 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
2Garage
1400-1599Sq ft

About this home

In short

  • Beautiful and spacious 1,423 sq ft condo offering breathtaking views and an exceptional layout.
  • Featuring 2 generously sized bedrooms and 2 full bathrooms, this residence is perfect, comfortable living and wonderful entertaining.
  • Rarely offered 2 parking spots.
  • Located in a highly desirable area, this building offers outstanding amenities including a 24-hour gatehouse and security, fully equipped gym, outdoor pool, sauna...

Beautiful and spacious 1,423 sq ft condo offering breathtaking views and an exceptional layout. Featuring 2 generously sized bedrooms and 2 full bathrooms, this residence is perfect, comfortable living and wonderful entertaining. Rarely offered 2 parking spots! Located in a highly desirable area, this building offers outstanding amenities including a 24-hour gatehouse and security, fully equipped gym, outdoor pool, sauna, tennis court, party and lounge rooms, meeting spaces, library, multimedia room, guest suite, and plenty of visitor parking. A perfect blend of space, lifestyle, and convenience!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13553242
Bedrooms
2
Bathrooms
2
Size
1400-1599 sq ft
Cross streets
Bathurst St & Centre St
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,292/mo
Exposure
North East
Property tax
$3,707 / 2025
Days on market
100
Listing brokerage
RIGHT AT HOME REALTY
Our TakeTeam Asgarian · Broker
A discount is typical here
$795Klikely sale price

Listed at $829,900. Going by how homes in Brownridge and the wider GTA have actually closed against their asking prices (about 96%, 25 local closings in 90 days), the likely sale price is near $795K, if it sells. A realistic range is $748K to $860K.

Independent value check: $766K. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $712K and $805K).

Why $766K. The typical condo sold in Brownridge over the past year went for about $635K (68 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,707 a year; the typical home sold here pays about $3,100.
  • ▲ Raises it stronglyIt is 1,400 to 1,599 sq ft; the typical home sold here is 1,200 to 1,399.

Longer on the market than typical. 100 days on the market against about 43 for homes like it here, and asking 8% above where comparable closings put it.

List price
$748KBelow recent closings$860KAbove recent closings

Total price vs nearby homes. Likely closing about $795K, from 25 recent closings in this pocket.

The market behind the math:

25sold nearby · 90 days
$520Kmedian sold price
94%of asking, on average
−19%prices vs a year ago
~30 dayshomes like this take to sell
100days on market so far
$3,499/moest. rent · 9 leases
5.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 13 condo apartment homes for sale in the area against 25 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 $553/sqft against an area asking average of $596/sqft.

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 25 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $753K. Condition and finishes remain an in-person call.

What the listing highlights1 point 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
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($553/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 7 homes sold in this building over the past two years, from 135 closings in Brownridge.

What sellers nearby are askingCurrently listed nearby in Brownridge · asking prices
$757kavg 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 $582/sqft; this home lists at $553/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
830kThis home859k780k689k699kThis home vs active comparables

Sold price trend

Median sold price for condos in Brownridge: $510K in September 2026, down 20% from a year ago, on 60 closings in 8 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$585K5
November 2025$810K7
December 2025$619K6
May 2026$783K10
June 2026$850K7
July 2026$710K6
August 2026$500K10
September 2026$510K9

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
$572K
Crestwood-Springfarm-Yorkhill
$684K
Concord
$563K
Vaughan Corporate Centre
$485K
Vellore Village
$500K

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
$3,782/mo
$181KIncome needed
4.6×Price ÷ income
$873Weekly cost
$13,073Land 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.

70%mortgage
Mortgage $3,782Property tax $309Condo fee $1,292Total carry $5,383

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,671per month

Mortgage amount $663,920 · 4.49% over 25 years

$165,980Down payment (20.0%)
$663,920Loan before insurance
$0CMHC premium
$5,272Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,671
Property tax
$309
Condo / maintenance fees
$1,292
Heating
$0
Estimated monthly cost
$5,272

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

One-time closing costs

Ontario land transfer tax
$13,073
Estimated closing costs
$13,073

Plus your down payment of $165,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,443/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

$437,358Total interest paid
$1,101,278Total of all payments
Principal $663,920 Interest $437,358
YearPrincipalInterestBalance
1$14,816$29,235$649,104
2$15,489$28,563$633,616
3$16,192$27,859$617,424
4$16,927$27,124$600,497
5$17,696$26,356$582,801
6$18,499$25,552$564,302
7$19,339$24,712$544,963
8$20,217$23,834$524,746
9$21,135$22,916$503,611
10$22,095$21,957$481,517
11$23,098$20,953$458,419
12$24,146$19,905$434,273
13$25,243$18,808$409,030
14$26,389$17,662$382,641
15$27,587$16,464$355,054
16$28,840$15,212$326,214
17$30,149$13,902$296,065
18$31,518$12,533$264,547
19$32,949$11,102$231,599
20$34,445$9,606$197,154
21$36,009$8,042$161,145
22$37,644$6,407$123,501
23$39,353$4,698$84,148
24$41,140$2,911$43,008
25$43,008$1,043$0

At the end of your 5-year term

Total paid over the term
$220,256
Principal paid down
$81,119
Interest paid
$139,137
Balance remaining
$582,801

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 9 whole-home leases in Brownridge$3,499/mo
$41,988Gross annual rent
2.1%Cap rate after taxes and upkeep
$3,219 to $3,778Typical rent range
~23 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 9 whole-home leases in Brownridge signed at a median of $3,310 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,499. 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.

5.1%
Gross yield
− Property tax $3,707− Condo fees $15,501− Insurance $600− Vacancy & upkeep $4,619Net operating income $17,562

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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