3209-225 Commerce Street, Vaughan, ON
Vaughan Corporate Centre, Vaughan · MLS® N13577786
About this home
Spacious and bright 1+Den condo featuring a highly functional layout, two full bathrooms, and a large wraparound balcony. The versatile den is generously sized and can easily be used as a second bedroom or home office. Floor-to-ceiling windows flood the unit with natural light, while the modern open-concept design showcases built-in appliances and contemporary finishes throughout. Residents enjoy 24-hour concierge service and exceptional building amenities. Ideally situated in a prime location with convenient access to shopping, dining, and entertainment, including Costco, IKEA, Cineplex, and Vaughan Mills. Just a short walk to the Vaughan Metropolitan Centre Subway Station, offering direct access to downtown Toronto, and only minutes from Highways 400 and 407.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13577786
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 500-599
- Cross streets
- HWY 7 & HWY 400
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Other
- Exposure
- North West
- Listing brokerage
- RE/MAX METROPOLIS REALTY
Listed at $2,100/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.
Based on 57 similar rentals nearby, adjusted for size, beds, and baths.Median of 57 comparable active listings, adjusted for size, beds, and baths.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $2,100/mo
- Bathrooms −$100/mo
- Adjusts to $2,000/mo
That comparable adjusts to $2,000/mo; the $2,019/mo estimate above is the median of all 57 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.
Its public catchment (Hodan Nalayeh SS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $2,019/mo, median of 57 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Lifestyle
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Vaughan Corporate Centre, Vaughan, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Hwy 7 at (EB) Commerce Station, about 67 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,680 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9
- Property tax
- $1
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10
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
- Estimated closing costs
- $11
Plus your down payment of $420. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $538
- Principal paid down
- $214
- Interest paid
- $324
- Balance remaining
- $1,466
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.
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX METROPOLIS REALTY. MLS®/PropTx.