4508-7890 Jane Street, Vaughan, ON

Vaughan Corporate Centre, Vaughan · MLS® N13631166

$538,888
For Sale
Listed 78 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Welcome to modern urban living in the heart of Vaughan Metropolitan Centre.
  • This sun-filled 2-bedroom, 2-bathroom suite is perched on a high floor, offering 665 sq ft of interior space plus a 95 sq ft private balcony, featuring unobstructed...
  • Enjoy a functional, open-concept layout with brand-new flooring and fresh paint, a sleek modern kitchen with integrated appliances, stylish cabinetry, and a...
  • The primary bedroom boasts its own ensuite bath, large closet, and expansive windows.
  • Resort-style amenities include: infinity pool, gym, yoga studio, squash court, games room, library, and more.

Welcome to modern urban living in the heart of Vaughan Metropolitan Centre! This sun-filled 2-bedroom, 2-bathroom suite is perched on a high floor, offering 665 sq ft of interior space plus a 95 sq ft private balcony, featuring unobstructed views and floor-to-ceiling windows that flood the space with natural light. Enjoy a functional, open-concept layout with brand-new flooring and fresh paint, a sleek modern kitchen with integrated appliances, stylish cabinetry, and a contemporary backsplash. The primary bedroom boasts its own ensuite bath, large closet, and expansive windows.Located just steps from the TTC Subway Station, VMC Transit Hub, and minutes to York University, shopping, dining, and entertainment including RioCan Colossus Centre and Nations Fresh Foods. Quick access to Highways 400 & 407 makes commuting across the GTA effortless. Resort-style amenities include: infinity pool, gym, yoga studio, squash court, games room, library, and more.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13631166
Bedrooms
2
Bathrooms
2
Size
600-699 sq ft
Cross streets
Jane St/ Portage Prkwy
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$504/mo
Exposure
North
Property tax
$3,036 / 2025
Days on market
78
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Primary BedroomMain2.90 × 3.15 m

ensuite bath · closet · large window

Living RoomMain2.82 × 6.45 m

combined w/kitchen · w/o to balcony · window floor to ceiling

KitchenMain2.82 × 6.45 m

stainless steel appl · combined w/dining · combined w/living

Bedroom 2Main2.26 × 2.95 m

sliding doors · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$527Klikely sale price

Listed at $538,888. Going by how homes in Vaughan Corporate Centre and the wider GTA have actually closed against their asking prices (about 98%, 28 local closings in 90 days), the likely sale price is near $527K, if it sells. A realistic range is $496K to $570K.

Independent value check: $498K. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $463K and $523K).

Why $498K. The typical condo sold in Vaughan Corporate Centre over the past year went for about $475K (125 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,036 a year; the typical home sold here pays about $2,500.
  • ▲ Raises it2 bedrooms and 2 baths, against 1+1 and 2 typically.
  • ▼ Lowers it0 garage and 0 total parking spaces, against 1 and 1 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.

Longer on the market than typical. 78 days on the market against about 37 for homes like it here, and asking 8% above where comparable closings put it.

List price
$496KBelow recent closings$570KAbove recent closings

Total price vs nearby homes. Likely closing about $527K, from 28 recent closings in this pocket.

The market behind the math:

28sold nearby · 90 days
$420Kmedian sold price
96%of asking, on average
−22%prices vs a year ago
~36 dayshomes like this take to sell
78days on market so far
$2,500/moest. rent · 23 leases
5.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.3 months of inventory: 59 condo apartment homes for sale in the area against 28 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 $830/sqft against an area asking average of $792/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 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $474K. Condition and finishes remain an 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
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($830/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 27 homes sold in this building over the past two years, from 286 closings in Vaughan Corporate Centre.

What sellers nearby are askingCurrently listed nearby in Vaughan Corporate Centre · asking prices
$542kavg 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 $834/sqft; this home lists at $830/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
539kThis home539k530k550k520k569kThis home vs active comparables

Sold price trend

Median sold price for condos in Vaughan Corporate Centre: $448K in September 2026, down 3% from a year ago, on 127 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.

Month by month
MonthMedian soldClosings
October 2025$507K12
November 2025$442K11
December 2025$400K5
January 2026$497K16
February 2026$465K5
March 2026$480K12
April 2026$511K8
May 2026$455K12
June 2026$500K21
July 2026$470K8
August 2026$395K5
September 2026$448K12

Neighbourhood & location

Vaughan Corporate Centre, 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
$555K
Vellore Village
$492K
Maple
$600K
West Woodbridge
$745K
Brownridge
$557K

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
$2,456/mo
$115KIncome needed
4.7×Price ÷ income
$567Weekly cost
$7,253Land 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.

76%mortgage
Mortgage $2,456Property tax $253Condo fee $504Total carry $3,213

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,384per month

Mortgage amount $431,110 · 4.49% over 25 years

$107,778Down payment (20.0%)
$431,110Loan before insurance
$0CMHC premium
$3,141Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,384
Property tax
$253
Condo / maintenance fees
$504
Heating
$0
Estimated monthly cost
$3,141

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

One-time closing costs

Ontario land transfer tax
$7,253
Estimated closing costs
$7,253

Plus your down payment of $107,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,885/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

$283,995Total interest paid
$715,105Total of all payments
Principal $431,110 Interest $283,995
YearPrincipalInterestBalance
1$9,621$18,984$421,490
2$10,057$18,547$411,432
3$10,514$18,090$400,918
4$10,991$17,613$389,927
5$11,490$17,114$378,437
6$12,012$16,592$366,425
7$12,558$16,047$353,867
8$13,128$15,476$340,739
9$13,724$14,880$327,016
10$14,347$14,257$312,669
11$14,998$13,606$297,670
12$15,679$12,925$281,991
13$16,391$12,213$265,600
14$17,135$11,469$248,465
15$17,913$10,691$230,551
16$18,727$9,877$211,824
17$19,577$9,027$192,247
18$20,466$8,138$171,781
19$21,395$7,209$150,386
20$22,367$6,238$128,020
21$23,382$5,222$104,638
22$24,444$4,160$80,194
23$25,554$3,051$54,640
24$26,714$1,890$27,927
25$27,927$677$0

At the end of your 5-year term

Total paid over the term
$143,021
Principal paid down
$52,674
Interest paid
$90,347
Balance remaining
$378,437

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 23 whole-home leases in Vaughan Corporate Centre$2,500/mo
$30,000Gross annual rent
3.2%Cap rate after taxes and upkeep
$2,375 to $2,625Typical rent range
~19 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 23 whole-home leases in Vaughan Corporate Centre signed at a median of $2,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,500. 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.

5.6%
Gross yield
− Property tax $3,036− Condo fees $6,053− Insurance $600− Vacancy & upkeep $3,300Net operating income $17,011

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

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