1108-520 Steels Avenue, Vaughan, ON

Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N13648046

$499,998
For Sale
Listed 74 days agoNo offer date statedSitting longer than typical
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1+1Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to this beautifully maintained 1+Den at Posh Condominiums, offering approx.
  • 728 sq ft of bright, spacious living with unobstructed south-facing city & downtown views.
  • Enjoy a generous 110 sq ft private terrace, perfect for morning coffee, outdoor dining or relaxing while taking in the view.
  • The open-concept layout features 9-ft ceilings, engineered laminate flooring, granite countertops & fresh custom paint throughout.
  • 2 full bathrooms, parking & locker included.

Welcome to this beautifully maintained 1+Den at Posh Condominiums, offering approx. 728 sq ft of bright, spacious living with unobstructed south-facing city & downtown views. Enjoy a generous 110 sq ft private terrace, perfect for morning coffee, outdoor dining or relaxing while taking in the view. The open-concept layout features 9-ft ceilings, engineered laminate flooring, granite countertops & fresh custom paint throughout. Spacious bedroom plus a versatile den, ideal as a home office or second bedroom. 2 full bathrooms, parking & locker included. Conveniently located near shopping, schools, grocery stores, transit, TTC & major routes. A fantastic opportunity to enjoy exceptional space, outdoor living & views in a highly desirable location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13648046
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
700-799 sq ft
Cross streets
Steeles Ave / Bathurst St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Maintenance
$679/mo
Exposure
South
Property tax
$2,859 / 2025
Days on market
74
Listing brokerage
RIGHT AT HOME REALTY

Rooms

DenFlat2.50 × 2.30 m
FoyerFlat3.10 × 1.80 m
BedroomFlat4.00 × 2.75 m
Living RoomFlat5.19 × 3.11 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Crestwood-Springfarm-Yorkhill · asking prices
$481kavg 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 $646/sqft; this home lists at $667/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
500kThis home499k450k510k510k435kThis home vs active comparables

Neighbourhood & location

Crestwood-Springfarm-Yorkhill, 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.

Brownridge
$557K
Beverley Glen
$572K
Vaughan Corporate Centre
$485K
Concord
$563K
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
$2,279/mo
$111KIncome needed
4.5×Price ÷ income
$526Weekly cost
$6,475Land 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 $2,279Property tax $238Condo fee $679Total carry $3,196

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)
$2,212per month

Mortgage amount $399,998 · 4.49% over 25 years

$100,000Down payment (20.0%)
$399,998Loan before insurance
$0CMHC premium
$3,129Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,212
Property tax
$238
Condo / maintenance fees
$679
Heating
$0
Estimated monthly cost
$3,129

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

One-time closing costs

Ontario land transfer tax
$6,475
Estimated closing costs
$6,475

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,677/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

$263,500Total interest paid
$663,498Total of all payments
Principal $399,998 Interest $263,500
YearPrincipalInterestBalance
1$8,926$17,614$391,072
2$9,332$17,208$381,741
3$9,755$16,785$371,985
4$10,198$16,342$361,787
5$10,661$15,879$351,126
6$11,145$15,395$339,981
7$11,651$14,889$328,329
8$12,180$14,360$316,149
9$12,733$13,807$303,416
10$13,312$13,228$290,104
11$13,916$12,624$276,188
12$14,548$11,992$261,641
13$15,208$11,332$246,432
14$15,899$10,641$230,534
15$16,621$9,919$213,913
16$17,375$9,165$196,538
17$18,164$8,376$178,373
18$18,989$7,551$159,385
19$19,851$6,689$139,533
20$20,752$5,788$118,781
21$21,695$4,845$97,086
22$22,680$3,860$74,407
23$23,709$2,830$50,697
24$24,786$1,754$25,911
25$25,911$629$0

At the end of your 5-year term

Total paid over the term
$132,700
Principal paid down
$48,872
Interest paid
$83,827
Balance remaining
$351,126

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
Estimate$2,400/mo
$28,800Gross annual rent
2.8%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.8%
Gross yield
− Property tax $2,859− Condo fees $8,145− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,028

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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