405-7608 Yonge Street, Vaughan, ON

Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N13686320

$510,000
For Sale
Listed 62 days agoNo offer date statedSitting longer than typical
1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Perfect for first time home buyers.
  • The primary bedroom offers a generous walk-in closet & upgraded barn-style sliding doors. while the versatile den includes a custom queen-sized Murphy bed, making it...
  • Subway Line Extension, Highway 407 and Highway 7 for convenient travel throughout the GTA.

Live In Luxury! Perfect for first time home buyers! Welcome to 7608 Yonge Street, Suite 405, a beautifully updated 1+1-bedroom condo offering approximately 696 sq. ft. of open-concept living in the sought-after Minto WaterGarden. Freshly repainted and enhanced with brand-new luxury vinyl flooring throughout, this inviting suite features a spacious living and dining area with a custom built-in wall unit providing exceptional storage and walk-out to a private balcony with direct views of the tranquil water garden. The modern kitchen is equipped with stainless steel appliances, granite countertops, a ceramic backsplash and a new dishwasher. The primary bedroom offers a generous walk-in closet & upgraded barn-style sliding doors. while the versatile den includes a custom queen-sized Murphy bed, making it ideal for overnight guests or a home office. The four-piece bathroom features a built-in vanity and convenient in-suite laundry with a washer and dryer. One owned underground parking space and one owned locker are also included. Residents enjoy concierge and security services, an exercise room, games room, elegant party and meeting room, guest suites, visitor parking and a community BBQ in the beautifully landscaped outdoor water garden and patio area. Ideally surrounded by Thornhill Park, Pomona Mills Park, Winding Lane Park, York Hill District Park, Garnet A. Williams Community Centre, Goulding Community Recreation Centre and The Thornhill Golf Club for active living & sports. This location also provides access to excellent schools, including Thornhill Public School, Thornhill Secondary School, Baythorn Public School, St. Elizabeth Catholic High School, Hodan Nalayeh Secondary School, Westmount Collegiate & more. Plus nearby shopping, restaurants, Promenade Mall, Centerpoint Mall, YRT/Viva buses, GO Transit, Future TTC Yonge St. Subway Line Extension, Highway 407 and Highway 7 for convenient travel throughout the GTA.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13686320
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Yonge St. & Arnold Ave.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$670/mo
Exposure
North West
Property tax
$2,757 / 2026
Days on market
62
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

BathroomFlat3.82 × 1.87 m

4 pc bath · b/i vanity · combined w/laundry

Primary BedroomFlat3.04 × 3.28 m

walk-in closet(s) · vinyl floor · combined w/den

Living RoomFlat5.66 × 4.56 m

open concept · vinyl floor · w/o to balcony

KitchenFlat2.21 × 2.94 m

stainless steel appl · ceramic backsplash · granite counters

Dining RoomFlat3.30 × 4.76 m

open concept · vinyl floor · combined w/kitchen

DenFlat2.39 × 1.91 m

murphy bed · combined w/living · vinyl floor

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

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
Maple
$600K
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
$2,324/mo
$112KIncome needed
4.5×Price ÷ income
$536Weekly cost
$6,675Land 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.

72%mortgage
Mortgage $2,324Property tax $230Condo fee $670Total carry $3,224

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)
$2,256per month

Mortgage amount $408,000 · 4.49% over 25 years

$102,000Down payment (20.0%)
$408,000Loan before insurance
$0CMHC premium
$3,156Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,256
Property tax
$230
Condo / maintenance fees
$670
Heating
$0
Estimated monthly cost
$3,156

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

One-time closing costs

Ontario land transfer tax
$6,675
Estimated closing costs
$6,675

Plus your down payment of $102,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,730/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

$268,771Total interest paid
$676,771Total of all payments
Principal $408,000 Interest $268,771
YearPrincipalInterestBalance
1$9,105$17,966$398,895
2$9,518$17,553$389,377
3$9,950$17,120$379,427
4$10,402$16,669$369,024
5$10,874$16,196$358,150
6$11,368$15,703$346,782
7$11,884$15,186$334,897
8$12,424$14,647$322,473
9$12,988$14,083$309,485
10$13,578$13,493$295,908
11$14,194$12,877$281,713
12$14,839$12,232$266,874
13$15,512$11,558$251,362
14$16,217$10,854$235,145
15$16,953$10,118$218,192
16$17,723$9,348$200,469
17$18,528$8,543$181,942
18$19,369$7,702$162,573
19$20,248$6,823$142,325
20$21,168$5,903$121,157
21$22,129$4,942$99,028
22$23,133$3,937$75,895
23$24,184$2,887$51,711
24$25,282$1,789$26,430
25$26,430$641$0

At the end of your 5-year term

Total paid over the term
$135,354
Principal paid down
$49,850
Interest paid
$85,504
Balance remaining
$358,150

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$2,050/mo
$24,600Gross annual rent
2.1%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.

4.8%
Gross yield
− Property tax $2,757− Condo fees $8,040− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,497

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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