1103-5309 Highway 7, Vaughan, ON

Vaughan Grove, Vaughan · MLS® N13690892

$749,900
For Sale
Listed 61 days agoNo offer date statedSitting longer than typical
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2Bedrooms
3Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Designer executive 2-bedroom condo townhome with a quiet interior courtyard location.
  • Offering 1,142 sqft of thoughtfully designed living space with a private rooftop terrace, ideally located close to shopping, dining, transit, schools, parks, and...
  • The open-concept layout features laminate flooring, large windows, and a fireplace, creating a bright and inviting living and dining area that flows seamlessly into a...
  • The upper level includes a spacious primary bedroom with two closets and a 3-piece ensuite, a second bedroom with its own private balcony, and a well-appointed...
  • Enjoy exceptional connectivity with direct routes to Highways 407 and 427, providing efficient travel throughout the GTA and seamless connections to Toronto Pearson...

Designer executive 2-bedroom condo townhome with a quiet interior courtyard location. Offering 1,142 sqft of thoughtfully designed living space with a private rooftop terrace, ideally located close to shopping, dining, transit, schools, parks, and everyday amenities. The open-concept layout features laminate flooring, large windows, and a fireplace, creating a bright and inviting living and dining area that flows seamlessly into a gourmet kitchen with granite countertops, centre island with breakfast bar, stainless steel appliances, and stylish backsplash. A separate sitting area offers a walkout to a private balcony, perfect for morning coffee or relaxation. The upper level includes a spacious primary bedroom with two closets and a 3-piece ensuite, a second bedroom with its own private balcony, and a well-appointed 4-piece bathroom. The top level provides a dedicated office space and an expansive rooftop terrace ideal for work, relaxation, and entertaining. Enjoy exceptional connectivity with direct routes to Highways 407 and 427, providing efficient travel throughout the GTA and seamless connections to Toronto Pearson International Airport. Commuters will also appreciate convenient access to the Vaughan Metropolitan Centre TTC subway station, offering a direct transit connection to downtown Toronto and beyond.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N13690892
Bedrooms
2
Bathrooms
3 (1 half)
Size
1000-1199 sq ft
Cross streets
Hwy 7 & Kipling Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Wood
Maintenance
$502/mo
Exposure
South
Property tax
$3,385 / 2025
Days on market
61
Listing brokerage
RE/MAX ALL-STARS BENCZIK KAVANAGH TEAM

Rooms

Bedroom 2Second3.59 × 3.23 m

broadloom · closet organizers · w/o to balcony

Dining RoomMain4.53 × 3.98 m

laminate · pot lights · combined w/living

KitchenMain5.48 × 2.63 m

laminate · centre island · stainless steel appl

SittingMain2.76 × 2.55 m

laminate · w/o to balcony

Living RoomMain4.52 × 3.98 m

laminate · window · combined w/dining

Primary BedroomSecond4.65 × 3.42 m

broadloom · 3 pc ensuite · his and hers closets

OfficeThird1.85 × 1.83 m

laminate · window

Our TakeTeam Asgarian · Broker
Above what recent sales support
$710Kautomated estimate, from recent sales

Listed at $749,900, about 6% above our estimate of $710K (homes like it typically land between $661K and $747K).

Why $710K. The typical townhouse sold in Vaughan Grove over the past year went for about $670K (17 sales). What sets this one apart:

  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $3,385 a year; the typical home sold here pays about $3,200.

Longer on the market than typical. 61 days on the market, and asking 6% above where comparable closings put it.

List price
$661KBelow our range$750KAbove our range

Total price vs nearby homes. Fair value about $710K, learned from recent GTA sales.

The market behind the math:

3sold nearby · 90 days
61days on market so far
$2,875/moest. rent · 8 leases
4.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 5 condo townhouse homes for sale in the area against 3 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 $682/sqft against an area asking average of $606/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 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $639K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 7 homes sold in this building over the past two years, from 24 closings in Vaughan Grove.

What sellers nearby are askingCurrently listed nearby in Vaughan Grove · asking prices
$639kavg 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 $581/sqft; this home lists at $682/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
750kThis home680k628k659k589kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Vaughan: $665K in September 2026, down 6% from a year ago, on 107 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. Vaughan as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$803K9
November 2025$792K11
December 2025$775K7
January 2026$768K11
February 2026$765K8
March 2026$615K5
April 2026$792K10
May 2026$800K10
June 2026$770K13
July 2026$833K6
August 2026$743K10
September 2026$665K7

Neighbourhood & location

Vaughan Grove, 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.

West Woodbridge
$762K
East Woodbridge
$790K
Islington Woods
$649K
Sonoma Heights
$689K
Vaughan Corporate Centre
$704K

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
$3,418/mo
$152KIncome needed
4.9×Price ÷ income
$789Weekly cost
$11,473Land 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.

81%mortgage
Mortgage $3,418Property tax $282Condo fee $502Total carry $4,202

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)
$3,317per month

Mortgage amount $599,920 · 4.49% over 25 years

$149,980Down payment (20.0%)
$599,920Loan before insurance
$0CMHC premium
$4,101Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,317
Property tax
$282
Condo / maintenance fees
$502
Heating
$0
Estimated monthly cost
$4,101

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

One-time closing costs

Ontario land transfer tax
$11,473
Estimated closing costs
$11,473

Plus your down payment of $149,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,015/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

$395,198Total interest paid
$995,118Total of all payments
Principal $599,920 Interest $395,198
YearPrincipalInterestBalance
1$13,388$26,417$586,532
2$13,996$25,809$572,537
3$14,631$25,174$557,906
4$15,295$24,509$542,611
5$15,990$23,815$526,621
6$16,716$23,089$509,905
7$17,475$22,330$492,430
8$18,268$21,537$474,162
9$19,098$20,707$455,065
10$19,965$19,840$435,100
11$20,871$18,934$414,229
12$21,819$17,986$392,410
13$22,809$16,995$369,601
14$23,845$15,960$345,756
15$24,928$14,877$320,828
16$26,060$13,745$294,768
17$27,243$12,562$267,526
18$28,480$11,325$239,046
19$29,773$10,032$209,273
20$31,125$8,680$178,148
21$32,538$7,267$145,611
22$34,015$5,790$111,596
23$35,560$4,245$76,036
24$37,174$2,631$38,862
25$38,862$943$0

At the end of your 5-year term

Total paid over the term
$199,024
Principal paid down
$73,299
Interest paid
$125,724
Balance remaining
$526,621

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 8 whole-home leases in Vaughan Grove$2,875/mo
$34,500Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,645 to $3,105Typical 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 8 whole-home leases in Vaughan Grove signed at a median of $2,667 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,875. 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.

4.6%
Gross yield
− Property tax $3,385− Condo fees $6,023− Insurance $600− Vacancy & upkeep $3,795Net operating income $20,697

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ALL-STARS BENCZIK KAVANAGH TEAM. MLS®/PropTx.

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