1703-950 Portage Parkway, Vaughan, ON

Vaughan Corporate Centre, Vaughan · MLS® N13701164

$499,000
For Sale
Listed 59 days agoNo offer date stated
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2Bedrooms
2Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • At The Prime Intersection Of Luxury & Practicality-This Well Laid Out 2Bdrm 2 Washroom Unit In Transit City (Tc3) Hits All The Right Notes.
  • At Approx 665 Sqft, With 9' Ceiling & Floor To Ceiling Windows, This Unit Exudes Great Flow & Energy.
  • Easy Access To Ttc, Viva, Highways 407, 400.
  • 7 Mins To York University, 43 Mins To Union Station.

At The Prime Intersection Of Luxury & Practicality-This Well Laid Out 2Bdrm 2 Washroom Unit In Transit City (Tc3) Hits All The Right Notes! At Approx 665 Sqft, With 9' Ceiling & Floor To Ceiling Windows, This Unit Exudes Great Flow & Energy. Modern Luxury Kitchen With Built-In & Panelled Appliances & Quartz Countertop In The Kitchen. Light Colour Finishes Make For A Versatile Decor Palette. Large Balcony. Easy Access To Ttc, Viva, Highways 407, 400. Close To The Cortellucci Vaughan Hospital. 7 Mins To York University, 43 Mins To Union Station.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13701164
Bedrooms
2
Bathrooms
2
Size
600-699 sq ft
Cross streets
Jane & Hwy 7
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$450/mo
Exposure
East
Property tax
$2,630 / 2026
Days on market
59
Listing brokerage
Astra Realty Group

Rooms

Living RoomFlat6.00 × 3.48 m

combined w/dining · w/o to balcony · laminate

Dining RoomFlat6.00 × 3.48 m

combined w/living · laminate

Primary BedroomFlat3.28 × 3.10 m

4 pc ensuite · closet · laminate

KitchenFlat6.00 × 3.48 m

combined w/dining · b/i appliances · laminate

Bedroom 2Flat2.59 × 2.69 m

sliding doors · closet · laminate

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 Vaughan Corporate Centre · asking prices
$490kavg 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 $755/sqft; this home lists at $768/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
499kThis home499k479k478k520k475kThis home vs active comparables

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
$563K
Vellore Village
$524K
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
$2,274/mo
$106KIncome needed
4.7×Price ÷ income
$525Weekly cost
$6,455Land 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.

77%mortgage
Mortgage $2,274Property tax $219Condo fee $450Total carry $2,944

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$2,876Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$219
Condo / maintenance fees
$450
Heating
$0
Estimated monthly cost
$2,876

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

One-time closing costs

Ontario land transfer tax
$6,455
Estimated closing costs
$6,455

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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
2.7%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.

4.9%
Gross yield
− Property tax $2,630− Condo fees $5,402− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,263

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Astra Realty Group. MLS®/PropTx.

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