5301-898 Portage Parkway, Vaughan, ON

Vaughan Corporate Centre, Vaughan · MLS® N13715266

$623,700
For Sale
Listed 54 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • The TRAIN STATION IS RIGHT HERE (Vaughan Metropolitan Centre Subway Station).
  • Stunning 2Bed + Den With 2 FULL Baths.
  • Den Can Be Used As A 3rd Bedroom.
  • Amenities With 24 Hour Concierge & Visitor Parking.
  • Fantastic Amenities Includes Pool, Basketball Court, Gym, Library, Child Care Center, 24-hour concierge, a state-of-the-art golf and sports simulator, a party and...

The **TRAIN STATION IS RIGHT HERE** (Vaughan Metropolitan Centre Subway Station). Welcome to Transit City's. Stunning 2Bed + Den With 2 FULL Baths. Den Can Be Used As A 3rd Bedroom. Amazing South Views Of The City! Amenities With 24 Hour Concierge & Visitor Parking! Located In The Heart Of Vaughan's Metropolitan Centre. Just Steps Away From The Subway, Buses, Restaurants, Shopping And So Much More. Fantastic Amenities Includes Pool, Basketball Court, Gym, Library, Child Care Center, 24-hour concierge, a state-of-the-art golf and sports simulator, a party and games room, an outdoor terrace with BBQs, a theatre, a business centre, guest lounges, and direct access/proximity to the onsite YMCA fitness facility. Easy Access To Highways 400/407, Vaughan Mills & York University.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13715266
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
Jane & Hwy 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$704/mo
Exposure
East
Property tax
$3,072 / 2026
Days on market
54
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Primary BedroomMain3.50 × 3.95 m

laminate · 4 pc ensuite · closet

Dining RoomMain4.59 × 3.07 m

laminate · combined w/living · open concept

DenMain2.30 × 2.30 m

Laminate

KitchenMain4.57 × 3.07 m

laminate · stainless steel appl · modern kitchen

Living RoomMain4.49 × 3.07 m

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

Bedroom 2Main2.87 × 2.74 m

laminate · window · closet

FoyerMain0.00 × 0.00 m

Mirrored Closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$610Klikely sale price

Listed at $623,700. 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 $610K, if it sells. A realistic range is $574K to $660K.

Independent value check: $561K. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $522K and $590K).

Why $561K. 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 $3,072 a year; the typical home sold here pays about $2,500.
  • ▲ Raises itIt is 800 to 899 sq ft; the typical home sold here is 600 to 699.
  • ▲ Raises it2+1 bedrooms and 2 baths, against 1+1 and 2 typically.
List price
$574KBelow recent closings$660KAbove recent closings

Total price vs nearby homes. Likely closing about $610K, from 28 recent closings in this pocket.

The market behind the math:

28sold nearby · 90 days
$420Kmedian sold price
96%of asking, on average
−21%prices vs a year ago
~36 dayshomes like this take to sell
54days on market so far
$2,800/moest. rent · 38 leases
5.4%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.7 months of inventory: 44 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 $734/sqft against an area asking average of $768/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 $508K. Condition and finishes remain an in-person call.

What the listing highlights1 point 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
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($734/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 33 homes sold in this building over the past two years, from 287 closings in Vaughan Corporate Centre.

What sellers nearby are askingCurrently listed nearby · asking prices
$613kavg 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 $721/sqft; this home lists at $734/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
624kThis home628k628k640k589k580kThis 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
$563K
Vellore Village
$500K
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
$2,843/mo
$133KIncome needed
4.7×Price ÷ income
$656Weekly cost
$8,949Land 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.

75%mortgage
Mortgage $2,843Property tax $256Condo fee $704Total carry $3,803

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)
$2,759per month

Mortgage amount $498,960 · 4.49% over 25 years

$124,740Down payment (20.0%)
$498,960Loan before insurance
$0CMHC premium
$3,719Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,759
Property tax
$256
Condo / maintenance fees
$704
Heating
$0
Estimated monthly cost
$3,719

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

One-time closing costs

Ontario land transfer tax
$8,949
Estimated closing costs
$8,949

Plus your down payment of $124,740. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,339/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

$328,691Total interest paid
$827,651Total of all payments
Principal $498,960 Interest $328,691
YearPrincipalInterestBalance
1$11,135$21,971$487,825
2$11,640$21,466$476,185
3$12,169$20,937$464,016
4$12,721$20,385$451,295
5$13,299$19,807$437,996
6$13,903$19,203$424,094
7$14,534$18,572$409,560
8$15,194$17,912$394,366
9$15,884$17,222$378,482
10$16,605$16,501$361,877
11$17,359$15,747$344,519
12$18,147$14,959$326,372
13$18,971$14,135$307,401
14$19,832$13,274$287,569
15$20,733$12,373$266,836
16$21,674$11,432$245,162
17$22,658$10,448$222,504
18$23,687$9,419$198,817
19$24,762$8,344$174,055
20$25,887$7,219$148,168
21$27,062$6,044$121,106
22$28,291$4,815$92,815
23$29,575$3,531$63,240
24$30,918$2,188$32,322
25$32,322$784$0

At the end of your 5-year term

Total paid over the term
$165,530
Principal paid down
$60,964
Interest paid
$104,566
Balance remaining
$437,996

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 38 whole-home leases in Vaughan Corporate Centre$2,800/mo
$33,600Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,506 to $2,940Typical 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 38 whole-home leases in Vaughan Corporate Centre signed at a median of $2,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,800. 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.

5.4%
Gross yield
− Property tax $3,072− Condo fees $8,450− Insurance $600− Vacancy & upkeep $3,696Net operating income $17,782

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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