3109-1000 Portage Parkway, Vaughan, ON

Vaughan Corporate Centre, Vaughan · MLS® N13716998

$485,000
For Sale
Listed 53 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Transit City 4 condo 1+1 with 2 washroom and owned underground parking in the heart of Vaughan Metropolitan Centre.
  • Open-concept layout, modern kitchen with stainless-steel appliances, large open balcony and south exposure.
  • Steps to Vaughan Metropolitan Centre subway station with convenient access to Highways 400, 407 and 401.

Transit City 4 condo 1+1 with 2 washroom and owned underground parking in the heart of Vaughan Metropolitan Centre. South exposure bring tons of Sunlight into the unit. Open-concept layout, modern kitchen with stainless-steel appliances, large open balcony and south exposure. Steps to Vaughan Metropolitan Centre subway station with convenient access to Highways 400, 407 and 401.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13716998
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
500-599 sq ft
Cross streets
Highway 7 & Jane St
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Aluminum Siding
Maintenance
$638/mo
Exposure
South
Property tax
$2,857 / 2025
Days on market
53
Listing brokerage
BAY STREET GROUP INC.
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 · asking prices
$486kavg 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 $809/sqft; this home lists at $883/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
485kThis home475k510k580k370k495kThis 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
$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
$2,210/mo
$108KIncome needed
4.5×Price ÷ income
$510Weekly cost
$6,175Land 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 $2,210Property tax $238Condo fee $638Total carry $3,086

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)
$2,145per month

Mortgage amount $388,000 · 4.49% over 25 years

$97,000Down payment (20.0%)
$388,000Loan before insurance
$0CMHC premium
$3,021Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,145
Property tax
$238
Condo / maintenance fees
$638
Heating
$0
Estimated monthly cost
$3,021

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

One-time closing costs

Ontario land transfer tax
$6,175
Estimated closing costs
$6,175

Plus your down payment of $97,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,597/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

$255,596Total interest paid
$643,596Total of all payments
Principal $388,000 Interest $255,596
YearPrincipalInterestBalance
1$8,659$17,085$379,341
2$9,052$16,692$370,290
3$9,463$16,281$360,827
4$9,892$15,852$350,935
5$10,341$15,402$340,594
6$10,811$14,933$329,783
7$11,302$14,442$318,481
8$11,815$13,929$306,666
9$12,351$13,392$294,314
10$12,912$12,832$281,402
11$13,498$12,245$267,904
12$14,111$11,632$253,792
13$14,752$10,992$239,040
14$15,422$10,322$223,618
15$16,122$9,622$207,496
16$16,854$8,890$190,642
17$17,619$8,124$173,023
18$18,419$7,324$154,604
19$19,256$6,488$135,348
20$20,130$5,614$115,218
21$21,044$4,700$94,174
22$21,999$3,744$72,175
23$22,998$2,746$49,177
24$24,042$1,701$25,134
25$25,134$610$0

At the end of your 5-year term

Total paid over the term
$128,719
Principal paid down
$47,406
Interest paid
$81,313
Balance remaining
$340,594

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$1,700/mo
$20,400Gross annual rent
1.5%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.

4.2%
Gross yield
− Property tax $2,857− Condo fees $7,651− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,048

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

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