4107-950 Portage Parkway, Vaughan, ON

Vaughan Corporate Centre, Vaughan · MLS® N13729112

$469,900
For Sale
Just listed today
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2Bedrooms
2Bathrooms
0Parking
600-699Sq Ft

About this home

Welcome to Transit City 3, where modern design meets unbeatable convenience! This bright and spacious ** 2-bedroom suite ** features soaring ceilings, floor-to-ceiling windows, and an open-concept layout that fills the home with an abundance of natural light. The contemporary kitchen is beautifully appointed with sleek cabinetry and built-in stainless steel appliances, making it perfect for both everyday living and entertaining. Enjoy an exceptional urban lifestyle in one of Vaughan's most desirable communities. Just steps to the Vaughan Metropolitan Centre Subway Station, public transit, shopping, restaurants, and everyday conveniences. Commuting is effortless with quick access to Highways ** 400 & 407 ** ,while nearby attractions including ** IKEA, Costco, Cineplex, Vaughan Mills, Canada's Wonderland ** , and ** York University ** (just one subway stop away) are all within easy reach. Plus, arrive at ** Union Station in approximately 30 minutes"" via the subway. Residents enjoy an impressive selection of world-class amenities, including a ++24-hourconcierge, fully equipped fitness centre, party room, games lounge, outdoor terrace, guest suites, and more. **Experience stylish, connected, and convenient condo living at its finest-don't miss this exceptional opportunity!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13729112
Bedrooms
2
Bathrooms
2
Size
600-699
Cross streets
Jane St. and HWY 7
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$434/mo
Exposure
South
Property tax
$2,498 / 2025
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD
Our TakeTeam Asgarian · Broker
Below comparables
$539Kest. value

Listed at $469,900, and my independent estimate is about 13% below comparable homes, worth a close look.

List price
$470KBelow asking range$598KAbove asking range

Total price vs nearby homes. Fair value about $539K, median of 32 comparables.

The market behind the math:

This home
Below area avgAbove area avg

Price per square foot: this home lists at $723/sqft against an area asking average of $811/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 32 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $469K, a bit lower.

What the listing highlights3 points to weigh

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

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • 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 32 comparable homes nearby.

What sellers nearby are askingCurrently listed nearby in Vaughan Corporate Centre · asking prices
$470kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

2006-5 Buttermill Avenue $721/sqft$468k4006-5 Buttermill Avenue $731/sqft$475k2008-5 Buttermill Avenue $737/sqft$479k2908-5 Buttermill Avenue $737/sqft$479k3715-950 Portage Parkway $693/sqft$450k

Per square foot, these ask about $724/sqft; this home lists at $723/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
470kThis home468k475k479k479k450kThis 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
$572K
Vellore Village
$552K
Lakeview Estates
$635K
Maple
$628K
West Woodbridge
$579K

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
$2,142/mo
$100KIncome needed
4.7×Price ÷ income
$494Weekly cost
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 $2,142Property tax $208Condo fee $434Total carry $2,784

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 31, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,027per month

Mortgage amount $375,920 · 4.24% over 25 years

$93,980Down payment (20.0%)
$375,920Loan before insurance
$0CMHC premium
$2,669Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,027
Property tax
$208
Condo / maintenance fees
$434
Heating
$0
Estimated monthly cost
$2,669

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

One-time closing costs

Ontario land transfer tax
$5,873
Estimated closing costs
$5,873

Plus your down payment of $93,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$2,459/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

$232,068Total interest paid
$607,988Total of all payments
Principal $375,920 Interest $232,068
YearPrincipalInterestBalance
1$8,686$15,634$367,234
2$9,058$15,262$358,177
3$9,446$14,874$348,731
4$9,851$14,469$338,880
5$10,273$14,047$328,608
6$10,713$13,607$317,895
7$11,172$13,148$306,723
8$11,651$12,669$295,072
9$12,150$12,170$282,922
10$12,670$11,649$270,252
11$13,213$11,106$257,038
12$13,780$10,540$243,259
13$14,370$9,950$228,889
14$14,986$9,334$213,903
15$15,628$8,692$198,275
16$16,298$8,022$181,978
17$16,996$7,324$164,982
18$17,724$6,595$147,258
19$18,484$5,836$128,774
20$19,276$5,044$109,498
21$20,102$4,218$89,397
22$20,963$3,357$68,434
23$21,861$2,458$46,573
24$22,798$1,522$23,775
25$23,775$545$0

At the end of your 5-year term

Total paid over the term
$121,598
Principal paid down
$47,312
Interest paid
$74,285
Balance remaining
$328,608

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
2.9%Est. cap rate

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.

5.2%
Gross yield
− Property tax $2,498− Condo fees $5,207− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,589

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.

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