5615-950 Portage Parkway, Vaughan, ON

Vaughan Corporate Centre, Vaughan · MLS® N13736618

$530,000
For Sale
Listed 47 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Bright 2-Bedroom Suite with Unobstructed Views in Vaughan Metropolitan Centre.
  • Enjoy 9-foot smooth ceilings and a seamless living and dining space that opens to a generous balcony with sweeping city views - perfect for relaxing or entertaining.
  • The primary bedroom includes its own private ensuite, while the second bedroom offers flexibility for guests, family, or a home office.
  • Easy access to Highways 400, 407, and 7 makes commuting effortless.

Bright 2-Bedroom Suite with Unobstructed Views in Vaughan Metropolitan Centre! Welcome to this beautifully maintained condo offering a smart, open layout and an abundance of natural light through floor-to-ceiling windows. Enjoy 9-foot smooth ceilings and a seamless living and dining space that opens to a generous balcony with sweeping city views - perfect for relaxing or entertaining. The modern kitchen features sleek built-in appliances, stone countertops, and clean cabinetry, creating a functional and stylish cooking space. Durable laminate flooring runs throughout, enhancing the contemporary feel of the home. The primary bedroom includes its own private ensuite, while the second bedroom offers flexibility for guests, family, or a home office. Located in the heart of Vaughan Metropolitan Centre, this home offers unmatched convenience with subway access and a major transit hub just steps away. Residents benefit from access to a state-of-the-art YMCA facility, including fitness, aquatic, and community spaces, along with a multi-level library nearby. Easy access to Highways 400, 407, and 7 makes commuting effortless. Surrounded by shops, dining, and everyday essentials, this is a fantastic opportunity to own a bright, modern home in one of Vaughan's fastest-growing urban communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13736618
Bedrooms
2
Bathrooms
2
Size
600-699 sq ft
Cross streets
Jane & Highway 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Roof
Flat
Maintenance
$423/mo
Exposure
North West
Property tax
$2,528 / 2026
Days on market
47
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Living RoomFlat6.10 × 2.77 m

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

Primary BedroomFlat3.47 × 3.08 m

large window · 3 pc bath · laminate

Dining RoomFlat6.10 × 2.77 m

open concept · laminate · combined w/kitchen

BedroomFlat2.74 × 2.41 m

2 pc ensuite · laminate

KitchenFlat6.10 × 2.77 m

laminate · b/i appliances · modern kitchen

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
$529kavg 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 $815/sqft; this home lists at $816/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
530kThis home539k539k520k550k499kThis 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
$2,416/mo
$110KIncome needed
4.8×Price ÷ income
$557Weekly cost
$7,075Land 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.

79%mortgage
Mortgage $2,416Property tax $211Condo fee $423Total carry $3,049

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)
$2,344per month

Mortgage amount $424,000 · 4.49% over 25 years

$106,000Down payment (20.0%)
$424,000Loan before insurance
$0CMHC premium
$2,978Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$211
Condo / maintenance fees
$423
Heating
$0
Estimated monthly cost
$2,978

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

One-time closing costs

Ontario land transfer tax
$7,075
Estimated closing costs
$7,075

Plus your down payment of $106,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,837/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

$279,311Total interest paid
$703,311Total of all payments
Principal $424,000 Interest $279,311
YearPrincipalInterestBalance
1$9,462$18,671$414,538
2$9,891$18,241$404,647
3$10,341$17,792$394,306
4$10,810$17,322$383,496
5$11,301$16,832$372,195
6$11,814$16,318$360,381
7$12,350$15,782$348,031
8$12,911$15,221$335,119
9$13,497$14,635$321,622
10$14,110$14,022$307,512
11$14,751$13,382$292,761
12$15,421$12,712$277,340
13$16,121$12,012$261,219
14$16,853$11,280$244,367
15$17,618$10,514$226,749
16$18,418$9,715$208,331
17$19,254$8,878$189,077
18$20,128$8,004$168,948
19$21,042$7,090$147,906
20$21,998$6,135$125,908
21$22,996$5,136$102,912
22$24,041$4,092$78,871
23$25,132$3,000$53,739
24$26,273$1,859$27,466
25$27,466$666$0

At the end of your 5-year term

Total paid over the term
$140,662
Principal paid down
$51,805
Interest paid
$88,857
Balance remaining
$372,195

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
2.6%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.

4.6%
Gross yield
− Property tax $2,528− Condo fees $5,077− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,689

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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