509-281 Woodbridge Avenue, Vaughan, ON

West Woodbridge, Vaughan · MLS® N13752182

$799,900
For Sale
Listed 42 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
2Garage
900-999Sq ft

About this home

In short

  • Welcome to this stunning and spacious 2-bedroom, 2-bathroom residence with 2-parking spaces in the highly sought-after Market Lane community.
  • The bright open-concept versatile living space features 9-foot ceilings, floor-to-ceiling windows and an abundance of natural light throughout.
  • The spacious primary bedroom features a walk-in closet with built-in organizers and a luxurious five-piece ensuite.

Welcome to this stunning and spacious 2-bedroom, 2-bathroom residence with 2-parking spaces in the highly sought-after Market Lane community. The bright open-concept versatile living space features 9-foot ceilings, floor-to-ceiling windows and an abundance of natural light throughout. The modern kitchen is finished with granite countertops and overlooks the breakfast bar and a flexible bonus area that could be used as a den, home office, sitting area or additional dining space. The open living and dining areas are ideal for entertaining and extend to a large balcony overlooking the beautiful, peaceful courtyard. Accessible from both the living room and the primary bedroom, the balcony provides generous outdoor living space and includes a convenient gas barbecue hookup. The spacious primary bedroom features a walk-in closet with built-in organizers and a luxurious five-piece ensuite. The second bedroom offers a double closet with organizers and is conveniently located near the second full bathroom. Additional highlights include ensuite laundry with a utility sink and storage, ample indoor and outdoor living space, and two parking spaces. Residents enjoy excellent building amenities, including a concierge, fitness centre, party room, guest suites and visitor parking. Located just steps from the shops, grocery stores, parks and restaurants of Market Lane, with convenient access to public transit and major highways, this exceptional condo offers a rare combination of space, flexibility, outdoor living and an unbeatable location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13752182
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
900-999 sq ft
Cross streets
Woodbridge Ave / Kipling Ave
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$865/mo
Exposure
East
Property tax
$3,289 / 2026
Days on market
42
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Dining RoomFlat3.12 × 3.18 m

crown moulding · open concept

BreakfastFlat2.68 × 2.14 m

crown moulding · breakfast bar

FoyerFlat1.55 × 1.32 m

crown moulding · closet

Primary BedroomFlat4.95 × 3.05 m

walk-in closet(s) · 5 pc ensuite · w/o to balcony

Bedroom 2Flat4.17 × 2.92 m

closet organizers · crown moulding · large window

Living RoomFlat4.17 × 3.15 m

crown moulding · w/o to balcony

KitchenFlat2.66 × 2.68 m

granite counters · stainless steel appl

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 West Woodbridge · asking prices
$787kavg 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 $782/sqft; this home lists at $842/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
800kThis home828k789k700k768k849kThis home vs active comparables

Neighbourhood & location

West Woodbridge, 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.

Vaughan Corporate Centre
$481K
Concord
$563K
Vellore Village
$500K
Maple
$600K
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
$3,646/mo
$167KIncome needed
4.8×Price ÷ income
$841Weekly cost
$12,473Land 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.

76%mortgage
Mortgage $3,646Property tax $274Condo fee $865Total carry $4,784

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%
$
%
4.49%
%
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)
$3,538per month

Mortgage amount $639,920 · 4.49% over 25 years

$159,980Down payment (20.0%)
$639,920Loan before insurance
$0CMHC premium
$4,677Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,538
Property tax
$274
Condo / maintenance fees
$865
Heating
$0
Estimated monthly cost
$4,677

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

One-time closing costs

Ontario land transfer tax
$12,473
Estimated closing costs
$12,473

Plus your down payment of $159,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,282/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

$421,548Total interest paid
$1,061,468Total of all payments
Principal $639,920 Interest $421,548
YearPrincipalInterestBalance
1$14,280$28,178$625,640
2$14,929$27,530$610,711
3$15,606$26,852$595,105
4$16,315$26,144$578,789
5$17,056$25,403$561,734
6$17,830$24,628$543,903
7$18,640$23,819$525,263
8$19,486$22,973$505,777
9$20,371$22,088$485,406
10$21,296$21,163$464,111
11$22,263$20,196$441,848
12$23,274$19,185$418,574
13$24,330$18,128$394,244
14$25,435$17,024$368,809
15$26,590$15,869$342,219
16$27,797$14,662$314,422
17$29,059$13,400$285,363
18$30,379$12,080$254,984
19$31,758$10,701$223,226
20$33,200$9,259$190,027
21$34,707$7,751$155,319
22$36,283$6,176$119,036
23$37,930$4,528$81,106
24$39,653$2,806$41,453
25$41,453$1,006$0

At the end of your 5-year term

Total paid over the term
$212,294
Principal paid down
$78,186
Interest paid
$134,107
Balance remaining
$561,734

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$3,050/mo
$36,600Gross annual rent
2.3%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 $3,289− Condo fees $10,377− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,308

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

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