214-33 Wallace Street, Vaughan, ON

West Woodbridge, Vaughan · MLS® N13763858

$699,900
For Sale
Listed 39 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to 33 Wallace Street, one of Woodbridge's finest low-rise boutique buildings.
  • This fabulous suite features a free-flowing and functional open-concept layout, with a spacious living and dining area and two very generous bedrooms.
  • Smooth 9-foot ceilings throughout.
  • Enjoy the beautifully renovated lobby and hallways, along with an unbeatable location.

Welcome to 33 Wallace Street, one of Woodbridge's finest low-rise boutique buildings! This fabulous suite features a free-flowing and functional open-concept layout, with a spacious living and dining area and two very generous bedrooms. The primary bedroom offers a double closet and a walkout to the balcony. Smooth 9-foot ceilings throughout. The suite also features a versatile den, perfect for a home office or additional living space. Enjoy the beautifully renovated lobby and hallways, along with an unbeatable location. Just a two-minute walk to Cataldi Grocery Store and steps from mature walking trails, this home is located right in the heart of Market Lane-perfect for enjoying a daily stroll in a vibrant and welcoming neighbourhood.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13763858
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Woodbridge Ave & Wallace St.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$800/mo
Exposure
West
Property tax
$2,682 / 2026
Days on market
39
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

KitchenMain3.35 × 2.71 m

ceramic floor · ceramic backsplash · b/i dishwasher

Dining RoomMain3.15 × 2.55 m

laminate · open concept · moulded ceiling

Bedroom 2Main4.36 × 3.24 m

laminate · closet · window floor to ceiling

Living RoomMain4.11 × 3.23 m

laminate · w/o to balcony · moulded ceiling

Primary BedroomMain5.55 × 3.01 m

3 pc ensuite · double closet · w/o to balcony

DenMain3.85 × 2.75 m

laminate · open concept · moulded ceiling

Our TakeTeam Asgarian · Broker
A small discount is typical
$678Klikely sale price

Listed at $699,900. Going by how homes in West Woodbridge and the wider GTA have actually closed against their asking prices (about 97%, 9 local closings in 90 days), the likely sale price is near $678K, if it sells. A realistic range is $639K to $734K.

Independent value check: $684K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $636K and $718K).

Why $684K. The typical condo sold in West Woodbridge over the past year went for about $733K (38 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,682 a year; the typical home sold here pays about $3,000.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$639KBelow recent closings$734KAbove recent closings

Total price vs nearby homes. Likely closing about $678K, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$791Kmedian sold price
97%of asking, on average
+20%prices vs a year ago
~31 dayshomes like this take to sell
39days on market so far
$3,079/moest. rent · 37 leases
5.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.7 months of inventory: 8 condo apartment homes for sale in the area against 9 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 $637/sqft against an area asking average of $746/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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $759K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 7 homes sold in this building over the past two years, from 76 closings in West Woodbridge.

Sold price trend

Median sold price for condos in Vaughan: $505K in September 2026, down 4% from a year ago, on 795 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. Vaughan as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$570K71
November 2025$565K67
December 2025$538K50
January 2026$520K49
February 2026$575K54
March 2026$538K72
April 2026$525K62
May 2026$552K79
June 2026$547K92
July 2026$570K73
August 2026$523K64
September 2026$505K62

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
$493K
Concord
$563K
Vellore Village
$524K
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
$3,190/mo
$147KIncome needed
4.8×Price ÷ income
$736Weekly cost
$10,473Land 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 $3,190Property tax $224Condo fee $800Total carry $4,214

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,096per month

Mortgage amount $559,920 · 4.49% over 25 years

$139,980Down payment (20.0%)
$559,920Loan before insurance
$0CMHC premium
$4,119Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,096
Property tax
$224
Condo / maintenance fees
$800
Heating
$0
Estimated monthly cost
$4,119

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

One-time closing costs

Ontario land transfer tax
$10,473
Estimated closing costs
$10,473

Plus your down payment of $139,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,747/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

$368,848Total interest paid
$928,768Total of all payments
Principal $559,920 Interest $368,848
YearPrincipalInterestBalance
1$12,495$24,656$547,425
2$13,062$24,088$534,363
3$13,655$23,495$520,707
4$14,275$22,875$506,432
5$14,924$22,227$491,508
6$15,601$21,550$475,907
7$16,310$20,841$459,597
8$17,050$20,101$442,547
9$17,824$19,327$424,723
10$18,634$18,517$406,090
11$19,480$17,671$386,610
12$20,364$16,787$366,246
13$21,289$15,862$344,957
14$22,255$14,896$322,702
15$23,266$13,885$299,437
16$24,322$12,829$275,114
17$25,426$11,724$249,688
18$26,581$10,570$223,107
19$27,788$9,363$195,320
20$29,049$8,101$166,270
21$30,368$6,782$135,902
22$31,747$5,404$104,155
23$33,189$3,962$70,966
24$34,695$2,455$36,271
25$36,271$880$0

At the end of your 5-year term

Total paid over the term
$185,754
Principal paid down
$68,412
Interest paid
$117,342
Balance remaining
$491,508

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 37 whole-home leases in West Woodbridge$3,079/mo
$36,948Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,925 to $3,233Typical rent range
~27 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 37 whole-home leases in West Woodbridge signed at a median of $2,645 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,079. 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.

5.3%
Gross yield
− Property tax $2,682− Condo fees $9,604− Insurance $600− Vacancy & upkeep $4,064Net operating income $19,998

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

CallRequest a showing