807-950 Portage Parkway, Vaughan, ON

Vaughan Corporate Centre, Vaughan · MLS® N13772772

$425,000
For Sale
Listed 38 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Welcome to Transit City 3 in the heart of Vaughan Metropolitan Centre.
  • This thoughtfully designed 1+Den suite offers approximately 590 sq. ft. of well-planned interior living space plus a generous 110 sq. ft. balcony.
  • The functional layout maximizes every inch, featuring 9-ft ceilings, floor-to-ceiling windows, bright north-facing exposure, quartz countertops, and sleek built-in...
  • Easy access to Highways 400, 407, and 401.
  • Residents enjoy an exceptional lifestyle with outstanding building amenities, including a party room and 24-hour concierge service.

Welcome to Transit City 3 in the heart of Vaughan Metropolitan Centre! This thoughtfully designed 1+Den suite offers approximately 590 sq. ft. of well-planned interior living space plus a generous 110 sq. ft. balcony. The functional layout maximizes every inch, featuring 9-ft ceilings, floor-to-ceiling windows, bright north-facing exposure, quartz countertops, and sleek built-in appliances. The spacious primary bedroom offers abundant natural light and a convenient closet, while the versatile den provides the perfect space for a home office or additional living needs. Enjoy breathtaking, unobstructed city views from the oversized balcony-ideal for morning coffee, relaxing, or entertaining. Perfectly positioned for commuters, with the Vaughan Metropolitan Centre subway station and bus terminal just steps away, providing convenient access to downtown Toronto and beyond. Surrounded by the YMCA, shopping, restaurants, York University, and everyday conveniences. Easy access to Highways 400, 407, and 401. Walmart, IKEA, and Costco are all nearby, with Walmart and IKEA conveniently within walking distance. Residents enjoy an exceptional lifestyle with outstanding building amenities, including a party room and 24-hour concierge service. A fantastic opportunity for first-time buyers, professionals, investors, or anyone seeking modern urban living in one of Vaughan's most connected locations. Some pictures are AI generated.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13772772
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
JANE ST & HWY 7
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$417/mo
Exposure
North
Property tax
$2,360 / 2025
Days on market
38
Listing brokerage
CENTURY 21 GREEN REALTY INC.

Rooms

Living RoomFlat3.08 × 3.66 m

w/o to terrace · vinyl floor

BedroomFlat2.77 × 3.23 m

b/i closet · vinyl floor · window

KitchenFlat3.08 × 4.57 m

Vinyl Floor

BathroomFlat2.38 × 1.52 m

Soaking Tub

Our TakeTeam Asgarian · Broker
A small discount is typical
$416Klikely sale price

Listed at $425,000. Going by how homes in Vaughan Corporate Centre and the wider GTA have actually closed against their asking prices (about 98%, 28 local closings in 90 days), the likely sale price is near $416K, if it sells. A realistic range is $391K to $450K.

Independent value check: $395K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $368K and $416K).

Why $395K. The typical condo sold in Vaughan Corporate Centre over the past year went for about $475K (125 sales). What sets this one apart:

  • ▼ Lowers itIt is 500 to 599 sq ft; the typical home sold here is 600 to 699.
  • ▼ Lowers it0 garage and 0 total parking spaces, against 1 and 1 typically.
  • ▼ Lowers it1+1 bedrooms and 1 baths, against 1+1 and 2 typically.
List price
$391KBelow recent closings$450KAbove recent closings

Total price vs nearby homes. Likely closing about $416K, from 28 recent closings in this pocket.

The market behind the math:

28sold nearby · 90 days
$420Kmedian sold price
96%of asking, on average
−21%prices vs a year ago
~36 dayshomes like this take to sell
38days on market so far
$1,975/moest. rent · 26 leases
5.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.6 months of inventory: 52 condo apartment homes for sale in the area against 28 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 $773/sqft against an area asking average of $801/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 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $402K. Condition and finishes remain an in-person call.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($773/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 22 homes sold in this building over the past two years, from 287 closings in Vaughan Corporate Centre.

What sellers nearby are askingCurrently listed nearby in Vaughan Corporate Centre · asking prices
$449kavg 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 $794/sqft; this home lists at $773/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
425kThis home409k470k470k495k399kThis home vs active comparables

Sold price trend

Median sold price for condos in Vaughan Corporate Centre: $448K in September 2026, down 3% from a year ago, on 127 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.

Month by month
MonthMedian soldClosings
October 2025$507K12
November 2025$442K11
December 2025$400K5
January 2026$497K16
February 2026$465K5
March 2026$480K12
April 2026$511K8
May 2026$455K12
June 2026$500K21
July 2026$470K8
August 2026$395K5
September 2026$448K12

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
$1,937/mo
$92KIncome needed
4.6×Price ÷ income
$447Weekly cost
$4,975Land 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 $1,937Property tax $197Condo fee $417Total carry $2,551

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)
$1,880per month

Mortgage amount $340,000 · 4.49% over 25 years

$85,000Down payment (20.0%)
$340,000Loan before insurance
$0CMHC premium
$2,494Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,880
Property tax
$197
Condo / maintenance fees
$417
Heating
$0
Estimated monthly cost
$2,494

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

One-time closing costs

Ontario land transfer tax
$4,975
Estimated closing costs
$4,975

Plus your down payment of $85,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,275/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

$223,976Total interest paid
$563,976Total of all payments
Principal $340,000 Interest $223,976
YearPrincipalInterestBalance
1$7,587$14,972$332,413
2$7,932$14,627$324,481
3$8,292$14,267$316,189
4$8,668$13,891$307,520
5$9,062$13,497$298,458
6$9,474$13,086$288,985
7$9,904$12,655$279,081
8$10,353$12,206$268,728
9$10,823$11,736$257,904
10$11,315$11,244$246,590
11$11,829$10,730$234,761
12$12,366$10,193$222,395
13$12,927$9,632$209,468
14$13,514$9,045$195,954
15$14,128$8,431$181,827
16$14,769$7,790$167,058
17$15,440$7,119$151,618
18$16,141$6,418$135,477
19$16,873$5,686$118,604
20$17,640$4,919$100,964
21$18,441$4,118$82,524
22$19,278$3,281$63,246
23$20,153$2,406$43,093
24$21,068$1,491$22,025
25$22,025$534$0

At the end of your 5-year term

Total paid over the term
$112,795
Principal paid down
$41,542
Interest paid
$71,253
Balance remaining
$298,458

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 26 whole-home leases in Vaughan Corporate Centre$1,975/mo
$23,700Gross annual rent
3.1%Cap rate after taxes and upkeep
$1,876 to $2,100Typical rent range
~19 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 26 whole-home leases in Vaughan Corporate Centre signed at a median of $2,200 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $1,975. 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.

5.6%
Gross yield
− Property tax $2,360− Condo fees $5,004− Insurance $600− Vacancy & upkeep $2,607Net operating income $13,129

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 GREEN REALTY INC.. MLS®/PropTx.

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