514-3600 Highway 7, Vaughan, ON

Vaughan Corporate Centre, Vaughan · MLS® N13778574

$429,000
For Sale
Listed 35 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Welcome to Centro Square Condominiums, located in the heart of Woodbridge! This bright and well-appointed 1-bedroom, 1-bathroom suite offers a functional open-concept...
  • Residents of Centro Square enjoy an impressive range of resort-style amenities, including 24-hour concierge and security, indoor swimming pool, saunas, fully equipped...

**Welcome to Centro Square Condominiums, located in the heart of Woodbridge!** This bright and well-appointed 1-bedroom, 1-bathroom suite offers a functional open-concept layout designed for comfortable modern living. The spacious living and dining area provides a welcoming space for relaxing or entertaining, while large windows bring in plenty of natural light. The modern kitchen offers a practical layout with quality finishes and ample cabinetry, making everyday cooking convenient. The generously sized bedroom provides a comfortable retreat, complemented by a well-maintained bathroom and excellent overall storage. Enjoy the convenience of **one dedicated storage locker located on the same level as the unit**, along with **one garage parking space included**. Residents of Centro Square enjoy an impressive range of resort-style amenities, including **24-hour concierge and security, indoor swimming pool, saunas, fully equipped fitness centre, yoga studio, party/meeting room, guest suites, and a beautifully landscaped rooftop terrace with BBQ facilities.**Ideally situated in the heart of Woodbridge, you're just steps from shopping, restaurants, cafés, and everyday conveniences, with easy access to public transit and major highways including **Highways 400,407, and 7**. A fantastic opportunity for first-time buyers, professionals, downsizers, or investors looking to own in one of Vaughan's highly convenient and sought-after communities. *For Additional Property Details Click The Brochure Icon Below*

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13778574
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Highway 7 & Weston
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$490/mo
Exposure
East
Property tax
$2,045 / 2026
Days on market
35
Listing brokerage
ICI SOURCE REAL ASSET SERVICES INC.

Rooms

Living RoomFlat3.96 × 3.05 m
BedroomFlat3.96 × 3.05 m
KitchenFlat2.13 × 3.05 m
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

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
West Woodbridge
$745K
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
$1,955/mo
$93KIncome needed
4.6×Price ÷ income
$451Weekly cost
$5,055Land 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.

75%mortgage
Mortgage $1,955Property tax $170Condo fee $490Total carry $2,616

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)
$1,898per month

Mortgage amount $343,200 · 4.49% over 25 years

$85,800Down payment (20.0%)
$343,200Loan before insurance
$0CMHC premium
$2,558Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,898
Property tax
$170
Condo / maintenance fees
$490
Heating
$0
Estimated monthly cost
$2,558

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

One-time closing costs

Ontario land transfer tax
$5,055
Estimated closing costs
$5,055

Plus your down payment of $85,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,297/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

$226,084Total interest paid
$569,284Total of all payments
Principal $343,200 Interest $226,084
YearPrincipalInterestBalance
1$7,659$15,113$335,541
2$8,007$14,765$327,535
3$8,370$14,401$319,165
4$8,750$14,021$310,415
5$9,147$13,624$301,267
6$9,563$13,209$291,705
7$9,997$12,774$281,708
8$10,451$12,321$271,257
9$10,925$11,846$260,332
10$11,421$11,350$248,910
11$11,940$10,831$236,971
12$12,482$10,289$224,489
13$13,049$9,723$211,440
14$13,641$9,130$197,799
15$14,261$8,511$183,538
16$14,908$7,863$168,630
17$15,585$7,186$153,045
18$16,293$6,479$136,752
19$17,032$5,739$119,720
20$17,806$4,966$101,915
21$18,614$4,157$83,300
22$19,459$3,312$63,841
23$20,343$2,429$43,498
24$21,266$1,505$22,232
25$22,232$539$0

At the end of your 5-year term

Total paid over the term
$113,857
Principal paid down
$41,933
Interest paid
$71,924
Balance remaining
$301,267

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$1,700/mo
$20,400Gross annual rent
2.2%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.

4.8%
Gross yield
− Property tax $2,045− Condo fees $5,880− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,631

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ICI SOURCE REAL ASSET SERVICES INC.. MLS®/PropTx.

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