3501-30 Upper Mall Way, Vaughan, ON

Brownridge, Vaughan · MLS® N13795500

$448,000
For Sale
Listed 32 days agoNo offer date stated
Request a showing
◎ Directions
1+1Bedrooms
1Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Brand new south facing in One bedroom plus den condo at Promenade Park Towers.
  • 10 ft ceilings with a modern design kitchen.
  • Nearby public transit and major highways (HWY 7, 407 and 401).
  • Amenities include Party Room, Yoga Studio, Sport Lounge, rooftop bbq area, 24 hour concierge, fitness centre, dining room, pet spa.

Brand new south facing in One bedroom plus den condo at Promenade Park Towers. Bright and open east view layout with floor to ceiling windows. 10 ft ceilings with a modern design kitchen. Direct Access to Promenade mall, restaurants, supermarkets, park, library, and theatre. Nearby public transit and major highways (HWY 7, 407 and 401). Amenities include Party Room, Yoga Studio, Sport Lounge, rooftop bbq area, 24 hour concierge, fitness centre, dining room, pet spa.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13795500
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Bathurst & Centre
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Aluminum Siding
Foundation
Concrete
Maintenance
$399/mo
Exposure
South
Days on market
32
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

DenMain2.26 × 2.23 m

Laminate

Dining RoomMain6.75 × 3.22 m

Combined w/Living

Living RoomMain6.75 × 3.22 m

Combined w/Dining

BedroomMain3.50 × 2.74 m

Laminate

Our TakeTeam Asgarian · Broker
A discount is typical here
$429Klikely sale price

Listed at $448,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $429K, typically $404K to $464K. Comparable closings on their own put this home around $498K, about 11% above the ask.

List price
$404KBelow recent closings$464KAbove recent closings

Total price vs nearby homes. Likely closing about $429K, from 25 recent closings in this pocket.

The market behind the math:

25sold nearby · 90 days
$520Kmedian sold price
94%of asking, on average
−19%prices vs a year ago
~30 dayshomes like this take to sell
32days on market so far
$2,280/moest. rent · 43 leases
6.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 9 condo apartment homes for sale in the area against 25 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 $690/sqft against an area asking average of $859/sqft.

How this estimate is builtthe short version

I take the 25 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights1 point to weigh

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

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying

Based on 10 homes sold in this building over the past two years, from 135 closings in Brownridge.

What sellers nearby are askingCurrently listed nearby in Brownridge · asking prices
$606kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $498K, which is where my estimate comes from.

Per square foot, these ask about $900/sqft; this home lists at $690/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
448kThis home540k658k589k638kThis home vs active comparables

Sold price trend

Median sold price for condos in Brownridge: $510K in September 2026, down 20% from a year ago, on 60 closings in 8 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$585K5
November 2025$810K7
December 2025$619K6
May 2026$783K10
June 2026$850K7
July 2026$710K6
August 2026$500K10
September 2026$510K9

Neighbourhood & location

Brownridge, 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.

Beverley Glen
$572K
Crestwood-Springfarm-Yorkhill
$684K
Concord
$563K
Vaughan Corporate Centre
$485K
Vellore Village
$500K

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
$2,042/mo
$98KIncome needed
4.6×Price ÷ income
$471Weekly cost
$5,435Land 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 $2,042Estimated property tax $280Condo fee $399Total carry $2,721

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)
$1,982per month

Mortgage amount $358,400 · 4.49% over 25 years

$89,600Down payment (20.0%)
$358,400Loan before insurance
$0CMHC premium
$2,661Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,982
Estimated property tax
$280
Condo / maintenance fees
$399
Heating
$0
Estimated monthly cost
$2,661

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

One-time closing costs

Ontario land transfer tax
$5,435
Estimated closing costs
$5,435

Plus your down payment of $89,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,398/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

$236,097Total interest paid
$594,497Total of all payments
Principal $358,400 Interest $236,097
YearPrincipalInterestBalance
1$7,998$15,782$350,402
2$8,361$15,419$342,041
3$8,741$15,039$333,300
4$9,138$14,642$324,163
5$9,552$14,227$314,610
6$9,986$13,794$304,624
7$10,440$13,340$294,184
8$10,914$12,866$283,271
9$11,409$12,371$271,862
10$11,927$11,853$259,934
11$12,469$11,311$247,466
12$13,035$10,745$234,431
13$13,627$10,153$220,804
14$14,245$9,535$206,559
15$14,892$8,888$191,667
16$15,568$8,212$176,098
17$16,275$7,505$159,823
18$17,014$6,766$142,809
19$17,787$5,993$125,022
20$18,594$5,186$106,428
21$19,438$4,341$86,990
22$20,321$3,459$66,669
23$21,244$2,536$45,425
24$22,208$1,572$23,217
25$23,217$563$0

At the end of your 5-year term

Total paid over the term
$118,899
Principal paid down
$43,790
Interest paid
$75,109
Balance remaining
$314,610

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 43 whole-home leases in Brownridge$2,280/mo
$27,360Gross annual rent
3.5%Cap rate after taxes and upkeep
$2,166 to $2,394Typical rent range
~23 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 43 whole-home leases in Brownridge signed at a median of $2,367 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,280. 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.

6.1%
Gross yield
− Property tax $3,136− Condo fees $4,788− Insurance $600− Vacancy & upkeep $3,010Net operating income $15,826

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

CallRequest a showing