905-88 Promenade Circle, Vaughan, ON
Brownridge, Vaughan · MLS® N13802532
About this home
In short
- Huge Reduction outstanding new price.
- Exceptional Luxury Corner suite offering 1450 Sq Ft of spacious living space as per builders Prada Model.
- An additional 100 Sq Ft balcony with w/o from Kitchen and Dining Room to enjoy unobstructed views.
- The renovated (2022) Kitchen is both stylish and functional featuring a great amount of cabinetry and a large quartz counter top for all who enjoy cooking.
- Residents enjoy an exceptional array of building amenities including 24 hour concierge service, an indoor pool, well equipped fitness center, party room and more.
Huge Reduction outstanding new price!!! Exceptional Luxury Corner suite offering 1450 Sq Ft of spacious living space as per builders Prada Model. An additional 100 Sq Ft balcony with w/o from Kitchen and Dining Room to enjoy unobstructed views. This is a fabulous and thoughtfully designed two bedroom condominium with a versatile office which is equipped with built-in cabinets. Elegant porcelain floors flows thought out the Living Room, Dining Room, Kitchen, Office, Hall and Main Bathroom. The renovated (2022) Kitchen is both stylish and functional featuring a great amount of cabinetry and a large quartz counter top for all who enjoy cooking. Residents enjoy an exceptional array of building amenities including 24 hour concierge service, an indoor pool, well equipped fitness center, party room and more. Ideally located to transit and steps to Promenade Mall. This residence offers unmatched convenience in one of Thornhill's most desirable communities.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13802532
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 1400-1599 sq ft
- Cross streets
- Bathurst & Centre
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Foundation
- Unknown
- Roof
- Unknown
- Maintenance
- $1,188/mo
- Exposure
- South East
- Property tax
- $4,836 / 2025
- Days on market
- 3
- Listing brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Rooms
porcelain floor · crown moulding
broadloom · closet · mirrored closet
renovated · stainless steel appl · irregular room
porcelain floor · b/i shelves
combined w/living · porcelain floor · w/o to patio
3 pc ensuite · walk-in closet(s) · closet organizers
Listed at $999,000. Recent sales of homes like it put this one around $900K, so the ask is about 11% above what similar homes have sold for.
If it sells at this ask, expect about $957K, typically $939K to $989K: that is where homes here have closed against their asks in the last 90 days (20 closings).
Total price vs nearby homes. Fair value about $900K, learned from recent GTA sales.
The market behind the math:
About 2.9 months of inventory: 19 condo apartment homes for sale in the area against 20 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $666/sqft against an area asking average of $569/sqft. Size and $/sqft both feed the estimate above.
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 94 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $887K. 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
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit
Its public catchment (Brownridge PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 94 comparable homes that sold in Brownridge over the past two years, from 127 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $900K, which is where my estimate comes from.
Per square foot, these ask about $562/sqft; this home lists at $666/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesNeighbourhood & location
Brownridge, Vaughan, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 11 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $799,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,375
- Property tax
- $403
- Condo / maintenance fees
- $1,188
- Heating
- $0
- Estimated monthly cost
- $5,966
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,455
- Estimated closing costs
- $16,455
Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $262,477
- Principal paid down
- $98,815
- Interest paid
- $163,662
- Balance remaining
- $700,385
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 68 whole-home leases in Brownridge signed at a median of $3,184 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,564. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.