602-18 Coles Avenue, Vaughan, ON

Vaughan Grove, Vaughan · MLS® N13807090

$499,000
For Sale
Listed 29 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Stunning 2-bedroom, 2-bathroom townhome ideally situated in the thriving City of Vaughan, one of the GTA's most sought-after communities.
  • The open-concept kitchen serves as the heart of the home, showcasing stainless steel appliances and a functional layout perfect for daily living and entertaining.
  • Offering 715 sq. ft. of thoughtfully designed living space, plus a 25 sq. ft. private balcony ideal for relaxing evenings, this home delivers both comfort and style.

Stunning 2-bedroom, 2-bathroom townhome ideally situated in the thriving City of Vaughan, one of the GTA's most sought-after communities. This beautifully designed home seamlessly blends contemporary elegance with everyday functionality. Featuring sophisticated lighting fixtures and refined finishes throughout, the residence offers a warm and inviting atmosphere. The open-concept kitchen serves as the heart of the home, showcasing stainless steel appliances and a functional layout perfect for daily living and entertaining. Offering 715 sq. ft. of thoughtfully designed living space, plus a 25 sq. ft. private balcony ideal for relaxing evenings, this home delivers both comfort and style. Complete with one underground parking space and a dedicated storage locker, it is conveniently located just moments from highly rated schools, trendy boutiques, popular restaurants, parks, transit, and everyday shopping amenities, providing the perfect blend of urban convenience and modern living.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N13807090
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
HWY 7/ Kipling Ave
Parking
1 garage (none)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$343/mo
Exposure
North
Property tax
$2,742 / 2026
Days on market
29
Listing brokerage
RE/MAX GOLD REALTY INC.
Our TakeTeam Asgarian · Broker
Below what recent sales support
$578Kautomated estimate, from recent sales

Listed at $499,000, about 14% below our estimate of $578K (homes like it typically land between $538K and $607K).

Why $578K. The typical townhouse sold in Vaughan Grove over the past year went for about $670K (17 sales). What sets this one apart:

  • ▼ Lowers it stronglyIt is 700 to 799 sq ft; the typical home sold here is 1,000 to 1,199.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,742 a year; the typical home sold here pays about $3,200.
  • ▼ Lowers it2 bedrooms and 2 baths, against 2+1 and 3 typically.
List price
$499KBelow our range$607KAbove our range

Total price vs nearby homes. Fair value about $578K, learned from recent GTA sales.

The market behind the math:

3sold nearby · 90 days
29days on market so far
$2,294/moest. rent · 24 leases
5.5%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 9 months of inventory: 9 condo townhouse homes for sale in the area against 3 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 $666/sqft against an area asking average of $677/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 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $548K. Condition and finishes remain an 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Below comparable homes on total price, yet the price per square foot ($666/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in Vaughan Grove, so I widened the search to the surrounding area.

Based on 21 comparable homes that sold in Vaughan Grove over the past two years, from 24 closings there.

What sellers nearby are askingCurrently listed nearby in Vaughan Grove · asking prices
$530kavg 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 $743/sqft; this home lists at $666/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
499kThis home600k509k480kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Vaughan: $665K in September 2026, down 6% from a year ago, on 107 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$803K9
November 2025$792K11
December 2025$775K7
January 2026$768K11
February 2026$765K8
March 2026$615K5
April 2026$792K10
May 2026$800K10
June 2026$770K13
July 2026$833K6
August 2026$743K10
September 2026$665K7

Neighbourhood & location

Vaughan Grove, 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.

West Woodbridge
$762K
East Woodbridge
$790K
Islington Woods
$649K
Sonoma Heights
$689K
Vaughan Corporate Centre
$704K

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
$2,274/mo
$104KIncome needed
4.8×Price ÷ income
$525Weekly cost
$6,455Land 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.

80%mortgage
Mortgage $2,274Property tax $229Condo fee $343Total carry $2,846

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)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$2,779Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$229
Condo / maintenance fees
$343
Heating
$0
Estimated monthly cost
$2,779

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

One-time closing costs

Ontario land transfer tax
$6,455
Estimated closing costs
$6,455

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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 24 whole-home leases in Vaughan Grove$2,294/mo
$27,528Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,179 to $2,408Typical 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 24 whole-home leases in Vaughan Grove signed at a median of $2,648 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,294. 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.

5.5%
Gross yield
− Property tax $2,742− Condo fees $4,114− Insurance $600− Vacancy & upkeep $3,028Net operating income $17,044

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

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