506-121 Woodbridge Avenue, Vaughan, ON
West Woodbridge, Vaughan · MLS® N13816026
About this home
In short
- WELCOME TO 121 WOODBRIDGE AVE - UNIT 506 SPACIOUS RENOVATED PRIME WOODBRIDGE LOCATION.
- Recently renovated areas in 2025, this impressive 2-bedroom suite combines comfort, style, and convenience.
- FEATURES INCLUDE: 1,636 sq. ft. of spacious living 2 bedrooms Cozy fireplace Beautiful buffet cabinet/pantry in the eating area Oversized kitchen cabinets with...
- 121 Woodbridge Ave, Unit 506 Come see why this could be the perfect place to call home.
WELCOME TO 121 WOODBRIDGE AVE - UNIT 506 SPACIOUS RENOVATED PRIME WOODBRIDGE LOCATION. Welcome to this beautifully renovated 1,636 condo, offering spacious living in the heart of downtown Woodbridge. Recently renovated areas in 2025, this impressive 2-bedroom suite combines comfort, style, and convenience. FEATURES INCLUDE: * 1,636 sq. ft. of spacious living * 2 bedrooms * Cozy fireplace Beautiful buffet cabinet/pantry in the eating area *Oversized kitchen cabinets with under-cabinet lighting *Kitchen pot lights *Owned tankless water heater - 2025 *Owned A/C unit - 2025 *Gas BBQ outlet on the balcony *Primary bedroom featuring a walk-in closet plus a second standard closet *Guest bathroom with a convenient heat lamp *VERY LARGE LAUNDRY ROOM WITH TUB. AMENITIES INCLUDE: * Gym *Party room *Guest suites *And more! LOCATION, LOCATION, LOCATION! Enjoy the incredible convenience of having shopping, restaurants, banks, services, and everyday amenities right at your doorstep. Experience everything that downtown Woodbridge has to offer while enjoying the comfort and space of this exceptional condominium. DON'T MISS THIS OPPORTUNITY! 121 Woodbridge Ave, Unit 506 Come see why this could be the perfect place to call home! Some furniture is for sale directly from seller.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13816026
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1600-1799 sq ft
- Cross streets
- Islington Ave./Woodbridge Ave.
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Maintenance
- $1,492/mo
- Exposure
- South
- Property tax
- $4,263 / 2026
- Days on market
- 27
- Listing brokerage
- SPECTRUM REALTY SERVICES INC.
Rooms
ceramic floor · 3 pc bath
ceramic floor · 4 pc ensuite
window · laminate
Laminate
window · walk-in closet(s) · closet
w/o to balcony · breakfast bar · pantry
laminate · pot lights · backsplash
laminate · fireplace · window
Listed at $999,999. Going by how homes in West Woodbridge and the wider GTA have actually closed against their asking prices (about 97%, 9 local closings in 90 days), the likely sale price is near $969K, if it sells. A realistic range is $913K to $1.05M.
Independent value check: $980K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $912K and $1.03M).
Why $980K. The typical condo sold in West Woodbridge over the past year went for about $733K (38 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $4,263 a year; the typical home sold here pays about $3,000.
- ▲ Raises it stronglyIt is 1,600 to 1,799 sq ft; the typical home sold here is 950 to 1,099.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises itIts maintenance fee is $1,492 a month; the typical unit sold here pays about $760.
Total price vs nearby homes. Likely closing about $969K, from 9 recent closings in this pocket.
The market behind the math:
About 3.7 months of inventory: 11 condo apartment homes for sale in the area against 9 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $588/sqft against an area asking average of $760/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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $869K. 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
- Primary suite: a key comfort and resale feature. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in West Woodbridge, so I widened the search to the surrounding area.
Based on 8 homes sold in this building over the past two years, from 76 closings in West Woodbridge.
For sale
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 $980K, which is where my estimate comes from.
Per square foot, these ask about $735/sqft; this home lists at $588/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Vaughan: $505K in September 2026, down 4% from a year ago, on 795 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $570K | 71 |
| November 2025 | $565K | 67 |
| December 2025 | $538K | 50 |
| January 2026 | $520K | 49 |
| February 2026 | $575K | 54 |
| March 2026 | $538K | 72 |
| April 2026 | $525K | 62 |
| May 2026 | $552K | 79 |
| June 2026 | $547K | 92 |
| July 2026 | $570K | 73 |
| August 2026 | $523K | 64 |
| September 2026 | $505K | 62 |
Neighbourhood & location
West Woodbridge, 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) →
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $799,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,423
- Property tax
- $355
- Condo / maintenance fees
- $1,492
- Heating
- $0
- Estimated monthly cost
- $6,271
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,475
- Estimated closing costs
- $16,475
Plus your down payment of $200,000. 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
- $265,400
- Principal paid down
- $97,745
- Interest paid
- $167,655
- Balance remaining
- $702,254
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 53 whole-home leases in West Woodbridge signed at a median of $2,560 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,568. 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 SPECTRUM REALTY SERVICES INC.. MLS®/PropTx.