1806-50 Upper Mall Way, Vaughan, ON

Brownridge, Vaughan · MLS® N13821956

$419,000
For Sale
Listed 26 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
0-499Sq ft

About this home

In short

  • Enjoy The Convenience Of Living At Promenade Park Towers, Ideally Located In The Heart Of Thornhill With Direct Indoor Access To Promenade Mall And The YRT Transit Hub.
  • This Bright One-Bedroom Suite Features 9-Ft Ceilings, An Open And Functional Layout, And A Private Balcony With Beautiful West-Facing Sunset Views.
  • Shops, Restaurants, Schools, Theatres, Parks And Everyday Essentials Are All Just Steps Away, While Highway 407 And Major Routes Are Nearby For Easy Commuting.
  • Residents Enjoy Excellent Building Amenities Including A State-Of-The-Art Fitness Centre, Yoga Studio, Rooftop Terrace And 24-Hour Concierge.

Enjoy The Convenience Of Living At Promenade Park Towers, Ideally Located In The Heart Of Thornhill With Direct Indoor Access To Promenade Mall And The YRT Transit Hub. This Bright One-Bedroom Suite Features 9-Ft Ceilings, An Open And Functional Layout, And A Private Balcony With Beautiful West-Facing Sunset Views. The Modern Kitchen Is Equipped With Built-In Stainless Steel Appliances And Seamlessly Connects To The Living Space. Shops, Restaurants, Schools, Theatres, Parks And Everyday Essentials Are All Just Steps Away, While Highway 407 And Major Routes Are Nearby For Easy Commuting. Residents Enjoy Excellent Building Amenities Including A State-Of-The-Art Fitness Centre, Yoga Studio, Rooftop Terrace And 24-Hour Concierge. A Perfect Combination Of Comfort, Convenience And Urban Living In One Of Thornhill's Most Connected Communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13821956
Bedrooms
1
Bathrooms
1
Size
0-499 sq ft
Cross streets
Bathurst and Centre
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$323/mo
Exposure
North West
Days on market
26
Listing brokerage
BAY STREET GROUP INC.

Rooms

Living RoomFlat5.94 × 3.05 m

w/o to balcony · laminate · large window

KitchenFlat5.94 × 4.06 m

b/i appliances · combined w/dining · stainless steel appl

BedroomFlat2.87 × 3.35 m

closet · laminate · large window

Dining RoomFlat5.94 × 4.06 m

combined w/kitchen · laminate · combined w/living

Our TakeTeam Asgarian · Broker
A discount is typical here
$401Klikely sale price

Listed at $419,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $401K, typically $378K to $434K. Comparable closings on their own put this home around $354K, about 16% below the ask.

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$378KBelow recent closings$434KAbove recent closings

Total price vs nearby homes. Likely closing about $401K, 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
26days on market so far
$1,541/moest. rent · 47 leases
4.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.5 months of inventory: 21 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 $1,679/sqft against an area asking average of $772/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.

Read this with carewhy it’s an estimate, not an appraisal

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

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
$464kavg 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 $354K, which is where my estimate comes from.

Per square foot, these ask about $1,001/sqft; this home lists at $1,679/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
419kThis home419k434k439k490k539kThis 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
$1,910/mo
$91KIncome needed
4.6×Price ÷ income
$441Weekly cost
$4,855Land 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.

77%mortgage
Mortgage $1,910Estimated property tax $262Condo fee $323Total carry $2,495

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)
$1,853per month

Mortgage amount $335,200 · 4.49% over 25 years

$83,800Down payment (20.0%)
$335,200Loan before insurance
$0CMHC premium
$2,438Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,853
Estimated property tax
$262
Condo / maintenance fees
$323
Heating
$0
Estimated monthly cost
$2,438

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

One-time closing costs

Ontario land transfer tax
$4,855
Estimated closing costs
$4,855

Plus your down payment of $83,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,243/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

$220,813Total interest paid
$556,013Total of all payments
Principal $335,200 Interest $220,813
YearPrincipalInterestBalance
1$7,480$14,760$327,720
2$7,820$14,421$319,900
3$8,175$14,066$311,725
4$8,546$13,694$303,179
5$8,934$13,306$294,245
6$9,340$12,901$284,905
7$9,764$12,477$275,141
8$10,207$12,033$264,934
9$10,671$11,570$254,263
10$11,155$11,085$243,108
11$11,662$10,579$231,447
12$12,191$10,049$219,256
13$12,745$9,496$206,511
14$13,323$8,917$193,188
15$13,928$8,312$179,260
16$14,561$7,680$164,699
17$15,222$7,019$149,478
18$15,913$6,328$133,565
19$16,635$5,605$116,929
20$17,391$4,850$99,539
21$18,180$4,060$81,359
22$19,006$3,235$62,353
23$19,869$2,372$42,484
24$20,771$1,470$21,714
25$21,714$527$0

At the end of your 5-year term

Total paid over the term
$111,203
Principal paid down
$40,955
Interest paid
$70,247
Balance remaining
$294,245

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 47 whole-home leases in Brownridge$1,541/mo
$18,492Gross annual rent
2.2%Cap rate after taxes and upkeep
$1,464 to $1,618Typical 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 47 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 $1,541. 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.

4.4%
Gross yield
− Property tax $2,933− Condo fees $3,879− Insurance $600− Vacancy & upkeep $2,034Net operating income $9,046

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.

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