5901-950 Portage Parkway, Vaughan, ON

Vaughan Corporate Centre, Vaughan · MLS® N13823828

$409,000
For Sale
Listed 25 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Not many units in the building sit this high.
  • From the 59th floor, the north-facing views are wide open and unobstructed, and the large private balcony lets you take it all in from outside - a real standout...
  • You're in the heart of the Vaughan Metropolitan Centre, steps from the subway and right on top of transit connecting straight into the city, yet 59 floors up keeps...

Not many units in the building sit this high. From the 59th floor, the north-facing views are wide open and unobstructed, and the large private balcony lets you take it all in from outside - a real standout feature at this height. Inside, the layout works well for everyday living. The kitchen, dining, and living area form one large, open space, with floor-to-ceiling windows pulling natural light in throughout the day. A good-sized bathroom and enclosed den round things out, giving you flexible space for a home office or extra storage. You're in the heart of the Vaughan Metropolitan Centre, steps from the subway and right on top of transit connecting straight into the city, yet 59 floors up keeps you well above the noise. VMC continues to grow with new shops, restaurants, and offices arriving, plus quick access to Vaughan Mills, York University, and the highways. Book a showing and see the view for yourself.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13823828
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Portage Pkwy & Millway Ave
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$440/mo
Exposure
North
Property tax
$2,381 / 2025
Days on market
25
Listing brokerage
RE/MAX PREMIER INC.

Rooms

Dining RoomFlat3.48 × 3.31 m

open concept · combined w/kitchen · laminate

Living RoomFlat3.32 × 3.02 m

open concept · w/o to balcony · laminate

KitchenFlat3.48 × 3.31 m

b/i appliances · quartz counter · open concept

BedroomFlat3.17 × 2.97 m

4 pc bath · north view · large closet

DenFlat2.38 × 1.67 m

separate room · laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$400Klikely sale price

Listed at $409,000. Going by how homes in Vaughan Corporate Centre and the wider GTA have actually closed against their asking prices (about 98%, 28 local closings in 90 days), the likely sale price is near $400K, if it sells. A realistic range is $377K to $433K.

Independent value check: $396K. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $369K and $416K).

Why $396K. The typical condo sold in Vaughan Corporate Centre over the past year went for about $475K (125 sales). What sets this one apart:

  • ▼ Lowers itIt is 500 to 599 sq ft; the typical home sold here is 600 to 699.
  • ▼ Lowers it0 garage and 0 total parking spaces, against 1 and 1 typically.
  • ▼ Lowers it1+1 bedrooms and 1 baths, against 1+1 and 2 typically.
List price
$377KBelow recent closings$433KAbove recent closings

Total price vs nearby homes. Likely closing about $400K, from 28 recent closings in this pocket.

The market behind the math:

28sold nearby · 90 days
$420Kmedian sold price
96%of asking, on average
−21%prices vs a year ago
~36 dayshomes like this take to sell
25days on market so far
$1,975/moest. rent · 26 leases
5.8%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.6 months of inventory: 52 condo apartment homes for sale in the area against 28 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 $744/sqft against an area asking average of $802/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 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $390K. Condition and finishes remain an in-person call.

Based on 22 homes sold in this building over the past two years, from 287 closings in Vaughan Corporate Centre.

What sellers nearby are askingCurrently listed nearby in Vaughan Corporate Centre · asking prices
$452kavg 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 $800/sqft; this home lists at $744/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
409kThis home425k399k470k470k495kThis home vs active comparables

Sold price trend

Median sold price for condos in Vaughan Corporate Centre: $448K in September 2026, down 3% from a year ago, on 127 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.

Month by month
MonthMedian soldClosings
October 2025$507K12
November 2025$442K11
December 2025$400K5
January 2026$497K16
February 2026$465K5
March 2026$480K12
April 2026$511K8
May 2026$455K12
June 2026$500K21
July 2026$470K8
August 2026$395K5
September 2026$448K12

Neighbourhood & location

Vaughan Corporate Centre, 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.

Concord
$563K
Vellore Village
$524K
Maple
$600K
West Woodbridge
$745K
Brownridge
$557K

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
$1,864/mo
$89KIncome needed
4.6×Price ÷ income
$430Weekly cost
$4,655Land 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.

74%mortgage
Mortgage $1,864Property tax $198Condo fee $440Total carry $2,502

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)
$1,809per month

Mortgage amount $327,200 · 4.49% over 25 years

$81,800Down payment (20.0%)
$327,200Loan before insurance
$0CMHC premium
$2,448Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,809
Property tax
$198
Condo / maintenance fees
$440
Heating
$0
Estimated monthly cost
$2,448

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

One-time closing costs

Ontario land transfer tax
$4,655
Estimated closing costs
$4,655

Plus your down payment of $81,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,190/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

$215,543Total interest paid
$542,743Total of all payments
Principal $327,200 Interest $215,543
YearPrincipalInterestBalance
1$7,302$14,408$319,898
2$7,633$14,077$312,265
3$7,980$13,730$304,285
4$8,342$13,368$295,943
5$8,721$12,989$287,222
6$9,117$12,593$278,105
7$9,531$12,179$268,575
8$9,964$11,746$258,611
9$10,416$11,294$248,195
10$10,889$10,821$237,306
11$11,383$10,326$225,923
12$11,900$9,810$214,023
13$12,440$9,269$201,582
14$13,005$8,704$188,577
15$13,596$8,114$174,981
16$14,213$7,497$160,768
17$14,858$6,851$145,910
18$15,533$6,177$130,377
19$16,238$5,471$114,139
20$16,976$4,734$97,163
21$17,746$3,963$79,417
22$18,552$3,158$60,865
23$19,394$2,315$41,471
24$20,275$1,435$21,196
25$21,196$514$0

At the end of your 5-year term

Total paid over the term
$108,549
Principal paid down
$39,978
Interest paid
$68,571
Balance remaining
$287,222

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 26 whole-home leases in Vaughan Corporate Centre$1,975/mo
$23,700Gross annual rent
3.1%Cap rate after taxes and upkeep
$1,876 to $2,100Typical rent range
~19 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 26 whole-home leases in Vaughan Corporate Centre signed at a median of $2,200 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $1,975. 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.

5.8%
Gross yield
− Property tax $2,381− Condo fees $5,276− Insurance $600− Vacancy & upkeep $2,607Net operating income $12,836

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

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