242-281 Woodbridge Avenue, Vaughan, ON
West Woodbridge, Vaughan · MLS® N13823908
About this home
In short
- Welcome To Exceptional Condo Living In The Heart Of Market Lane, One Of Woodbridge's Most Sought-After Communities.
- This Spacious 2-Bedroom, 2-Washroom Suite Offers A Highly Desirable Open Concept Layout That Connects The Living And Dining Areas, Creating A Bright And Functional...
- Over 900 Sqft Of Living Space Makes This Unit Ideal For Downsizers, First Time Home Buyers Or Small Families.
- This Unit Comes With One Parking Space And One Locker, With The Added Bonus Of The Parking Spot Being Located Right Next To The Elevator For Exceptional Convenience.
- Commuters Will Appreciate Quick Access To Major Highways Including Highway 400, Highway 407, And Highway 427, Making Travel Throughout The GTA Simple And Efficient.
Welcome To Exceptional Condo Living In The Heart Of Market Lane, One Of Woodbridge's Most Sought-After Communities. This Spacious 2-Bedroom, 2-Washroom Suite Offers A Highly Desirable Open Concept Layout That Connects The Living And Dining Areas, Creating A Bright And Functional Space Ideal For Both Everyday Living And Entertaining. Over 900 Sqft Of Living Space Makes This Unit Ideal For Downsizers, First Time Home Buyers Or Small Families. Large Windows Fill The Unit With Natural Light, Enhancing The Comfortable Design And Well-Planned Layout. Both Bedrooms Are Generously Sized, Offering Ample Space For Full Bedroom Furnishings And Additional Flexibility For A Home Office Or Sitting Area. The Practical Floorplan Includes Two Full Washrooms, Including An Ensuite To The Primary Bedroom, Providing Convenience And Privacy For Residents And Guests Alike. Step Outside To A Large Private Balcony Overlooking The Beautifully Maintained Garden And Courtyard, Complete With A Gas Line For BBQ - Perfect For Outdoor Cooking And Entertaining. This Unit Comes With One Parking Space And One Locker, With The Added Bonus Of The Parking Spot Being Located Right Next To The Elevator For Exceptional Convenience. Situated In The Vibrant Market Lane Area, You Are Just Steps To Boutique Shops, Restaurants, Cafés, And Everyday Amenities That Give The Neighbourhood Its Unique Charm. Commuters Will Appreciate Quick Access To Major Highways Including Highway 400, Highway 407, And Highway 427, Making Travel Throughout The GTA Simple And Efficient. Parks, Scenic Walking Trails, And Nearby Recreational Facilities Further Enhance The Appeal Of This Prime Woodbridge Location. A Fantastic Opportunity To Own In A Well-Established Community That Offers Space, Convenience, And An Unbeatable Woodbridge Lifestyle
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13823908
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999 sq ft
- Cross streets
- Kipling & Woodbridge Ave
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Foundation
- Concrete, Concrete Block
- Maintenance
- $709/mo
- Exposure
- South West
- Property tax
- $3,004 / 2025
- Days on market
- 25
- Listing brokerage
- CAPITAL NORTH REALTY CORPORATION
Rooms
combined w/dining · open concept · balcony
combined w/living · open concept · balcony
stainless steel appl · granite counters · hardwood floor
hardwood floor · closet
hardwood floor · 3 pc ensuite · walk-in closet(s)
Listed at $699,888. 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 $678K, if it sells. A realistic range is $639K to $734K.
Independent value check: $659K. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $613K and $693K).
Why $659K. The typical condo sold in West Woodbridge over the past year went for about $733K (38 sales). What sets this one apart:
- ▼ Lowers itIt is 900 to 999 sq ft; the typical home sold here is 950 to 1,099.
Total price vs nearby homes. Likely closing about $678K, from 9 recent closings in this pocket.
The market behind the math:
About 2.7 months of inventory: 8 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 $737/sqft against an area asking average of $734/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 $659K. 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.
- Open-concept layout: modern, sought-after flow. Lifestyle
- Elevator: rare and valuable for accessibility and resale. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($737/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 9 homes sold in this building over the past two years, from 76 closings in West Woodbridge.
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 $704/sqft; this home lists at $737/sqft. Size is part of the price story, not just the sticker.
The 5 closest 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 19, 2026); conventional rates run a little higher.
Mortgage amount $559,910 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,096
- Property tax
- $250
- Condo / maintenance fees
- $709
- Heating
- $0
- Estimated monthly cost
- $4,055
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,473
- Estimated closing costs
- $10,473
Plus your down payment of $139,978. 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
- $185,750
- Principal paid down
- $68,411
- Interest paid
- $117,340
- Balance remaining
- $491,500
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 12 whole-home leases in West Woodbridge signed at a median of $2,391 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,932. 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 CAPITAL NORTH REALTY CORPORATION. MLS®/PropTx.