105-1 Emerald Lane, Vaughan, ON

Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N13829016

$640,000
For Sale
Listed 25 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to 1 Emerald Lane #105, where sophisticated style meets effortless luxury living in the heart of one of Thornhill's highly desirable communities.
  • This spacious approximately 1,050 sq. ft. premium corner ground floor condo has been completely renovated, showcasing luxurious finishes, designer-inspired fixtures...
  • Step inside and experience a beautifully transformed interior featuring elegant flooring, contemporary lighting, Large baseboard and Crown Moldings, premium finishes...
  • The stunning renovated eat-in kitchen is finished with modern cabinetry, sleek quartz countertops & backsplash, quality fixtures and stylish details that perfectly...
  • Enjoy the convenience of 1 underground parking space and 1 owned locker, along with the exceptional amenities offered at Eiffel Towers, including an outdoor pool...

Welcome to 1 Emerald Lane #105, where sophisticated style meets effortless luxury living in the heart of one of Thornhill's highly desirable communities. This spacious approximately 1,050 sq. ft. premium corner ground floor condo has been completely renovated, showcasing luxurious finishes, designer-inspired fixtures and exceptional attention to detail throughout. Step inside and experience a beautifully transformed interior featuring elegant flooring, contemporary lighting, Large baseboard and Crown Moldings, premium finishes and soaring 10' Ceilings. The thoughtfully designed layout offers generous living and dining spaces with floor to ceiling Windows, creating an inviting setting for both everyday living and entertaining. The stunning renovated eat-in kitchen is finished with modern cabinetry, sleek quartz countertops & backsplash, quality fixtures and stylish details that perfectly complement the home's upscale aesthetic. Generously proportioned bedrooms provide peaceful retreats, while the beautifully renovated bathrooms deliver a polished, spa-inspired feel. Every inch of this residence has been thoughtfully updated, offering the rare opportunity to enjoy a luxury renovation without the work or expense. Enjoy the convenience of 1 underground parking space and 1 owned locker, along with the exceptional amenities offered at Eiffel Towers, including an outdoor pool, fitness center, recreation and party rooms, visitor parking and 24-hour gated security. Whether you're looking to downsize, retire, invest or simply enjoy a turnkey luxury lifestyle, this completely renovated residence delivers space, style and convenience in one exceptional package.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
N13829016
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Bathurst St & Steeles Ave W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,054/mo
Exposure
North West
Property tax
$2,630 / 2026
Days on market
25
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

BathroomFlat2.17 × 2.17 m

tile floor · renovated · 2 pc ensuite

Dining RoomFlat3.60 × 1.92 m

hardwood floor · combined w/living · w/o to balcony

Bedroom 2Flat3.08 × 2.74 m

hardwood floor · closet

KitchenFlat4.27 × 2.65 m

renovated · stainless steel appl · quartz counter

BathroomFlat2.62 × 1.25 m

4 pc bath · tile floor · renovated

Primary BedroomFlat4.72 × 3.08 m

hardwood floor · walk-in closet(s) · 3 pc ensuite

Living RoomFlat4.08 × 3.63 m

hardwood floor · combined w/dining · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Neighbourhood & location

Crestwood-Springfarm-Yorkhill, 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.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,917/mo
$141KIncome needed
4.5×Price ÷ income
$673Weekly cost
$9,275Land 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.

70%mortgage
Mortgage $2,917Property tax $219Condo fee $1,054Total carry $4,190

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)
$2,831per month

Mortgage amount $512,000 · 4.49% over 25 years

$128,000Down payment (20.0%)
$512,000Loan before insurance
$0CMHC premium
$4,104Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,831
Property tax
$219
Condo / maintenance fees
$1,054
Heating
$0
Estimated monthly cost
$4,104

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

One-time closing costs

Ontario land transfer tax
$9,275
Estimated closing costs
$9,275

Plus your down payment of $128,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,426/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

$337,281Total interest paid
$849,281Total of all payments
Principal $512,000 Interest $337,281
YearPrincipalInterestBalance
1$11,426$22,546$500,574
2$11,944$22,027$488,630
3$12,487$21,484$476,143
4$13,054$20,918$463,089
5$13,646$20,325$449,443
6$14,266$19,705$435,177
7$14,914$19,058$420,263
8$15,591$18,380$404,672
9$16,299$17,672$388,374
10$17,039$16,932$371,335
11$17,812$16,159$353,522
12$18,621$15,350$334,901
13$19,467$14,505$315,435
14$20,351$13,621$295,084
15$21,275$12,697$273,810
16$22,240$11,731$251,569
17$23,250$10,721$228,319
18$24,306$9,665$204,013
19$25,410$8,562$178,603
20$26,563$7,408$152,040
21$27,769$6,202$124,271
22$29,030$4,941$95,241
23$30,348$3,623$64,893
24$31,726$2,245$33,167
25$33,167$805$0

At the end of your 5-year term

Total paid over the term
$169,856
Principal paid down
$62,557
Interest paid
$107,299
Balance remaining
$449,443

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
Estimate$3,400/mo
$40,800Gross annual rent
3.2%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.4%
Gross yield
− Property tax $2,630− Condo fees $12,648− Insurance $600− Vacancy & upkeep $4,488Net operating income $20,434

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

CallRequest a showing