2303-27 Korda Gate, Vaughan, ON

Vellore Village, Vaughan · MLS® N13845292

$659,900
For Sale
Listed 19 days agoNo offer date stated
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2Bedrooms
3Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to the 5th at Charisma.
  • This Brand New C970 Corner Model, 2 Bed + 2.5 Baths is Perfectly Located Right Next to Vaughan Mills Mall.
  • Open Concept Kitchen with Large Centre Island & S/S Appliances.
  • Building Features Outdoor Pool, Gym, 24 Hour Concierge, Party Room, Theatre + Much More.
  • Steps to Transit, Shopping, Dining and Minutes from both Hwy 400 and Hwy 407.

Welcome to the 5th at Charisma. Price is Exclusive of HST. This Brand New C970 Corner Model, 2 Bed + 2.5 Baths is Perfectly Located Right Next to Vaughan Mills Mall! This Luxuriously Finished & Perfectly Located Building is Built by Greenpark and Offered for Sale Directly from the Builder. This Floorplan Features 970 Sq. Ft. of Well-Designed Interior Space + 149 Sq. Ft. Balcony. W/Floor to Ceiling Windows for Max Light. Open Concept Kitchen with Large Centre Island & S/S Appliances. Building Features Outdoor Pool, Gym, 24 Hour Concierge, Party Room, Theatre + Much More. Enjoy Additional Commercial Amenities on Ground Level of Building. Steps to Transit, Shopping, Dining and Minutes from both Hwy 400 and Hwy 407.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13845292
Bedrooms
2
Bathrooms
3 (1 half)
Size
900-999 sq ft
Cross streets
Jane & Rutherford Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Other
Foundation
Poured Concrete, Steel Frame
Roof
Unknown
Maintenance
$748/mo
Exposure
South East
Days on market
19
Listing brokerage
METROPARK REALTY INC.
Our TakeTeam Asgarian · Broker
Ask and comparable sales differ
$848Kautomated comparable-sales estimate

Listed at $659,900, which is within the range of comparable homes, on the lower side.

List price
$656KBelow recent closings$1.11MAbove recent closings

Total price vs nearby homes. Fair value about $848K, median of 7 comparables.

The market behind the math:

19days on market so far
$3,128/moest. rent · 5 leases
5.7%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $695/sqft against an area asking average of $766/sqft.

How this estimate is builtthe short version

I take the 7 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.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 7 comparable homes that sold in Vellore Village over the past two years, from 9 closings there.

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$570K71
November 2025$565K67
December 2025$538K50
January 2026$520K49
February 2026$575K54
March 2026$538K72
April 2026$525K62
May 2026$552K79
June 2026$547K92
July 2026$570K73
August 2026$523K64
September 2026$505K62

Neighbourhood & location

Vellore Village, 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
Maple
$600K
Vaughan Corporate Centre
$493K
Beverley Glen
$572K
West Woodbridge
$745K

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
$3,008/mo
$146KIncome needed
4.5×Price ÷ income
$694Weekly cost
$9,673Land 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.

72%mortgage
Mortgage $3,008Estimated property tax $412Condo fee $748Total carry $4,168

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)
$2,919per month

Mortgage amount $527,920 · 4.49% over 25 years

$131,980Down payment (20.0%)
$527,920Loan before insurance
$0CMHC premium
$4,079Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,919
Estimated property tax
$412
Condo / maintenance fees
$748
Heating
$0
Estimated monthly cost
$4,079

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

One-time closing costs

Ontario land transfer tax
$9,673
Estimated closing costs
$9,673

Plus your down payment of $131,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,533/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

$347,768Total interest paid
$875,688Total of all payments
Principal $527,920 Interest $347,768
YearPrincipalInterestBalance
1$11,781$23,247$516,139
2$12,316$22,712$503,823
3$12,875$22,153$490,948
4$13,460$21,568$477,489
5$14,071$20,957$463,418
6$14,710$20,318$448,708
7$15,377$19,650$433,331
8$16,076$18,952$417,255
9$16,806$18,222$400,450
10$17,569$17,459$382,881
11$18,366$16,661$364,515
12$19,200$15,827$345,315
13$20,072$14,956$325,243
14$20,983$14,044$304,259
15$21,936$13,092$282,323
16$22,932$12,096$259,391
17$23,973$11,054$235,418
18$25,062$9,966$210,357
19$26,200$8,828$184,157
20$27,389$7,638$156,768
21$28,633$6,395$128,135
22$29,933$5,095$98,202
23$31,292$3,736$66,910
24$32,713$2,315$34,198
25$34,198$830$0

At the end of your 5-year term

Total paid over the term
$175,138
Principal paid down
$64,502
Interest paid
$110,636
Balance remaining
$463,418

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 5 whole-home leases in Vellore Village$3,128/mo
$37,536Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,753 to $3,504Typical rent range
~22 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 5 whole-home leases in Vellore Village signed at a median of $2,612 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,128. 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.

5.7%
Gross yield
− Property tax $4,619− Condo fees $8,973− Insurance $600− Vacancy & upkeep $4,129Net operating income $19,215

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

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