1402-5279 Highway 7, Vaughan, ON

Vaughan Grove, Vaughan · MLS® N13845338

$469,900
For Sale
Listed 19 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Welcome to this stunning one-bedroom CORNER Stack Townhouse that perfectly blends charm, elegance, and modern convenience.
  • Featuring soaring 9-foot ceilings, large floor-to-ceiling windows, and modern laminate flooring, the bright open-concept layout creates an inviting atmosphere throughout.

Welcome to this stunning one-bedroom CORNER Stack Townhouse that perfectly blends charm, elegance, and modern convenience. Featuring soaring 9-foot ceilings, large floor-to-ceiling windows, and modern laminate flooring, the bright open-concept layout creates an inviting atmosphere throughout. The chic kitchen is complete with sleek granite countertops, a breakfast bar, and four stainless steel appliances, flowing seamlessly into the living and dining area with a walk-out to a private outdoor balcony. The primary retreat offers generous space with a functional double closet, complemented by a convenient in-suite laundry room with extra storage and a large foyer. Complete with an underground parking spot and a dedicated storage locker, this exceptional property is ideally situated just moments from top-rated schools, trendy boutiques, popular restaurants, parks, public transit, the subway, and major highways. Perfect for first-time buyers looking to break into the market at a reasonable price or anyone seeking a stylish urban lifestyle, this immaculate home delivers unmatched value.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N13845338
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
HIGHWAY 7/KIPLING
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$296/mo
Exposure
South
Property tax
$2,555 / 2026
Days on market
19
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Vaughan Grove · asking prices
$496kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market.

Per square foot, these ask about $730/sqft; this home lists at $855/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
470kThis home480k509k499kThis home vs active comparables

Neighbourhood & location

Vaughan Grove, 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.

West Woodbridge
$762K
East Woodbridge
$790K
Islington Woods
$649K
Sonoma Heights
$689K
Vaughan Corporate Centre
$704K

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
$2,142/mo
$98KIncome needed
4.8×Price ÷ income
$494Weekly cost
$5,873Land 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.

81%mortgage
Mortgage $2,142Property tax $213Condo fee $296Total carry $2,650

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)
$2,079per month

Mortgage amount $375,920 · 4.49% over 25 years

$93,980Down payment (20.0%)
$375,920Loan before insurance
$0CMHC premium
$2,587Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,079
Property tax
$213
Condo / maintenance fees
$296
Heating
$0
Estimated monthly cost
$2,587

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

One-time closing costs

Ontario land transfer tax
$5,873
Estimated closing costs
$5,873

Plus your down payment of $93,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,516/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

$247,638Total interest paid
$623,558Total of all payments
Principal $375,920 Interest $247,638
YearPrincipalInterestBalance
1$8,389$16,553$367,531
2$8,770$16,172$358,761
3$9,168$15,774$349,593
4$9,584$15,358$340,009
5$10,019$14,923$329,990
6$10,474$14,468$319,515
7$10,950$13,992$308,565
8$11,447$13,495$297,118
9$11,967$12,975$285,151
10$12,510$12,432$272,641
11$13,078$11,864$259,563
12$13,672$11,270$245,891
13$14,293$10,650$231,598
14$14,942$10,001$216,656
15$15,620$9,322$201,036
16$16,329$8,613$184,707
17$17,071$7,872$167,636
18$17,846$7,096$149,790
19$18,656$6,286$131,134
20$19,503$5,439$111,631
21$20,389$4,554$91,242
22$21,314$3,628$69,928
23$22,282$2,660$47,645
24$23,294$1,648$24,352
25$24,352$591$0

At the end of your 5-year term

Total paid over the term
$124,712
Principal paid down
$45,930
Interest paid
$78,781
Balance remaining
$329,990

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$1,700/mo
$20,400Gross annual rent
2.4%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.

4.3%
Gross yield
− Property tax $2,555− Condo fees $3,548− Insurance $600− Vacancy & upkeep $2,244Net operating income $11,453

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

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