224-8960 Jane Street, Vaughan, ON

Vellore Village, Vaughan · MLS® N13847436

$898,000
For Sale
Listed 15 days agoNo offer date stated
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2Bedrooms
3Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Extremely rare and absolutely breathtaking corner unit offering 1,135 Sqft of beautifully designed interior living space plus a massive 677 Sqft wraparound terrace...
  • Featuring 2 large bedrooms and 3 bathrooms with a highly desirable split-bedroom floor plan.
  • Thoughtfully upgraded throughout with sleek black granite countertops, upgraded tile and hardware, plus stunning Calacatta polished porcelain in the primary ensuite...
  • Residents enjoy an outstanding collection of lifestyle amenities, including a resort-style outdoor pool, fitness centre, sauna, rooftop lounge, theatre room, bocce...
  • Conveniently located in the heart of Vaughan at Jane & Rutherford, just minutes to Vaughan Mills, TTC subway and transit, Cortellucci Vaughan Hospital, shopping...

Extremely rare and absolutely breathtaking corner unit offering 1,135 Sqft of beautifully designed interior living space plus a massive 677 Sqft wraparound terrace, for an impressive 1,812 Sqft of total indoor/outdoor living space! Exceptionally bright and private, with floor-to-ceiling windows and an incredible indoor/outdoor feel that truly lives more like a home than a condo. Enjoy beautiful views overlooking the future park being built, creating a stunning and open backdrop. Featuring 2 large bedrooms and 3 bathrooms with a highly desirable split-bedroom floor plan. The spacious primary retreat boasts two double closets and a spa-inspired ensuite with double sinks and a glass shower. Thoughtfully upgraded throughout with sleek black granite countertops, upgraded tile and hardware, plus stunning Calacatta polished porcelain in the primary ensuite and powder room, creating a sophisticated and cohesive modern finish. The large modern kitchen features top-of-the-line appliances, a centre island, ample cabinetry, and plenty of space for a full-size dining table. Additional highlights include a convenient powder room, spacious laundry room, and modern, chic selections throughout. Walk out to the spectacular wraparound terrace, perfect for relaxing, dining, and entertaining. Move-in ready and truly one of a kind! Residents enjoy an outstanding collection of lifestyle amenities, including a resort-style outdoor pool, fitness centre, sauna, rooftop lounge, theatre room, bocce court, games room, and 24-hour concierge. Conveniently located in the heart of Vaughan at Jane & Rutherford, just minutes to Vaughan Mills, TTC subway and transit, Cortellucci Vaughan Hospital, shopping, restaurants, entertainment, and Highways 400 & 407. Includes 1 parking space and 1 locker!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13847436
Bedrooms
2
Bathrooms
3 (1 half)
Size
1000-1199 sq ft
Cross streets
JANE & RUTHERFORD
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$884/mo
Exposure
South East
Days on market
15
Listing brokerage
RE/MAX EXPERTS
Our TakeTeam Asgarian · Broker
A small discount is typical
$869Klikely sale price

Listed at $898,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $869K, typically $819K to $940K. Comparable closings on their own put this home around $697K, about 22% below the ask.

List price
$819KBelow recent closings$940KAbove recent closings

Total price vs nearby homes. Likely closing about $869K, from 7 recent closings in this pocket.

The market behind the math:

7sold nearby · 90 days
$575Kmedian sold price
95%of asking, on average
−9%prices vs a year ago
~33 dayshomes like this take to sell
15days on market so far
$3,330/moest. rent · 8 leases
4.4%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.4 months of inventory: 15 condo apartment homes for sale in the area against 7 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 $817/sqft against an area asking average of $800/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
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($817/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 11 homes sold in this building over the past two years, from 49 closings in Vellore Village.

What sellers nearby are askingCurrently listed nearby in Vellore Village · asking prices
$870kavg 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 $791/sqft; this home lists at $817/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
898kThis home950k830k830kThis home vs active comparables

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
$561K
Maple
$611K
Vaughan Corporate Centre
$511K
East Woodbridge
$579K
Beverley Glen
$574K

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
$4,093/mo
$195KIncome needed
4.6×Price ÷ income
$944Weekly cost
$14,435Land 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 $4,093Estimated property tax $561Condo fee $884Total carry $5,538

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,972per month

Mortgage amount $718,400 · 4.49% over 25 years

$179,600Down payment (20.0%)
$718,400Loan before insurance
$0CMHC premium
$5,417Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,972
Estimated property tax
$561
Condo / maintenance fees
$884
Heating
$0
Estimated monthly cost
$5,417

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

One-time closing costs

Ontario land transfer tax
$14,435
Estimated closing costs
$14,435

Plus your down payment of $179,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,808/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

$473,247Total interest paid
$1,191,647Total of all payments
Principal $718,400 Interest $473,247
YearPrincipalInterestBalance
1$16,032$31,634$702,368
2$16,760$30,906$685,609
3$17,520$30,145$668,088
4$18,316$29,350$649,772
5$19,148$28,518$630,625
6$20,017$27,649$610,608
7$20,926$26,740$589,682
8$21,876$25,790$567,806
9$22,869$24,797$544,937
10$23,908$23,758$521,029
11$24,993$22,673$496,036
12$26,128$21,538$469,908
13$27,314$20,352$442,594
14$28,554$19,112$414,040
15$29,851$17,815$384,189
16$31,206$16,460$352,983
17$32,623$15,043$320,360
18$34,104$13,562$286,256
19$35,653$12,013$250,603
20$37,271$10,394$213,332
21$38,964$8,702$174,368
22$40,733$6,933$133,635
23$42,582$5,084$91,053
24$44,516$3,150$46,537
25$46,537$1,129$0

At the end of your 5-year term

Total paid over the term
$238,329
Principal paid down
$87,775
Interest paid
$150,554
Balance remaining
$630,625

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 8 whole-home leases in Vellore Village$3,330/mo
$39,960Gross annual rent
2.0%Cap rate after taxes and upkeep
$3,064 to $3,596Typical rent range
~21 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 8 whole-home leases in Vellore Village signed at a median of $3,053 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,330. 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.

4.4%
Gross yield
− Property tax $6,286− Condo fees $10,605− Insurance $600− Vacancy & upkeep $4,396Net operating income $18,073

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

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