2201-50 Upper Mall Way, Vaughan, ON

Brownridge, Vaughan · MLS® N13862562

$489,900
For Sale
Listed 14 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Step into modern condo living at Promenade Park Towers, built by Liberty Developments and ideally located in the heart of Thornhill.
  • This vacant, move-in-ready 1-bedroom plus den suite offers approximately 605 sq. ft. of thoughtfully planned living space, complete with a bright south-facing...
  • The open-concept layout features a contemporary kitchen with stone countertops, a comfortable living and dining area, and a flexible den that can easily function as a...
  • Residents can enjoy an outstanding selection of amenities, including a 24-hour concierge, fitness centre, yoga studio, golf simulator, theatre room, party room, and...

Step into modern condo living at Promenade Park Towers, built by Liberty Developments and ideally located in the heart of Thornhill. This vacant, move-in-ready 1-bedroom plus den suite offers approximately 605 sq. ft. of thoughtfully planned living space, complete with a bright south-facing exposure and a private balcony.The open-concept layout features a contemporary kitchen with stone countertops, a comfortable living and dining area, and a flexible den that can easily function as a home office, study area, or additional living space. The generously sized bedroom provides plenty of storage, while the modern bathroom offers a sleek and polished finish. A private locker is also included for added convenience.Residents can enjoy an outstanding selection of amenities, including a 24-hour concierge, fitness centre, yoga studio, golf simulator, theatre room, party room, and beautifully landscaped outdoor terrace. With direct access to Promenade Shopping Centre, public transit steps from the building, and nearby parks, restaurants, shops, and everyday necessities, everything you need is right at your doorstep. An excellent opportunity for first-time buyers seeking a convenient, low-maintenance lifestyle in a well-connected Thornhill community.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13862562
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Bathurst St and Clark Ave W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$416/mo
Exposure
South
Days on market
14
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

DenMain2.26 × 2.29 m
Living RoomMain6.77 × 3.26 m
Primary BedroomMain3.54 × 2.74 m
Dining RoomMain6.77 × 3.26 m
KitchenMain6.77 × 3.26 m
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

Neighbourhood & location

Brownridge, Vaughan, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Beverley Glen
$572K
Crestwood-Springfarm-Yorkhill
$684K
Concord
$563K
Vaughan Corporate Centre
$485K
Vellore Village
$500K

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
$2,233/mo
$107KIncome needed
4.6×Price ÷ income
$515Weekly cost
$6,273Land 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.

76%mortgage
Mortgage $2,233Estimated property tax $306Condo fee $416Total carry $2,955

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)
$2,167per month

Mortgage amount $391,920 · 4.49% over 25 years

$97,980Down payment (20.0%)
$391,920Loan before insurance
$0CMHC premium
$2,889Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,167
Estimated property tax
$306
Condo / maintenance fees
$416
Heating
$0
Estimated monthly cost
$2,889

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

One-time closing costs

Ontario land transfer tax
$6,273
Estimated closing costs
$6,273

Plus your down payment of $97,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,623/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

$258,178Total interest paid
$650,098Total of all payments
Principal $391,920 Interest $258,178
YearPrincipalInterestBalance
1$8,746$17,258$383,174
2$9,143$16,861$374,031
3$9,558$16,446$364,473
4$9,992$16,012$354,481
5$10,446$15,558$344,035
6$10,920$15,084$333,114
7$11,416$14,588$321,698
8$11,934$14,070$309,764
9$12,476$13,528$297,288
10$13,043$12,961$284,245
11$13,635$12,369$270,610
12$14,254$11,750$256,356
13$14,901$11,103$241,455
14$15,578$10,426$225,878
15$16,285$9,719$209,593
16$17,024$8,980$192,568
17$17,797$8,207$174,771
18$18,605$7,398$156,166
19$19,450$6,554$136,715
20$20,333$5,671$116,382
21$21,257$4,747$95,126
22$22,222$3,782$72,904
23$23,231$2,773$49,673
24$24,285$1,719$25,388
25$25,388$616$0

At the end of your 5-year term

Total paid over the term
$130,020
Principal paid down
$47,885
Interest paid
$82,134
Balance remaining
$344,035

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$2,050/mo
$24,600Gross annual rent
2.6%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.

5.0%
Gross yield
− Property tax $3,429− Condo fees $4,987− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,878

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

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