2510-50 Upper Mall Way, Vaughan, ON

Brownridge, Vaughan · MLS® N13862570

$549,900
For Sale
Listed 15 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to Promenade Park Towers, where style, convenience, and connected living come together in the heart of Thornhill.
  • The striking glass-tower community features an impressive 20,000 sq. ft. elevated green-roof terrace and exceptional amenities, including an indoor golf simulator...

Welcome to Promenade Park Towers, where style, convenience, and connected living come together in the heart of Thornhill. This bright one-bedroom-plus-den suite is filled with natural light and offers a versatile layout designed for modern everyday living. The striking glass-tower community features an impressive 20,000 sq. ft. elevated green-roof terrace and exceptional amenities, including an indoor golf simulator, theatre, and games room. Enjoy direct access to Promenade Shopping Centre, with supermarkets, restaurants, entertainment, transit, parks, and scenic trails all nearby. Perfectly situated at Bathurst and Centre Street, this is contemporary condo living with everything you need right at your doorstep.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
N13862570
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
600-699 sq ft
Cross streets
Bathurst and Centre St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Metal/Steel Siding
Maintenance
$448/mo
Exposure
North East
Days on market
15
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

BathroomMain0.00 × 0.00 m

3 Pc Bath

Primary BedroomMain3.51 × 2.95 m

large window · closet · ensuite bath

BathroomMain0.00 × 0.00 m

3 pc bath · walk-in bath

Living RoomMain6.40 × 3.05 m

combined w/kitchen · balcony · sliding doors

DenMain2.62 × 2.34 m

glass doors · closet

KitchenMain6.40 × 3.05 m

combined w/living · stone counters

Our TakeTeam Asgarian · Broker
A discount is typical here
$526Klikely sale price

Listed at $549,900 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $526K, typically $496K to $570K. Comparable closings on their own put this home around $470K, about 15% below the ask.

List price
$496KBelow recent closings$570KAbove recent closings

Total price vs nearby homes. Likely closing about $526K, from 25 recent closings in this pocket.

The market behind the math:

25sold nearby · 90 days
$520Kmedian sold price
94%of asking, on average
−19%prices vs a year ago
~30 dayshomes like this take to sell
15days on market so far
$2,350/moest. rent · 410 leases
5.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.6 months of inventory: 30 condo apartment homes for sale in the area against 25 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 $847/sqft against an area asking average of $750/sqft.

How this estimate is builtthe short version

I take the 25 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.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Brownridge, so I widened the search to the surrounding area.

Based on 25 comparable homes that sold in Brownridge over the past two years, from 134 closings there.

What sellers nearby are askingCurrently listed nearby in Brownridge · asking prices
$551kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $470K, which is where my estimate comes from.

Per square foot, these ask about $878/sqft; this home lists at $847/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
550kThis home540k589k638k539k448kThis home vs active comparables

Sold price trend

Median sold price for condos in Brownridge: $510K in September 2026, down 20% from a year ago, on 60 closings in 8 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$585K5
November 2025$810K7
December 2025$619K6
May 2026$783K10
June 2026$850K7
July 2026$710K6
August 2026$500K10
September 2026$510K9

Neighbourhood & location

Brownridge, 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.

Beverley Glen
$581K
Crestwood-Springfarm-Yorkhill
$678K
Concord
$555K
Vaughan Corporate Centre
$481K
Vellore Village
$459K

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
$2,506/mo
$119KIncome needed
4.6×Price ÷ income
$578Weekly cost
$7,473Land 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 $2,506Estimated property tax $344Condo fee $448Total carry $3,297

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,432per month

Mortgage amount $439,920 · 4.49% over 25 years

$109,980Down payment (20.0%)
$439,920Loan before insurance
$0CMHC premium
$3,224Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,432
Estimated property tax
$344
Condo / maintenance fees
$448
Heating
$0
Estimated monthly cost
$3,224

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

One-time closing costs

Ontario land transfer tax
$7,473
Estimated closing costs
$7,473

Plus your down payment of $109,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,944/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

$289,798Total interest paid
$729,718Total of all payments
Principal $439,920 Interest $289,798
YearPrincipalInterestBalance
1$9,817$19,372$430,103
2$10,263$18,926$419,840
3$10,729$18,460$409,111
4$11,216$17,973$397,895
5$11,725$17,463$386,170
6$12,258$16,931$373,912
7$12,814$16,375$361,098
8$13,396$15,793$347,702
9$14,004$15,185$333,698
10$14,640$14,549$319,058
11$15,305$13,884$303,753
12$16,000$13,189$287,753
13$16,726$12,463$271,027
14$17,486$11,703$253,542
15$18,279$10,909$235,262
16$19,109$10,079$216,153
17$19,977$9,212$196,176
18$20,884$8,305$175,292
19$21,832$7,356$153,459
20$22,824$6,365$130,636
21$23,860$5,329$106,776
22$24,943$4,246$81,833
23$26,076$3,113$55,757
24$27,260$1,929$28,497
25$28,497$691$0

At the end of your 5-year term

Total paid over the term
$145,944
Principal paid down
$53,750
Interest paid
$92,193
Balance remaining
$386,170

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 410 whole-home leases in Brownridge$2,350/mo
$28,200Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,232 to $2,467Typical rent range
~23 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 410 whole-home leases in Brownridge signed at a median of $2,368 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,350. 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.

5.1%
Gross yield
− Property tax $3,849− Condo fees $5,370− Insurance $600− Vacancy & upkeep $3,102Net operating income $15,279

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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