PH211-7250 Yonge Street, Vaughan, ON

Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N13869918

$689,900
For Sale
Listed 12 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage · 2 parking
1000-1199Sq ft

About this home

In short

  • Experience elevated living in this rarely offered penthouse suite at the prestigious Palladium Condominiums in the heart of Thornhill.
  • Perfectly positioned along the Yonge Street corridor, this bright and spacious 2-bedroom, residence offers thoughtfully designed living space, combining comfort...
  • Step inside to discover an open-concept layout flooded with natural light from large windows that showcase expansive views of surrounding green space and tennis courts.
  • Residents enjoy access to an impressive collection of building amenities including a fitness centre, outdoor pool, tennis courts, sauna, party room, visitor parking...

Experience elevated living in this rarely offered penthouse suite at the prestigious Palladium Condominiums in the heart of Thornhill. Perfectly positioned along the Yonge Street corridor, this bright and spacious 2-bedroom, residence offers thoughtfully designed living space, combining comfort, convenience, and exceptional value in one of Vaughan's most sought-after communities. Step inside to discover an open-concept layout flooded with natural light from large windows that showcase expansive views of surrounding green space and tennis courts. The inviting living and dining areas provide the perfect setting for both everyday living and entertaining. The modern kitchen features a full-size stainless steel appliance package, generous cabinetry, and ample counter space, making meal preparation both practical and enjoyable. The spacious primary bedroom creates a peaceful sanctuary to unwind after a long day. A well-proportioned second bedroom provide flexibility for families, guests, or professionals working from home. Ensuite laundry adds everyday convenience. One of the standout features of this penthouse offering is the inclusion of two tandem underground parking spaces a rare and valuable benefit in today's market. Residents enjoy access to an impressive collection of building amenities including a fitness centre, outdoor pool, tennis courts, sauna, party room, visitor parking, concierge service, and beautifully maintained common areas. Located just steps from shopping, restaurants, grocery stores, cafes, parks, and public transit, this exceptional residence offers unparalleled convenience. Enjoy easy access to major highways, the future Yonge North Subway Extension, Centrepoint Mall, Promenade

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13869918
Bedrooms
2
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Yonge/Clark
Parking
1 garage · 2 parking (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Poured Concrete
Roof
Flat
Maintenance
$1,122/mo
Exposure
South West
Property tax
$2,988 / 2025
Days on market
12
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Dining RoomMain4.57 × 2.77 m

laminate · combined w/living

Living RoomMain4.57 × 2.77 m

laminate · combined w/dining

LaundryMain2.39 × 1.36 m
FoyerMain2.18 × 1.61 m

Laminate

KitchenMain4.26 × 3.29 m

Quartz Counter

Bedroom 2Main4.26 × 2.74 m

laminate · window

Primary BedroomMain5.15 × 3.05 m

laminate · window

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 Crestwood-Springfarm-Yorkhill · asking prices
$680kavg 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 $583/sqft; this home lists at $627/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
690kThis home625k699k675k649k750kThis home vs active comparables

Neighbourhood & location

Crestwood-Springfarm-Yorkhill, 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.

Brownridge
$557K
Beverley Glen
$572K
Concord
$563K
Vaughan Corporate Centre
$493K
Maple
$600K

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
$3,144/mo
$152KIncome needed
4.5×Price ÷ income
$726Weekly cost
$10,273Land 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.

70%mortgage
Mortgage $3,144Property tax $249Condo fee $1,122Total carry $4,515

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)
$3,052per month

Mortgage amount $551,920 · 4.49% over 25 years

$137,980Down payment (20.0%)
$551,920Loan before insurance
$0CMHC premium
$4,423Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,052
Property tax
$249
Condo / maintenance fees
$1,122
Heating
$0
Estimated monthly cost
$4,423

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

One-time closing costs

Ontario land transfer tax
$10,273
Estimated closing costs
$10,273

Plus your down payment of $137,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,694/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

$363,578Total interest paid
$915,498Total of all payments
Principal $551,920 Interest $363,578
YearPrincipalInterestBalance
1$12,317$24,303$539,603
2$12,876$23,744$526,728
3$13,460$23,160$513,267
4$14,071$22,548$499,196
5$14,710$21,910$484,486
6$15,378$21,242$469,107
7$16,077$20,543$453,031
8$16,806$19,813$436,224
9$17,570$19,050$418,655
10$18,367$18,253$400,287
11$19,201$17,419$381,086
12$20,073$16,547$361,013
13$20,984$15,635$340,029
14$21,937$14,683$318,091
15$22,933$13,687$295,158
16$23,975$12,645$271,184
17$25,063$11,557$246,121
18$26,201$10,419$219,920
19$27,391$9,229$192,529
20$28,634$7,986$163,895
21$29,934$6,686$133,960
22$31,294$5,326$102,667
23$32,714$3,906$69,952
24$34,200$2,420$35,753
25$35,753$867$0

At the end of your 5-year term

Total paid over the term
$183,100
Principal paid down
$67,434
Interest paid
$115,665
Balance remaining
$484,486

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$3,400/mo
$40,800Gross annual rent
2.8%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.

5.9%
Gross yield
− Property tax $2,988− Condo fees $13,460− Insurance $600− Vacancy & upkeep $4,488Net operating income $19,264

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

CallRequest a showing