404-100 Arbors Lane, Vaughan, ON

West Woodbridge, Vaughan · MLS® N13872176

$638,800
For Sale
Listed 13 days agoNo offer date stated
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2Bedrooms
2Bathrooms
2Garage
1000-1199Sq ft

About this home

In short

  • Two owned parking spots - rare at this price point, and only one of the reasons this one stands out.
  • Inside, 1,139 sq ft has been fully renovated and opened up into a true open-concept layout, with maple hardwood floors, smooth ceilings with pot lights, and custom...
  • Two bedrooms and two full baths, including a 5-piece ensuite, and laundry in the unit.
  • The A/C and heating unit is new and under warranty, and the fridge was replaced in 2023.
  • The building carries an indoor pool, sauna, gym, and a party room with full kitchen, and you're walking distance to Market Lane - the shops, cafes and restaurants...

Two owned parking spots - rare at this price point, and only one of the reasons this one stands out. Inside, 1,139 sq ft has been fully renovated and opened up into a true open-concept layout, with maple hardwood floors, smooth ceilings with pot lights, and custom solid maple doors throughout. The kitchen flows into the living and dining space and is backed by a full walk-in pantry, so storage is never an issue. Two bedrooms and two full baths, including a 5-piece ensuite, and laundry in the unit. The A/C and heating unit is new and under warranty, and the fridge was replaced in 2023. Step out to the patio, where BBQs are permitted. The building carries an indoor pool, sauna, gym, and a party room with full kitchen, and you're walking distance to Market Lane - the shops, cafes and restaurants that make this pocket of Woodbridge what it is. It's a quiet, well-run building with neighbours who look out for each other. Room to grow into for a young family, easy to lock up and leave for a professional, and a comfortable step down for a downsizer without giving anything up.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13872176
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Kipling Ave & Hwy 7
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Foundation
Concrete
Roof
Asphalt Rolled
Maintenance
$982/mo
Exposure
South East
Property tax
$2,608 / 2025
Days on market
13
Listing brokerage
RE/MAX PREMIER THE OP TEAM
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

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Neighbourhood & location

West Woodbridge, Vaughan, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$2,911/mo
$139KIncome needed
4.6×Price ÷ income
$672Weekly cost
$9,251Land 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.

71%mortgage
Mortgage $2,911Property tax $217Condo fee $982Total carry $4,111

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)
$2,826per month

Mortgage amount $511,040 · 4.49% over 25 years

$127,760Down payment (20.0%)
$511,040Loan before insurance
$0CMHC premium
$4,025Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,826
Property tax
$217
Condo / maintenance fees
$982
Heating
$0
Estimated monthly cost
$4,025

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

One-time closing costs

Ontario land transfer tax
$9,251
Estimated closing costs
$9,251

Plus your down payment of $127,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,420/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

$336,648Total interest paid
$847,688Total of all payments
Principal $511,040 Interest $336,648
YearPrincipalInterestBalance
1$11,404$22,503$499,636
2$11,922$21,985$487,714
3$12,463$21,444$475,250
4$13,029$20,878$462,221
5$13,621$20,287$448,600
6$14,239$19,668$434,361
7$14,886$19,022$419,475
8$15,562$18,346$403,914
9$16,268$17,639$387,645
10$17,007$16,901$370,639
11$17,779$16,129$352,860
12$18,586$15,321$334,273
13$19,430$14,477$314,843
14$20,312$13,595$294,531
15$21,235$12,673$273,296
16$22,199$11,709$251,097
17$23,207$10,701$227,891
18$24,260$9,647$203,630
19$25,362$8,546$178,269
20$26,513$7,394$151,755
21$27,717$6,190$124,038
22$28,976$4,932$95,062
23$30,291$3,616$64,771
24$31,667$2,241$33,104
25$33,104$803$0

At the end of your 5-year term

Total paid over the term
$169,538
Principal paid down
$62,440
Interest paid
$107,098
Balance remaining
$448,600

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
3.3%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.

6.4%
Gross yield
− Property tax $2,608− Condo fees $11,782− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,322

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

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