223-7373 Martingrove Road, Vaughan, ON

Vaughan Grove, Vaughan · MLS® N13873520

$489,000
For Sale
Listed 1 day agoNo offer date stated

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2Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to Villa Giardino, a well-maintained and sought-after seniors' community in the heart of Woodbridge.
  • This sun-filled corner unit offers 765 sq. ft. of functional living space with 2 bedrooms and 1 bathroom, and a true abundance of natural light.
  • Enjoy updated kitchen cabinets, parquet hardwood floors in the living room and both bedrooms, ensuite laundry, and a private balcony with an excellent view of the...
  • Close to transit, shopping, restaurants, community centres, and walking trails, with easy access to Highways 7, 400, and 407.

Welcome to Villa Giardino, a well-maintained and sought-after seniors' community in the heart of Woodbridge. This sun-filled corner unit offers 765 sq. ft. of functional living space with 2 bedrooms and 1 bathroom, and a true abundance of natural light. Enjoy updated kitchen cabinets, parquet hardwood floors in the living room and both bedrooms, ensuite laundry, and a private balcony with an excellent view of the green space behind, offering complete privacy. California shutters and updated motorized bedroom shades included. Reasonable maintenance fees include all utilities: heat, water, and hydro. Convenient underground parking and a dedicated storage locker. The building is known for its landscaped courtyard, quiet and clean atmosphere, and a welcoming community with a great selection of activities for seniors. Close to transit, shopping, restaurants, community centres, and walking trails, with easy access to Highways 7, 400, and 407. A wonderful opportunity to enjoy the Villa Giardino lifestyle.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
N13873520
Bedrooms
2
Bathrooms
1
Size
700-799 sq ft
Cross streets
Martin Grove and Hwy 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$681/mo
Exposure
South East
Property tax
$2,411 / 2025
Days on market
1
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

FoyerMain2.48 × 4.42 m
Living RoomMain3.15 × 4.44 m
Primary BedroomMain3.19 × 4.14 m
KitchenMain3.95 × 3.47 m
BedroomMain2.50 × 4.12 m
Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Vaughan Grove, Vaughan, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$2,229/mo
$108KIncome needed
4.5×Price ÷ income
$514Weekly cost
$6,255Land 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.

72%mortgage
Mortgage $2,229Property tax $201Condo fee $681Total carry $3,110

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)
$2,163per month

Mortgage amount $391,200 · 4.49% over 25 years

$97,800Down payment (20.0%)
$391,200Loan before insurance
$0CMHC premium
$3,045Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,163
Property tax
$201
Condo / maintenance fees
$681
Heating
$0
Estimated monthly cost
$3,045

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

One-time closing costs

Ontario land transfer tax
$6,255
Estimated closing costs
$6,255

Plus your down payment of $97,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,618/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

$257,704Total interest paid
$648,904Total of all payments
Principal $391,200 Interest $257,704
YearPrincipalInterestBalance
1$8,730$17,226$382,470
2$9,126$16,830$373,344
3$9,541$16,415$363,803
4$9,974$15,982$353,829
5$10,427$15,529$343,403
6$10,900$15,056$332,502
7$11,395$14,561$321,107
8$11,912$14,044$309,195
9$12,453$13,503$296,742
10$13,019$12,937$283,723
11$13,610$12,346$270,113
12$14,228$11,728$255,886
13$14,874$11,082$241,012
14$15,549$10,407$225,463
15$16,255$9,701$209,208
16$16,993$8,963$192,215
17$17,765$8,191$174,450
18$18,571$7,385$155,879
19$19,414$6,542$136,464
20$20,296$5,660$116,168
21$21,217$4,739$94,951
22$22,181$3,775$72,770
23$23,188$2,768$49,582
24$24,241$1,715$25,341
25$25,341$615$0

At the end of your 5-year term

Total paid over the term
$129,781
Principal paid down
$47,797
Interest paid
$81,983
Balance remaining
$343,403

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.

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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$2,400/mo
$28,800Gross annual rent
3.0%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 $2,411− Condo fees $8,169− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,452

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

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