2005-950 Portage Parkway, Vaughan, ON

Vaughan Corporate Centre, Vaughan · MLS® N13988482

$539,000
For Sale
Listed 6 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to 950 Portage Parkway, where modern living meets unmatched convenience in the heart of Vaughan Metropolitan Centre.
  • This spacious 2-bedroom suite features floor-to-ceiling windows, contemporary finishes, modern appliances, and two full bathrooms designed for comfortable everyday...
  • Residents also enjoy the peace of mind of 24-hour concierge service.
  • Located just steps from Vaughan Metropolitan Centre Station, commuting to downtown Toronto is effortless via TTC Line 1.

Welcome to 950 Portage Parkway, where modern living meets unmatched convenience in the heart of Vaughan Metropolitan Centre. This spacious 2-bedroom suite features floor-to-ceiling windows, contemporary finishes, modern appliances, and two full bathrooms designed for comfortable everyday living.The thoughtfully designed layout offers bright, open living spaces, in-suite laundry, and the added convenience of one included parking space. Residents also enjoy the peace of mind of 24-hour concierge service.Located just steps from Vaughan Metropolitan Centre Station, commuting to downtown Toronto is effortless via TTC Line 1. Surrounded by shopping, restaurants, entertainment, and everyday conveniences, and just minutes from York University, this is an ideal opportunity for professionals, students, families, and investors alike.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13988482
Bedrooms
2
Bathrooms
2
Size
600-699 sq ft
Cross streets
Jane & Highway 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$450/mo
Exposure
East
Property tax
$2,630 / 2025
Days on market
6
Listing brokerage
KELLER WILLIAMS EDGE REALTY

Rooms

Bedroom3.28 × 3.07 m

4 pc ensuite · closet · east view

Bathroom

b/i vanity · tile floor

Kitchen5.99 × 3.05 m

combined w/living · east view · b/i appliances

Bathroom

b/i vanity · tile floor

Bedroom 22.59 × 2.69 m

east view · closet · sliding doors

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 Vaughan Corporate Centre · asking prices
$542kavg 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 $834/sqft; this home lists at $830/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
539kThis home539k530k550k520k569kThis home vs active comparables

Neighbourhood & location

Vaughan Corporate Centre, 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.

Concord
$563K
Vellore Village
$500K
Maple
$600K
West Woodbridge
$745K
Brownridge
$557K

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
$2,457/mo
$113KIncome needed
4.8×Price ÷ income
$567Weekly cost
$7,255Land 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.

79%mortgage
Mortgage $2,457Property tax $219Condo fee $450Total carry $3,126

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)
$2,384per month

Mortgage amount $431,200 · 4.49% over 25 years

$107,800Down payment (20.0%)
$431,200Loan before insurance
$0CMHC premium
$3,053Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,384
Property tax
$219
Condo / maintenance fees
$450
Heating
$0
Estimated monthly cost
$3,053

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

One-time closing costs

Ontario land transfer tax
$7,255
Estimated closing costs
$7,255

Plus your down payment of $107,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,886/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

$284,054Total interest paid
$715,254Total of all payments
Principal $431,200 Interest $284,054
YearPrincipalInterestBalance
1$9,623$18,988$421,577
2$10,059$18,551$411,518
3$10,516$18,094$401,002
4$10,994$17,616$390,008
5$11,493$17,117$378,515
6$12,015$16,596$366,501
7$12,560$16,050$353,941
8$13,130$15,480$340,810
9$13,727$14,884$327,083
10$14,350$14,260$312,734
11$15,001$13,609$297,732
12$15,683$12,928$282,050
13$16,395$12,216$265,655
14$17,139$11,471$248,516
15$17,917$10,693$230,599
16$18,731$9,880$211,868
17$19,581$9,029$192,287
18$20,470$8,140$171,817
19$21,400$7,211$150,418
20$22,371$6,239$128,046
21$23,387$5,223$104,660
22$24,449$4,161$80,211
23$25,559$3,051$54,652
24$26,719$1,891$27,933
25$27,933$678$0

At the end of your 5-year term

Total paid over the term
$143,051
Principal paid down
$52,685
Interest paid
$90,366
Balance remaining
$378,515

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
2.5%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.

4.6%
Gross yield
− Property tax $2,630− Condo fees $5,401− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,262

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

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