707-120 Promenade Circle, Vaughan, ON
Brownridge, Vaughan · MLS® N14010464
About this home
In short
- Welcome to Royal Promenade.
- An exceptional opportunity to make this spacious 1,227 sq ft suite your own.
- Lovingly maintained in its original condition, this bright and inviting 2 bedroom, 2 bathroom residence offers generous room sizes, a highly desirable split bedroom...
- Building amenities include 24 hour gated security, an outdoor swimming pool and ample visitor parking.
- Move in and enjoy as is, or renovate and create a home perfectly suited to your own style.
Welcome to Royal Promenade! An exceptional opportunity to make this spacious 1,227 sq ft suite your own. Lovingly maintained in its original condition, this bright and inviting 2 bedroom, 2 bathroom residence offers generous room sizes, a highly desirable split bedroom layout and unobstructed north west views. The spacious kitchen features a separate breakfast area and includes a refrigerator, stove and dishwasher. Two full bathrooms, excellent living and dining space, underground parking and a locker, add to the comfort and convenience. Enjoy outstanding value with an all-inclusive maintenance fee covering heat, air conditioning, hydro, water, cableTV and parking. Building amenities include 24 hour gated security, an outdoor swimming pool and ample visitor parking. Ideally located in a welcoming, established neighbourhood just minutes from shopping, transit, schools, restaurants and everyday convenience. Move in and enjoy as is, or renovate and create a home perfectly suited to your own style. A wonderful opportunity for buyers looking for space, convenience and value in a sought-after community.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- N14010464
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1200-1399 sq ft
- Cross streets
- Centre & Promenade Circle
- Parking
- 1 garage (built-in)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,182/mo
- Exposure
- North
- Property tax
- $3,282 / 2026
- Days on market
- 6
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rooms
3 pc ensuite · north view · broadloom
3 pc ensuite · combined w/dining
closet · broadloom
combined w/living · renovated
Window
breakfast area · ceramic backsplash · ceramic floor
combined w/living · west view · window
Closet
combined w/dining · renovated
Window
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.
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For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.
Per square foot, these ask about $560/sqft; this home lists at $476/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Brownridge, Vaughan, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $495,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,738
- Property tax
- $274
- Condo / maintenance fees
- $1,182
- Heating
- $0
- Estimated monthly cost
- $4,194
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,855
- Estimated closing costs
- $8,855
Plus your down payment of $123,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $164,283
- Principal paid down
- $60,504
- Interest paid
- $103,778
- Balance remaining
- $434,696
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.