313-53 Woodbridge Avenue, Vaughan, ON

West Woodbridge, Vaughan · MLS® N14029566

$1,389,000
For Sale
Listed 6 days agoNo offer date stated
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3Bedrooms
2Bathrooms
2Garage
1600-1799Sq ft

About this home

In short

  • Luxury Living at Piazza Woodbridge in Market Lane.
  • Experience refined living in this exquisitely renovated,move-in ready residence in the prestigious & Simply the Best-Built Condo in Market Lane.
  • Designed withimpeccable taste and high-end finishes throughout, this spacious condo offers 3 full bedrooms and 2luxurious bathrooms, providing the perfect blend of...

Luxury Living at Piazza Woodbridge in Market Lane. Experience refined living in this exquisitely renovated,move-in ready residence in the prestigious & Simply the Best-Built Condo in Market Lane! Designed withimpeccable taste and high-end finishes throughout, this spacious condo offers 3 full bedrooms and 2luxurious bathrooms, providing the perfect blend of comfort and sophistication. The open, airy layout isideal for entertaining family and guests, while the prime Market Lane location places fine dining, boutiqueshopping, and essential amenities just steps from your door. Perfect for those looking to downsize withoutcompromising on elegance, space, or lifestyle

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14029566
Bedrooms
3
Bathrooms
2
Size
1600-1799 sq ft
Cross streets
Kipling Ave & Hwy 7
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Concrete
Maintenance
$1,390/mo
Exposure
East
Property tax
$5,132 / 2026
Days on market
6
Listing brokerage
REAL ESTATE ADVISORS INC.

Rooms

Utility RoomFlat2.84 × 1.57 m
Dining RoomFlat6.17 × 3.45 m

hardwood floor · combined w/library · open concept

Primary BedroomFlat5.66 × 4.98 m

4 pc ensuite · hardwood floor · walk-in closet(s)

Bedroom 3Flat3.99 × 2.84 m

double closet · hardwood floor · window

Living RoomFlat6.10 × 5.18 m

hardwood floor · juliette balcony · open concept

KitchenFlat3.99 × 3.12 m

granite counters · updated

Bedroom 2Flat3.71 × 2.71 m

double closet · hardwood floor · window

BreakfastFlat3.12 × 1.27 m

combined w/kitchen · w/o to balcony

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.35Mlikely sale price

Listed at $1,389,000. Going by how homes in West Woodbridge and the wider GTA have actually closed against their asking prices (about 97%, 9 local closings in 90 days), the likely sale price is near $1.35M, if it sells. A realistic range is $1.27M to $1.46M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$1.27MBelow recent closings$1.46MAbove recent closings

Total price vs nearby homes. Likely closing about $1.35M, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$791Kmedian sold price
97%of asking, on average
+20%prices vs a year ago
~31 dayshomes like this take to sell
6days on market so far
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 9 condo apartment homes for sale in the area against 9 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $817/sqft against an area asking average of $729/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.08M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in West Woodbridge, so I widened the search to the surrounding area.

Based on 9 comparable homes that sold in West Woodbridge over the past two years, from 76 closings there.

What sellers nearby are askingCurrently listed nearby in West Woodbridge · asking prices
$849kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $1.07M, which is where my estimate comes from.

Per square foot, these ask about $754/sqft; this home lists at $817/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.39MThis home1000k828k800k849k768kThis home vs active comparables

Sold price trend

Median sold price for condos in Vaughan: $505K in September 2026, down 4% from a year ago, on 795 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Vaughan as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$570K71
November 2025$565K67
December 2025$538K50
January 2026$520K49
February 2026$575K54
March 2026$538K72
April 2026$525K62
May 2026$552K79
June 2026$547K92
July 2026$570K73
August 2026$523K64
September 2026$505K62

Neighbourhood & location

West Woodbridge, 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.

Vaughan Corporate Centre
$493K
Concord
$563K
Vellore Village
$500K
Maple
$600K
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
$6,331/mo
$283KIncome needed
4.9×Price ÷ income
$1,461Weekly cost
$24,255Land 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.

78%mortgage
Mortgage $6,331Property tax $428Condo fee $1,390Total carry $8,148

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)
$6,144per month

Mortgage amount $1,111,200 · 4.49% over 25 years

$277,800Down payment (20.0%)
$1,111,200Loan before insurance
$0CMHC premium
$7,962Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,144
Property tax
$428
Condo / maintenance fees
$1,390
Heating
$0
Estimated monthly cost
$7,962

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

One-time closing costs

Ontario land transfer tax
$24,255
Estimated closing costs
$24,255

Plus your down payment of $277,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,436/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

$732,005Total interest paid
$1,843,205Total of all payments
Principal $1,111,200 Interest $732,005
YearPrincipalInterestBalance
1$24,797$48,931$1,086,403
2$25,923$47,805$1,060,480
3$27,100$46,628$1,033,379
4$28,331$45,398$1,005,049
5$29,617$44,111$975,432
6$30,962$42,767$944,470
7$32,367$41,361$912,103
8$33,837$39,891$878,266
9$35,373$38,355$842,892
10$36,979$36,749$805,913
11$38,659$35,070$767,254
12$40,414$33,314$726,840
13$42,249$31,479$684,592
14$44,167$29,561$640,425
15$46,172$27,556$594,252
16$48,269$25,459$545,984
17$50,460$23,268$495,523
18$52,751$20,977$442,772
19$55,147$18,582$387,625
20$57,650$16,078$329,975
21$60,268$13,460$269,707
22$63,004$10,724$206,703
23$65,865$7,863$140,838
24$68,856$4,873$71,982
25$71,982$1,746$0

At the end of your 5-year term

Total paid over the term
$368,641
Principal paid down
$135,768
Interest paid
$232,873
Balance remaining
$975,432

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$5,450/mo
$65,400Gross annual rent
2.6%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.

4.7%
Gross yield
− Property tax $5,132− Condo fees $16,676− Insurance $600− Vacancy & upkeep $7,194Net operating income $35,798

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL ESTATE ADVISORS INC.. MLS®/PropTx.

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