2302-8960 JANE Street, Vaughan, ON

Vellore Village, Vaughan · MLS® N14079956

$549,000
For Sale
Listed 1 day agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to Charisma Condo- South Tower - Built By Greenpark.
  • Fantastic 2 Bedroom 2 Bathroom Unit With Large Balcony.
  • With easy access to Highways 400 and 407, commuting throughout the GTA is a breeze.

Welcome to Charisma Condo- South Tower - Built By Greenpark. Fantastic 2 Bedroom 2 Bathroom Unit With Large Balcony. Great South West View. Large Kitchen With Centre Island And Quartz Counters. Ensuite Laundry .Experience the best of Vaughan, available for lease. Featuring a bright, modern layout, this stylish home offers the perfect blend of comfort, functionality.Ideally located in Vaughan's vibrant urban hub, you'll enjoy convenient access to shopping and dining at Vaughan Mills, nearby parks, cafés, and entertainment destinations. With easy access to Highways 400 and 407, commuting throughout the GTA is a breeze. Don't miss this opportunity to buy this stunning Condo! ***Property Taxes are not assessed yet***.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14079956
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Jane & Rutherford
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$616/mo
Exposure
South West
Days on market
1
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Living RoomMain6.63 × 3.40 m

laminate · open concept · w/o to balcony

Bedroom 2Main3.05 × 2.90 m

closet · laminate

Dining RoomMain6.63 × 3.40 m

centre island · combined w/kitchen · open concept

KitchenMain6.63 × 3.40 m

laminate · quartz counter · stainless steel appl

Primary BedroomMain3.35 × 3.05 m

walk-in closet(s) · 3 pc ensuite · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$531Klikely sale price

Listed at $549,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $531K, typically $501K to $575K. Comparable closings on their own put this home around $536K, which supports the ask, so this is a firm read.

List price
$501KBelow recent closings$575KAbove recent closings

Total price vs nearby homes. Likely closing about $531K, from 7 recent closings in this pocket.

The market behind the math:

7sold nearby · 90 days
$575Kmedian sold price
95%of asking, on average
−9%prices vs a year ago
~33 dayshomes like this take to sell
1days on market so far
$2,821/moest. rent · 18 leases
6.2%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.7 months of inventory: 11 condo apartment homes for sale in the area against 7 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 $732/sqft against an area asking average of $809/sqft.

How this estimate is builtthe short version

I take the 7 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

Based on 7 comparable homes that sold in Vellore Village over the past two years, from 49 closings there.

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

Vellore Village, 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
$561K
Maple
$611K
Vaughan Corporate Centre
$511K
East Woodbridge
$579K
Beverley Glen
$574K

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
$2,502/mo
$122KIncome needed
4.5×Price ÷ income
$577Weekly cost
$7,455Land 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 $2,502Estimated property tax $343Condo fee $616Total carry $3,461

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,428per month

Mortgage amount $439,200 · 4.49% over 25 years

$109,800Down payment (20.0%)
$439,200Loan before insurance
$0CMHC premium
$3,388Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,428
Estimated property tax
$343
Condo / maintenance fees
$616
Heating
$0
Estimated monthly cost
$3,388

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

One-time closing costs

Ontario land transfer tax
$7,455
Estimated closing costs
$7,455

Plus your down payment of $109,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,939/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

$289,324Total interest paid
$728,524Total of all payments
Principal $439,200 Interest $289,324
YearPrincipalInterestBalance
1$9,801$19,340$429,399
2$10,246$18,895$419,153
3$10,711$18,430$408,442
4$11,198$17,943$397,244
5$11,706$17,435$385,538
6$12,238$16,903$373,300
7$12,793$16,348$360,507
8$13,374$15,767$347,133
9$13,981$15,160$333,152
10$14,616$14,525$318,536
11$15,280$13,861$303,256
12$15,973$13,167$287,283
13$16,699$12,442$270,584
14$17,457$11,684$253,127
15$18,250$10,891$234,877
16$19,078$10,063$215,799
17$19,944$9,197$195,855
18$20,850$8,291$175,005
19$21,797$7,344$153,208
20$22,786$6,355$130,422
21$23,821$5,320$106,601
22$24,902$4,239$81,699
23$26,033$3,108$55,666
24$27,215$1,926$28,451
25$28,451$690$0

At the end of your 5-year term

Total paid over the term
$145,705
Principal paid down
$53,662
Interest paid
$92,043
Balance remaining
$385,538

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
From 18 whole-home leases in Vellore Village$2,821/mo
$33,852Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,680 to $2,962Typical rent range
~21 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 18 whole-home leases in Vellore Village signed at a median of $2,423 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,821. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.2%
Gross yield
− Property tax $3,843− Condo fees $7,390− Insurance $600− Vacancy & upkeep $3,724Net operating income $18,296

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

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