208-7608 Yonge Street, Vaughan, ON

Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N14091052

$489,000
For Sale
Listed 2 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

552 Sqft 1 Bdrm+ 50Sqft Balcony In Thornhill With Water Garden Complex/ Luxury Boutique Condo. Walk To Restaurants And Shops. Modern Kitchen With S/S Appliances. Ceiling Outlet In Master Bedroom And Extra Wall Cabinet In Bathroom

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14091052
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Yonge/ Arnold
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$608/mo
Exposure
North
Property tax
$2,149 / 2026
Days on market
2
Listing brokerage
ARCREALTY INC.

Rooms

Living RoomGround5.18 × 3.56 m

Combined w/Dining

KitchenGround3.35 × 2.08 m

granite counters · backsplash

BathroomGround2.74 × 2.74 m
Primary BedroomGround3.05 × 3.00 m

Large Closet

Dining RoomGround5.18 × 3.56 m

Combined w/Living

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 Crestwood-Springfarm-Yorkhill · asking prices
$411kavg 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 $632/sqft; this home lists at $753/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
489kThis home423k410k399kThis home vs active comparables

Neighbourhood & location

Crestwood-Springfarm-Yorkhill, 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.

Brownridge
$557K
Beverley Glen
$572K
Maple
$600K
Concord
$563K
Vellore Village
$500K

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
$2,229/mo
$105KIncome needed
4.6×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.

74%mortgage
Mortgage $2,229Property tax $179Condo fee $608Total carry $3,016

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)
$2,163per month

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

$97,800Down payment (20.0%)
$391,200Loan before insurance
$0CMHC premium
$2,950Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,163
Property tax
$179
Condo / maintenance fees
$608
Heating
$0
Estimated monthly cost
$2,950

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.

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
2.4%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.

5.0%
Gross yield
− Property tax $2,149− Condo fees $7,296− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,849

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

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