950 Portage Parkway 2005

Vaughan Corporate Centre, Vaughan, L4K 0J7 · More in this building

$539,000

2 bedrooms
2 bathrooms
1 parking
600-699 sq ft

Listed 7 days ago · MLS® N13988482

About this home

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.

Details

Type: Condo Apartment
Style: Apartment
Size: 600-699 sq ft
Basement: None
Garage: Underground
Kitchens: 1
Property tax: $2,630 (2025)
Maintenance fee: $450/month
Neighbourhood: Vaughan Corporate Centre
Municipality: Vaughan
Price per sq ft: $830 (5% above condo apartments in Vaughan Corporate Centre, $789)
Fee per sq ft: $0.69/month (Vaughan median $0.86)

Interior

Bedrooms: 2 above ground
Bathrooms: 2 × 4-piece
Rooms: 5 above ground
Family room or den: Yes
Fireplace: Yes
Laundry: Ensuite
Features: Carpet Free

Heating, cooling and services

Heating: Forced Air, Gas
Air conditioning: Central Air

Building and exterior

Style: Apartment
Exterior: Brick, Concrete

Parking

Garage spaces: 1
Total parking: 1

Condo

Monthly fee: $450
Fee includes: Common Elements Included, Building Insurance Included
Amenities: Gym, Concierge, Party Room/Meeting Room
Balcony: Open
Exposure: East
Pets: Yes-with Restrictions
Property manager: 360 Community Management Ltd

Possession: TBD
Nearby: Public Transit
Cross street: Jane & Highway 7

Rooms

Room	Size	Features
Bedroom	3.28 × 3.07 m (10'9" × 10'1")	4 Pc Ensuite, Closet, East View
Bedroom 2	2.59 × 2.69 m (8'6" × 8'10")	East View, Closet, Sliding Doors
Kitchen	5.99 × 3.05 m (19'8" × 10')	Combined w/Living, East View, B/I Appliances
Bathroom		B/I Vanity, Tile Floor
Bathroom		B/I Vanity, Tile Floor

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

🚇 Vaughan Metropolitan Centre Subway7 min walk
🚇 Highway 407 Subway1.7 km
🚆 Rutherford GO5.0 km

Within a 10-minute walk: 2 grocery stores, 17 cafés and restaurants, 0 parks, 1 pharmacy. Nearest grocery: Mapletri Supermarket (600 m).

Who lives here postal area L4K

Owners / renters: 68% / 32%
Median household income: $92,000
Average age: 40
Children under 15: 13%
Homes: 36% detached, 38% high-rise
Commute by transit: 14%
Population: 20,172

Languages spoken most at home besides English: Russian 6.3%, Italian 3.4%, Mandarin 2.9%, Yue (Cantonese) 2.1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for York Region police: 50 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 21 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by KELLER WILLIAMS EDGE REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Estimated monthly cost

Mortgage: $2,360
Property tax: $219
Maintenance: $450
Total: $3,030

$107,800 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $107,800
Land transfer tax: $7,255
Legal and other costs: ~$2,500
Total: $117,555

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

Adjust the numbers

Rental potential

$2,600/month

Typical asking rent for 2 bedroom condos like this within 1 km (50 for rent now; most $2,500–$2,700).

As a rental, with 20% down

Rent: $2,600
Mortgage: −$2,360
Property tax: −$219
Maintenance fee: −$450
Insurance, repairs, vacancy: −$191
Cash flow: −$621/month

Cap rate 3.9% · gross yield 5.8%. Rentals need 20% down. Rough figures before income tax; ask us for a full analysis.

Rent control: Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

See rentals nearby