950 Portage Parkway Unit 5901, Vaughan

Price: $409,000

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N13823828

Not many units in the building sit this high. From the 59th floor, the north-facing views are wide open and unobstructed, and the large private balcony lets you take it all in from outside - a real standout feature at this height. Inside, the layout works well for everyday living. The kitchen, dining, and living area form one large, open space, with floor-to-ceiling windows pulling natural light in throughout the day. A good-sized bathroom and enclosed den round things out, giving you flexible space for a home office or extra storage. You're in the heart of the Vaughan Metropolitan Centre, steps from the subway and right on top of transit connecting straight into the city, yet 59 floors up keeps you well above the noise. VMC continues to grow with new shops, restaurants, and offices arriving, plus quick access to Vaughan Mills, York University, and the highways. Book a showing and see the view for yourself.

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$409,000 - 950 Portage Parkway Unit 5901, Vaughan

Condo for Sale in Vaughan

Popular Listing

Neighbourhood: Vaughan Corporate Centre

2Beds
1Baths
500Sq Ft
Condo

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Property Details
MLS Number
N13823828
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Vaughan
Taxes (2025)
$2,381
Maintenance Fees
$440/mo
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX PREMIER INC.
Description

Not many units in the building sit this high. From the 59th floor, the north-facing views are wide open and unobstructed, and the large private balcony lets you take it all in from outside - a real standout feature at this height. Inside, the layout works well for everyday living. The kitchen, dining, and living area form one large, open space, with floor-to-ceiling windows pulling natural light in throughout the day. A good-sized bathroom and enclosed den round things out, giving you flexible space for a home office or extra storage. You're in the heart of the Vaughan Metropolitan Centre, steps from the subway and right on top of transit connecting straight into the city, yet 59 floors up keeps you well above the noise. VMC continues to grow with new shops, restaurants, and offices arriving, plus quick access to Vaughan Mills, York University, and the highways. Book a showing and see the view for yourself.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,098.38/mo

Includes CMHC insurance ($11,411)

$
$
5%10%50%

5-yr fixed avg.

Principal: $368,100Interest: $250,004
Mortgage Amount$379,511
Total Interest$250,004
Est. Property Tax$290/mo
Total Cost$629,515

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Vaughan Corporate Centre

Discover Vaughan Corporate Centre

Vaughan Corporate Centre is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Vaughan Corporate Centre

  • •Convenient location in Vaughan
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Vaughan Corporate Centre offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

950 Portage Parkway Unit 5901, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$440
Property Tax (est.)-$290
Insurance (est.)-$85
Net Cash Flow+$1,385

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $818/sqft, this property is priced in line with current Vaughan market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $440/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Vaughan Corporate Centre

I know Vaughan Corporate Centre well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    950 Portage Parkway Unit 5901, Vaughan | $409,000 | Battaglia Team