Vaughan, ON · L4J 8P7 · MLS® N12908902Updated
$423,000Est. $2,078/mo mortgage
5 Emerald Lane #306 is a 1-bedroom, 1-bathroom condo in Vaughan, listed for $423,000. It has 600-699 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Bright and Spacious Condo Apartment. Close To Amenities, Parks, Public Transit, Place of Worship, and more.
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $705 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
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Parking & garage
Interior
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Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Vaughan market reportSold prices are shown free to signed-in members, as board rules require.
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8960 Jane Street
2 bd · 2 ba · Condo
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9245 Jane Street
1 bd · 2 ba · Condo
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7300 Yonge Street
2 bd · 2 ba · Condo
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2916 Highway 7 N/A
1 bd · 1 ba · Condo
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50 Upper Mall Way
2 bd · 2 ba · Condo
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11 Townsgate Drive
2 bd · 2 ba · Condo
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This homeUnit 306 — 5 Emerald Lane 1 bd · 1 ba · 600 sqft | $423,000asking | $705 | — | — |
| 8960 Jane Street 2 bd · 2 ba · 1,200 sqft | ||||
| 9245 Jane Street 1 bd · 2 ba · 800 sqft | ||||
| 7300 Yonge Street 2 bd · 2 ba · 1,400 sqft | ||||
| 2916 Highway 7 N/A 1 bd · 1 ba · 600 sqft | ||||
| 50 Upper Mall Way 2 bd · 2 ba · 800 sqft | ||||
| 11 Townsgate Drive 2 bd · 2 ba · 1,000 sqft |
2 bd · 2 ba · 1,200 sqft
1 bd · 2 ba · 800 sqft
2 bd · 2 ba · 1,400 sqft
1 bd · 1 ba · 600 sqft
2 bd · 2 ba · 800 sqft
2 bd · 2 ba · 1,000 sqft
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
From 5 Emerald Lane #306. Typical times without traffic delays; transit times aren't available yet.
What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
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20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Listing brokerage: RE/MAX REALTRON REALTY INC., BrokerageMLS® N12908902 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Other 1–2 bed homes for sale in Vaughan around $423K.
Homes for sale in Vaughan
Every active Vaughan MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 1,175 sales from Jul 18 – Oct 16, 2026 (824 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1 for rent at 5 Emerald Lane — plus its sale and lease history.
Closest first, straight-line distance
School attendance boundaries change, and a nearby school may not serve this address. Check school boundaries with the board before you rely on them.
Stations and stops, straight-line distance
Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.
6 of 7 everyday essentials within a 10-minute walk
Most everyday errands can be done on foot around Vaughan.
Groceries
Parks & playgrounds
Pharmacy & clinics
Cafés & restaurants
Bus & streetcar stops
Gyms & recreation
A transparent count, not a trademarked score: how many of 7 everyday needs have at least one place within about 800 m.
The 8 closest schools to this home, nearest first.
620 m8 minClosest· Elementary · 288 Pleasant Avenue
650 m8 min· Elementary · Catholic · 290 York Hill Boulevard
750 m9 min· Elementary · Catholic · 15 St. Paschal Court
950 m12 min· 80 York Hill Boulevard
1.0 km13 min· Elementary · 366 Mullen Drive
1.1 km13 min· Elementary · 350 Hilda Avenue
1.1 km14 min· Secondary · 425 Patricia Avenue
1.1 km14 min· Elementary · 425 Patricia Avenue
Distance is not enrolment: public and Catholic boards assign schools by attendance boundary. Confirm with the local school board's school locator before you buy.
Nearest subway, GO and LRT stations first, then bus and streetcar stops. 28 stops within a 10-minute walk.
100 m1 min
150 m2 min
190 m2 min
250 m3 min
280 m4 min
320 m4 min
340 m4 min
410 m5 min
15 within a 10-minute walk of this home. Nearest first.
580 m7 minClosest
680 m8 min
850 m11 min
990 m12 min
6 within a 10-minute walk of this home. Nearest first.
440 m6 minClosest
480 m6 min
510 m6 min
550 m7 min
700 m9 min
770 m10 min
1.2 km15 min· 441 Clark Avenue West
1.4 km18 min· 6220 Yonge Street
4 within a 10-minute walk of this home. Nearest first.
560 m7 minClosest
680 m8 min
690 m9 min
1.2 km15 min
1.3 km16 min
1.5 km18 min· 6464 Yonge Street
1.8 km23 min
1.8 km23 min
7 within a 10-minute walk of this home. Nearest first.
430 m5 minClosest
460 m6 min
480 m6 min
490 m6 min
500 m6 min
710 m9 min
1.2 km15 min
1.4 km17 min· 6464 Yonge Street
15 within a 10-minute walk of this home. Nearest first.
430 m5 minClosest
430 m5 min
460 m6 min
460 m6 min
470 m6 min
490 m6 min
500 m6 min
500 m6 min
The closest gyms & recreation to this home, nearest first.
1.4 km18 minClosest· 6464 Yonge Street
The closest libraries to this home, nearest first.
1.4 km18 minClosest· 900 Clark Avenue West
2.5 km· 578 Finch Avenue West
Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.
5 Emerald Lane #306 is listed at $423,000 (MLS® N12908902). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Vaughan. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Yes — it was first listed at $460,000 and is now $423,000, a drop of $37,000 (8.0%).
5 Emerald Lane #306 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Vaughan.
The 4 closest schools to 5 Emerald Lane #306 in a straight line are Pleasant Public School (Elementary, Toronto District School Board), about 620 m (about a 8-minute walk); Blessed Scalabrini Catholic Elementary School (Elementary · Catholic, York Catholic District School Board), about 650 m (about a 8-minute walk); St. Paschal Baylon Catholic School (Elementary · Catholic, Toronto Catholic District School Board), about 750 m (about a 9-minute walk); and Eitz Chaim School - Spring Farm Campus, about 950 m (about a 12-minute walk). School attendance boundaries change, and a nearby school may not serve this address. Check school boundaries with the board before you rely on them. School locations are from OpenStreetMap.
The nearest rapid-transit station is Finch Station (Line 1), about 2.4 km in a straight line. North York Centre Station is about 3.6 km, and Sheppard-Yonge Station is about 4.3 km. The closest bus or streetcar stop is Steeles Avenue at Emerald Lane, about 100 m (about a 1-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
About $2,078 a month — principal and interest on $423,000 with 20% down ($84,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Its asking price of $423,000 is about 63% below the median sold price in Vaughan over the last 90 days, $1,140,000, across 1,175 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 5 Emerald Lane #306 on record from the last two years. Older records aren't shown under TRREB rules.
5 Emerald Lane #306 is in Vaughan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
207 days — 5 Emerald Lane #306 was listed on March 23, 2026.
About $605 to $705 per square foot: the asking price of $423,000 over the 600–699 sq ft the listing gives as its size range.
