A Higher Standard of Living at 5 Emerald Lane! Enjoy penthouse living with beautiful, unobstructed south-facing views at the prestigious Menkes-built Eiffel Towers. This spacious, well-appointed suite offers a bright, inviting atmosphere and expansive views that take full advantage of its elevated position. Well-maintained throughout, the unit features laminate flooring and stainless steel appliances. Residents enjoy an impressive selection of amenities, including 24-hour gated security, visitor parking, guest suites, and an outdoor swimming pool. Ideally located within walking distance of transit, local shops, grocery stores, and restaurants, this penthouse offers a wonderful combination of elevated living, everyday comfort, and convenience.
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $723 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.
Inside 5 Emerald Lane #Ph307
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
5 Emerald Lane #Ph307 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14115766$434,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5 Emerald Lane #Ph307 Compares to the Vaughan Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,132
/mo
based on the purchase price of $434,000
$86,800 cash
$347,200 financed
$292,434 total interest
Principal54%$347,200
Interest46%$292,434
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
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.
For homeowners nearby
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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.
Similar homes for sale nearby in Vaughan
Other 1-bed homes for sale in Vaughan around $434K.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings1,583Homes for sale here right now.
Median vs prior 90 days+5.8%Compared with Apr 29 – Jul 28, 2026: prices up.
Based on 1,201 sales from Jul 28 – Oct 26, 2026 (864 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale · 1 for rent at 5 Emerald Lane — plus its sale and lease history.
5 Emerald Lane #Ph307 is listed at $434,000 (MLS® N14115766). Summitly updates the price as soon as the MLS® record changes.
Is $434,000 a good price for 5 Emerald Lane #Ph307?
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
Has the price of 5 Emerald Lane #Ph307 changed?
No — 5 Emerald Lane #Ph307 is still listed at its original asking price of $434,000.
How many bedrooms and bathrooms does 5 Emerald Lane #Ph307 have?
5 Emerald Lane #Ph307 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Vaughan.
Is 5 Emerald Lane #Ph307 close to transit?
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. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 5 Emerald Lane #Ph307?
About $2,132 a month — principal and interest on $434,000 with 20% down ($86,800), 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.
How does 5 Emerald Lane #Ph307 compare with other homes in Vaughan?
Its asking price of $434,000 is about 62% below the median sold price in Vaughan over the last 90 days, $1,147,500, across 1,201 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.
Has 5 Emerald Lane #Ph307 been sold before?
Summitly has no earlier MLS® sale or lease of 5 Emerald Lane #Ph307 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5 Emerald Lane #Ph307?
5 Emerald Lane #Ph307 is in Vaughan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5 Emerald Lane #Ph307 been on the market?
5 Emerald Lane #Ph307 was listed today (October 26, 2026).
What is the price per square foot of 5 Emerald Lane #Ph307?
About $621 to $723 per square foot: the asking price of $434,000 over the 600–699 sq ft the listing gives as its size range.
Does 5 Emerald Lane #Ph307 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
