CondoListed today

5 Emerald Lane #101, Vaughan

Name: 5 Emerald Lane, Unit 101
SKU: N14148490
Price: 648900 CAD
Availability: InStock

Vaughan, ON · L4J 8P7 · MLS® N14148490Updated November 4, 2026

$648,900Est. $3,188/mo mortgage

Bedrooms: 2
Bathrooms: 2
Living space: 1200–1399sq ft
Parking spaces: 2

Type Condo
Garage Yes
Basement None

What you should know

5 Emerald Lane #101 is a 2-bedroom, 2-bathroom condo in Vaughan, listed for $648,900. It has 1200-1399 sq ft of living space.

The Kitchen is Equipped With Tons of Counter Space, Full Size Appliances & Is Enhanced By A Custom Pantry, Offering Added Storage Plus the Eat-In Kitchen Area Offers Everyday Functionality.
Retreat To The Tucked Away Generously Sized Principal Bedroom, Complete With A Walk-In Closet, 4PC Ensuite & New Broadloom (2023).
Enjoy The Added Convenience Of An Extra-Large Locker For All Your Storage Needs & 2 Parking Spots (Tandem).

Ask Zara:

2 Bed, 2 Bath Condo in Vaughan

Unit 101 at 5 Emerald Lane

Imagine a Condo That Feels Like a House: A Spacious 1,220 Sq. Ft. 2-Bedroom, 2-Bathroom Suite With a Walkout to Your Own Backyard Terrace . The Northwest-Facing Exposure, Ceiling to Floor Windows & 10 Foot Ceilings Allow for Natural Light All Day From Every Room. The Kitchen is Equipped With Tons of Counter Space, Full Size Appliances & Is Enhanced By A Custom Pantry, Offering Added Storage Plus the Eat-In Kitchen Area Offers Everyday Functionality. The Living & Dining Rooms Feature New Flooring (2023) & The Perfect Entertainment Space For Any Crowd. Retreat To The Tucked Away Generously Sized Principal Bedroom, Complete With A Walk-In Closet, 4PC Ensuite & New Broadloom (2023). The Second Bedroom Has a Double Closet & Room For a King Size Bed With a walk-out To The Terrace. Enjoy The Added Convenience Of An Extra-Large Locker For All Your Storage Needs & 2 Parking Spots (Tandem). Beyond Your Suite, Enjoy An Impressive Selection Of Amenities, Including An Exercise Room, Outdoor Pool, Party/Meeting Room & Ample Visitor Parking. Ideally Situated Just Steps From Transit, Places of Worship, Grocery Stores & Minutes Away from Promenade Mall. Enjoy the Best of Both Worlds With The Feel of a House, a Walkout To Your Own Main-Floor Terrace, & All The Convenience of Condo Living-Without The Upkeep, In The Heart of Thornhill.

2 bedrooms, 2 bathrooms, about 1,200 sq ft, works out to roughly $541 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 #101

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 1200-1399 sq ftas stated on the listing
Parking: 2 spacesYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 2

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

5 Emerald Lane #101 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Nov 4, 2026For saleListedThis listingMLS® N14148490$648,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 5 Emerald Lane #101 Compares to the Vaughan Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 2,064 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Vaughan market, last 90 days

Median sold price: $1,135,000
Average sold price: $1,218,994
Average days on market: 34
Homes sold: 1,138

Closed sales on the TRREB MLS®.

Full Vaughan market report

Recently sold nearby in Vaughan

Sold prices are shown free to signed-in members, as board rules require.

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 101 — 5 Emerald Lane 2 bd · 2 ba · 1,200 sqft	$648,900asking	$541	—	—
10 Gatineau Drive 2 bd · 2 ba · 1,000 sqft
120 Promenade Circle 2 bd · 2 ba · 1,400 sqft
9235 Jane Street 2 bd · 2 ba · 1,200 sqft
333 Clark Avenue 2 bd · 2 ba · 1,600 sqft
7460 Bathurst N/A 2 bd · 1 ba · 1,000 sqft
7950 Bathurst Street 1 bd · 1 ba · 500 sqft

10 Gatineau Drive
2 bd · 2 ba · 1,000 sqft
120 Promenade Circle
2 bd · 2 ba · 1,400 sqft
9235 Jane Street
2 bd · 2 ba · 1,200 sqft
333 Clark Avenue
2 bd · 2 ba · 1,600 sqft
7460 Bathurst N/A
2 bd · 1 ba · 1,000 sqft
7950 Bathurst Street
1 bd · 1 ba · 500 sqft

Living in Vaughan: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 5 Emerald Lane #101

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,188; 20% down · 25 years · 5.5% assumed
Property tax: $357; 0.66% mill rate · ON
Total per month: $3,545; Before utilities, insurance and fees

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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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,188

/mo

based on the purchase price of $648,900

Down payment20%

$129,780 cash

Amortization25 yr

$519,120 financed

Rate5.50%

$437,235 total interest

Principal54%$519,120

Interest46%$437,235

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.

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.

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Listing brokerage: RE/MAX HALLMARK REALTY LTD., BrokerageMLS® N14148490 · Listing data last updated November 4, 2026

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.

For sale· listed Nov 3· $541/sq ft

Estimated monthly mortgage$3,188/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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