Vaughan Homes for Sale Under $1 Million – 2026 Listings

Finding an affordable home in Vaughan doesn't mean compromising on quality of life. While the city is known for its premium real estate, there are excellent options under the $1 million mark – particularly in the condo, townhouse, and semi-detached segments.

Where to Find Homes Under $1M in Vaughan

Vaughan Metropolitan Centre (VMC) Condos

The VMC area along Highway 7 offers the most affordable entry point into Vaughan's real estate market. Modern condo buildings with subway access start from the low $500Ks for one-bedroom units and $600K–$750K for two-bedrooms. Buildings like Centro Square, Expo City, and Transit City offer amenity-rich living with direct TTC subway access.

Maple Townhouses

Maple's newer subdivisions include freehold and condo townhouses priced between $750K and $950K. These typically offer 3 bedrooms, 2.5 bathrooms, and a small backyard – perfect for young families looking for more space than a condo without the detached home price tag.

Concord & Jane-Rutherford Corridor

This area offers some of the most competitive pricing in Vaughan. Semi-detached homes occasionally dip below $1M, and townhouse options are plentiful. The trade-off is slightly longer commute times, but Highway 400 access is convenient.

What $900K–$1M Gets You

At the top of the under-$1M range, you can expect:

• Townhouses: 1,400–1,800 sq ft, 3 bedrooms, finished basement, small backyard

• Semi-detached: Older homes (15–25 years) in established neighbourhoods, 1,500–2,000 sq ft

• Condos: Large 2-bedroom + den units in newer buildings, 900–1,100 sq ft, premium views

Tips for Buying Under $1M in Vaughan

Get pre-approved first: In this price range, competition can be fierce. Having a mortgage pre-approval shows sellers you're serious and gives you a clear budget.

Consider resale value: Properties near transit (especially the subway line) tend to appreciate faster. A $600K condo near VMC may outperform a $900K townhouse in a less accessible area over 5–10 years.

Don't overlook maintenance fees: Condo townhouses and condo apartments come with monthly fees. Factor these into your affordability calculation – a $450/month fee is equivalent to roughly $80K–$100K in purchasing power.

Look at pre-construction: Some builders offer new townhouse and condo developments in Vaughan with phased deposit structures, making it easier to get into the market. Be sure to research the builder's track record.

Browse the latest Vaughan listings under $1M below, updated daily from the MLS®.