$1,699,000

For saleJust listed

506 Vaughan Mills Road, Vaughan (Islington Woods) - Single Family for Sale

506 Vaughan Mills Road, Vaughan (Islington Woods), Ontario, L4H1G9

4 beds4 baths7 parking3,250 ft²60 × 133 ft (7,993 sq ft) lot sizeListed 4 days ago

Overview

This 4-bedroom, 4-bathroom home in Vaughan is for sale offering roughly 3,250 sq ft of space. Listed at $1,699,000, it is attractively priced about 13% below the $1,949,900 median asking price in Vaughan. It has been on the market 4 days, fresher than the Vaughan average of 56 days.

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Description

Rarely Offered, Original Owners, Pride of Ownership! Detached Upgraded 4 Beds + 4 Baths with Coveted 3-Car Tandem Garage Situated on 60 x133 Ft. Lot in Prestigious Islington Woods! This Distinguished Family Home Features an Exceptional Opportunity to Enjoy Luxury Living in One of Vaughans' Most Prestigious & Desirable Communities. Surrounded by Mature Trees & Professional Landscaping, The Property Offers Endless Opportunities with both Interior & Exterior Entertaining. Thoughtfully Designed, this Dwelling Exudes a Functional, Practical Layout not Compromising Privacy or Space. Upper Floor Consists of a Primary Retreat Furnished with a Walk-In Closet & Ensuite Bath. Three Additional Bedrooms are Spacious & Bright with a Servicing Washroom. Main Floor Boasts Living & Dining Rooms, Mudroom with Entrance from Garages; Main Floor Laundry, Open Concept Living, Comfortable Family Room (with 2 Skylights & Gas Fireplace) extending from Renovated Kitchen with Centre Island & Custom Cabinetry. Walk-Out to Private Oversized Backyard Oasis: 5 Ft. Deep Saltwater Pool with Outdoor Covered Kitchen Area Including: BBQ; Pizza Oven, Cabana with 2-Pc Bath, Golf Putting Area. The Fully Finished Basement Enhances the Living Space with a Fully Equipped Second Kitchen, Open to Family/Living Space, Gas Fireplace, 3-Pc Bath, Separate Staircase Entrance from Garage & Mudroom, Creating an Inviting In-Law Suite. (id:66096)

Property Details

MLS®: N14135378
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 7
Interior Size: 3,250 ft²
Lot Size: 60 × 133 ft (7,993 sq ft)
Frontage: 60 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Pool: Yes
Ownership

Features

Appliances: Washer, Dishwasher, Dryer, Microwave, Hood Fan, Two stoves, Two Refrigerators
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Vaughan (Islington Woods) listings, avg age

56d

Price / ft²

$523

List price

$1.70M

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 4-bed single family in Vaughan (Islington Woods) has been listed for 4 days, which is 52 days fresher than the city average of 56. Act while there is still low competition.

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Listed by CENTURY 21 PARKLAND LTD. · ANNETTE NUNNO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4H)

This home lists at $1,699,000, about 11.8× the local median household income of $144,000.

Carrying it typically needs a household income of about $331,874 (20% down, 25-yr amortization, stress-tested) — roughly 130% above the area median.

Median household income: $144,000
Population: 77,353
Median age: 37.6
Owner / renter: 92% / 8%
Avg. household size: 3.5

Source: Statistics Canada, 2021 Census (FSA L4H)

$1,699,000· $523/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $339,800

Min 20%50%

Mortgage payment$7,246/mo

Property tax (est.)$642/mo

Total monthly$7,888

Cash Needed to Close

Down payment (20%)$339,800

Land transfer tax$30,455

Est. closing costs$7,597

Total cash needed$377,852

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