114 Michelle Drive, Vaughan

Price: $799,900

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: N13061046

Welcome To This Stunning Fully Renovated Freehold Townhome Nestled In The Heart Of Highly Sought-After East Woodbridge! Nearly 2,000 sq.ft of total living space.Meticulously Updated With Professional Craftsmanship Throughout, This Beautiful Turn-Key Residence Features 3 Spacious Bedrooms, Updated Bathrooms, A Professionally Finished Basement, A Private Fully Fenced Backyard, And Newly Installed Front Interlock Driveway Offering Parking For Up To 4 Cars Outside Plus Garage Parking - A Rare And Highly Desirable Feature In The Area. Move In And Enjoy With Nothing Left To Do.Extensively Renovated From Top To Bottom, Recent Improvements Include Brand New Flooring, New Staircase Finishes, New Ceilings, Modern Light Fixtures, And Freshly Repainted Walls, Doors, Window Trims And Cabinetry Throughout, Creating A Bright, Elegant And Cohesive Interior. The Modern Kitchen Features Granite Countertops, A New Stove And Range Hood, Along With Updated Cabinet Hardware And New Door Handles Throughout The Home. Major Appliances Including Fridge, Dishwasher, Washer And Dryer Have Also Been Replaced In Recent Years.The Main Floor Offers A Sun-Filled Open-Concept Living And Dining Area Ideal For Everyday Family Living And Entertaining, Complemented By A Cozy Breakfast Area With Walk-Out To The Private Backyard. Upstairs Showcases Generously Sized Bedrooms Including A Comfortable Primary Retreat, While The Professionally Finished Basement Provides Valuable Additional Living Space Perfect For A Recreation Room, Home Office, Gym Or Guest Suite.Situated In One Of Woodbridge's Most Family-Friendly Communities, Steps To Excellent Schools, Parks, Shopping, Restaurants, Major Transit, Vaughan Metropolitan Centre Subway, Hwy 7, 400 & 407. Ideally located within easy walking distance to Fortinos, Canadian Tire, and Best Buy, with everyday conveniences right at your doorstep. An Exceptional Freehold Opportunity Combining Luxury Upgrades, Practical Space And Unbeatable Convenience!

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$799,900 - 114 Michelle Drive, Vaughan

Townhouse for Sale in Vaughan

50 days on market
3Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
N13061046
Property Type
Townhouse
Status
active
Days on Site
50
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Vaughan
Listing Brokerage
RE/MAX EXCEL REALTY LTD.
Description

Welcome To This Stunning Fully Renovated Freehold Townhome Nestled In The Heart Of Highly Sought-After East Woodbridge! Nearly 2,000 sq.ft of total living space.Meticulously Updated With Professional Craftsmanship Throughout, This Beautiful Turn-Key Residence Features 3 Spacious Bedrooms, Updated Bathrooms, A Professionally Finished Basement, A Private Fully Fenced Backyard, And Newly Installed Front Interlock Driveway Offering Parking For Up To 4 Cars Outside Plus Garage Parking - A Rare And Highly Desirable Feature In The Area. Move In And Enjoy With Nothing Left To Do.Extensively Renovated From Top To Bottom, Recent Improvements Include Brand New Flooring, New Staircase Finishes, New Ceilings, Modern Light Fixtures, And Freshly Repainted Walls, Doors, Window Trims And Cabinetry Throughout, Creating A Bright, Elegant And Cohesive Interior. The Modern Kitchen Features Granite Countertops, A New Stove And Range Hood, Along With Updated Cabinet Hardware And New Door Handles Throughout The Home. Major Appliances Including Fridge, Dishwasher, Washer And Dryer Have Also Been Replaced In Recent Years.The Main Floor Offers A Sun-Filled Open-Concept Living And Dining Area Ideal For Everyday Family Living And Entertaining, Complemented By A Cozy Breakfast Area With Walk-Out To The Private Backyard. Upstairs Showcases Generously Sized Bedrooms Including A Comfortable Primary Retreat, While The Professionally Finished Basement Provides Valuable Additional Living Space Perfect For A Recreation Room, Home Office, Gym Or Guest Suite.Situated In One Of Woodbridge's Most Family-Friendly Communities, Steps To Excellent Schools, Parks, Shopping, Restaurants, Major Transit, Vaughan Metropolitan Centre Subway, Hwy 7, 400 & 407. Ideally located within easy walking distance to Fortinos, Canadian Tire, and Best Buy, with everyday conveniences right at your doorstep. An Exceptional Freehold Opportunity Combining Luxury Upgrades, Practical Space And Unbeatable Convenience!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

$
$
5%10%50%

5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Vaughan

Discover Vaughan

Vaughan is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Vaughan

  • Convenient location in Vaughan
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Vaughan offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

114 Michelle Drive, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$1,816

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $727/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 50 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Vaughan have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Vaughan properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    114 Michelle Drive, Vaughan | $799,900 | Battaglia Team