$999,000 - 116 Butterfield Crescent, Vaughan
Detached for Sale in Vaughan
New — Listed 3 days ago- MLS Number
- N13425170
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- SAGE REAL ESTATE LIMITED
There's a particular confidence that settles over a home that has only ever belonged to one family. It is a house chosen once, lived in fully, and looked after the way you tend to something you mean to keep. After all these years, its original owners are ready to hand it on.Inside, the home unfolds with a scale and intention that modern family life rarely affords. More than 2,600 square feet are distributed across generous principal rooms, four well-proportioned bedrooms, and three bathrooms, with spaces shaped as much for everyday living as for the occasions that mark time. The updated kitchen opens naturally into the dining room, where holiday dinners, birthday candles, and late, lingering conversations feel immediately imaginable. Nearby, the living room, anchored by a fireplace, offers a quieter place to land at the end of the day. Below, a separate basement apartment with its own backyard entrance adds a layer of flexibility that feels increasingly rare: room for multigenerational living, visiting guests, a private workspace, or rental income. Additional storage keeps the practical side of family life elegantly out of sight.Outside, a double-car garage and ample driveway parking bring everyday convenience to a home already rich with possibility. It is substantial without feeling showy, cared for without feeling precious, and ready for its next chapter with the kind of quiet assurance only a long-loved home can carry.For the family looking for more room, more flexibility, and a place where life can unfold over years rather than seasons, this is the kind of home that stays with you.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
5-yr fixed avg.
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.
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
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.
116 Butterfield Crescent, Vaughan
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $400/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Vaughan's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Vaughan are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Vaughan.
Bathroom Count Matters
With 4 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 $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.