116 Knightshade Drive, Vaughan

Price: $1,999,000

5 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N13090418

Extensively renovated 4-bedroom home with saltwater pool set on a rare, oversized corner lot in one of the neighbourhood's most desirable pockets. The main floor showcases a large open-to-above entrance that has been renovated with a solid mahogany front door, new tile and a custom entrance closet built-in. The main floor features a private home office with double glass doors. The fully renovated kitchen is a chef's dream, featuring sleek quartz countertops, premium Sub-Zero fridge and Wolf cooktop, seamlessly connecting to the family and dining area with elegant French doors to the backyard. Upstairs, the lavish primary retreat offers a spa-inspired ensuite with heated floors, a soaker tub, custom built double vanity, Aquabrass rain shower with a quartz bench, and custom floor-to-ceiling millwork for extra bathroom storage. The master bedroom walk-in closet has been completely re-designed with a glass custom island and floor-to-ceiling custom millwork and hardware. Additional highlights include newly installed engineered hardwood floors, a newly updated powder room with new tile and vanity, custom window coverings, gas fireplace, thoughtfully designed built-ins in the entrance and bedrooms, new 2nd floor laundry room (2026), and second-floor linen closet (2026).The finished basement features brand new flooring (2026), adding even more functional living space. Step outside to your private oasis - a fully interlocked backyard with a saltwater pool, plus a bonus side yard garden with a serene walkway. Brand new 2026 pool heater and pump just installed. Exterior pot lights enhance the home's curb appeal, complemented by an updated front entrance and a new garage door motor (2026).This is a rare opportunity to own a turnkey home on a premium lot, offering style, comfort, and exceptional outdoor living.

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$1,999,000 - 116 Knightshade Drive, Vaughan

Detached for Sale in Vaughan

41 days on market
5Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N13090418
Property Type
Detached
Status
active
Days on Site
41
Bedrooms
5
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Vaughan
Listing Brokerage
RIGHT AT HOME REALTY
Description

Extensively renovated 4-bedroom home with saltwater pool set on a rare, oversized corner lot in one of the neighbourhood's most desirable pockets. The main floor showcases a large open-to-above entrance that has been renovated with a solid mahogany front door, new tile and a custom entrance closet built-in. The main floor features a private home office with double glass doors. The fully renovated kitchen is a chef's dream, featuring sleek quartz countertops, premium Sub-Zero fridge and Wolf cooktop, seamlessly connecting to the family and dining area with elegant French doors to the backyard. Upstairs, the lavish primary retreat offers a spa-inspired ensuite with heated floors, a soaker tub, custom built double vanity, Aquabrass rain shower with a quartz bench, and custom floor-to-ceiling millwork for extra bathroom storage. The master bedroom walk-in closet has been completely re-designed with a glass custom island and floor-to-ceiling custom millwork and hardware. Additional highlights include newly installed engineered hardwood floors, a newly updated powder room with new tile and vanity, custom window coverings, gas fireplace, thoughtfully designed built-ins in the entrance and bedrooms, new 2nd floor laundry room (2026), and second-floor linen closet (2026).The finished basement features brand new flooring (2026), adding even more functional living space. Step outside to your private oasis - a fully interlocked backyard with a saltwater pool, plus a bonus side yard garden with a serene walkway. Brand new 2026 pool heater and pump just installed. Exterior pot lights enhance the home's curb appeal, complemented by an updated front entrance and a new garage door motor (2026).This is a rare opportunity to own a turnkey home on a premium lot, offering style, comfort, and exceptional outdoor living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,842.25/mo

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5-yr fixed avg.

Principal: $1,599,200Interest: $1,053,475
Mortgage Amount$1,599,200
Total Interest$1,053,475
Est. Property Tax$1,416/mo
Total Cost$2,652,675

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

116 Knightshade Drive, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,416
Insurance (est.)-$416
Net Cash Flow+$2,618

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 $571/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.

Market Position

At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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 5 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.

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    116 Knightshade Drive, Vaughan — $1,999,000 | Battaglia Team