$1,199,900 - 116 Patrice Crescent, Vaughan
Detached for Sale in Vaughan
60 days on market- MLS Number
- N13008674
- Property Type
- Detached
- Status
- active
- Days on Site
- 60
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Welcome to 116 Patrice Cres, a beautifully maintained family residence nestled on a quiet street in prestigious Thornhill, featuring desirable south exposure and exceptional curb appeal. This elegant home offers a functional open-concept layout with 3+1 bedrooms and 3 bathrooms, filled with abundant natural light.The main floor showcases laminate flooring, spacious living and dining areas, and a warm, inviting family room with fireplace perfect for everyday living and entertaining. The updated Kitchen features a eat in breakfast area, modern finishes, backsplash, and garburator. The primary bedroom retreat offers a walk-in closet and 4 piece ensuite, large window overlooking the well cared for garden/backyard, complemented by generously sized additional bedrooms. The finished basement provides a large recreation room and an additional bedroom, ideal for extended family, guests, or flexible living space. Minutes to Promenade Mall, Walmart, T&T Supermarket, No Frills, Winners, HomeSense, restaurants, cafes, and everyday conveniences. Easy access to Hwy 407 & 7, GO Transit, and TTC. Located in a highly sought-after community, steps to Rosedale Park, Garnet A. Williams Community Centre, as well as nearby Bathurst Estates Park and Downham Green Park , as well as nearby golf courses including Uplands Golf & Ski Club and Thornhill Golf & Country Club, Within walking distance to many synagogues. Top rated schools, Pride of ownership throughout.Enjoy the large backyard with patio stone and beautifully landscaped garden.
Estimate your monthly payments for this property
Estimated Payment
$5,307.56/mo
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 Patrice 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 $800/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 60 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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Vaughan. Good resale value as demand remains consistent.
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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.