117 Theodore Place, Vaughan

Price: $2,699,000

5 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N13247636

* Renovated 5 Bedroom, 6 Washroom Home On Quiet Street In 'Prime Thornhill' Near Yonge/ Steeles!~ Renovated Kitchen! Large Breakfast Bar/ Centre Island W/Stone Counter- Tops!~ * Renovated Washrooms!~ Cathedral Foyer &High & Vaulted Ceilings!~3 Fireplaces!~ Swimming Pool! Large Backyard 2- Tiered Deck!~3rd Floor Loft With 2 Rec. Rms Full Bath & 5th Bedrm+ Finished Lower Level W/ Wet Bar

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New Listing
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$2,699,000 - 117 Theodore Place, Vaughan

Detached for Sale in Vaughan

New — Listed 3 days ago
5Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N13247636
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
5
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Vaughan
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

* Renovated 5 Bedroom, 6 Washroom Home On Quiet Street In 'Prime Thornhill' Near Yonge/ Steeles!~ Renovated Kitchen! Large Breakfast Bar/ Centre Island W/Stone Counter- Tops!~ * Renovated Washrooms!~ Cathedral Foyer &High & Vaulted Ceilings!~3 Fireplaces!~ Swimming Pool! Large Backyard 2- Tiered Deck!~3rd Floor Loft With 2 Rec. Rms Full Bath & 5th Bedrm+ Finished Lower Level W/ Wet Bar

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,938.59/mo

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5%20%50%

5-yr fixed avg.

Principal: $2,159,200Interest: $1,422,376
Mortgage Amount$2,159,200
Total Interest$1,422,376
Est. Property Tax$1,912/mo
Total Cost$3,581,576

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

117 Theodore Place, 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)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,912
Insurance (est.)-$562
Net Cash Flow+$1,976

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 $771/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.

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 6 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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    117 Theodore Place, Vaughan — $2,699,000 | Battaglia Team