$1,599,000 - 119 Chancellor Drive, Vaughan
Detached for Sale in Vaughan
New — Listed 2 days ago- MLS Number
- N13462848
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to this spacious and meticulously maintained 4-bedroom, 3-bathroom home, nestled in a highly sought-after family-friendly neighborhood. Boasting exceptional curb appeal, professionally landscaped grounds, and a welcoming covered double-door entry, this home offers the perfect blend of comfort, functionality, and style. Step inside to a grand foyer and discover sun-filled living spaces enhanced by large windows that flood the home with natural light. The thoughtfully updated kitchen and bathrooms complement the generous principal rooms, while the spacious eat-in kitchen features a convenient walk-out to the backyard, ideal for everyday living and entertaining. The impressive primary bedroom retreat offers a private ensuite bathroom and an oversized double closet, creating a comfortable sanctuary for relaxation. The professionally finished lower level adds valuable living space with a bright recreation room, pot lights, and a beautifully renovated bathroom. A standout feature of this home is the self-contained lower-level suite with its own kitchen, bathroom, and separate side entrance-perfect for extended family, a nanny suite, independent adult children, or multi-generational living. Ideally located close to shopping, major retailers, restaurants, schools, parks, public transit, and everyday amenities, this exceptional property offers the space, versatility, and convenience today's families are looking for. A rare opportunity to own a move-in-ready home with flexible living options in a fantastic location. Wonderful Place to Call Home.
Estimate your monthly payments for this property
Estimated Payment
$7,072.92/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.
119 Chancellor Drive, 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.
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 $6,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.