$2,380,000 - 120 Riverside Drive, Vaughan
Detached for Sale in Vaughan
- MLS Number
- N13153860
- Property Type
- Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- RE/MAX EXPERTS
Experience unmatched privacy and tranquility in this one-of-a-kind custom-built home, nestled on a beautifully landscaped 49.9 ft x 182 ft lot backing directly onto the Humber River. With approximately 3,445 sq ft of above-grade living space, this exceptional property is located on a quiet, sought-after street in East Woodbridge, close to schools, parks, and everyday amenities. Main floor features 9-ft ceilings, expansive principal rooms, and elegant finishes including hardwood and travertine tile flooring throughout. The gourmet kitchen is designed for both functionality and entertaining, showcasing a large center island, stainless steel appliances, and custom cabinetry. A bright breakfast area and family room walk out to a serene backyard setting offering unparalleled natural beauty along the riverbank. The additional open-concept living and dining area creates the perfect environment for hosting, while a thoughtfully designed laundry/mudroom with garage access adds everyday convenience and functionality. Upstairs, a large skylight sits high above the open staircase, you'll find 8-ft ceilings, hardwood flooring, and ample storage. The primary bedroom is a private retreat, featuring a balcony with river views, walk-in closet, and a spa-like ensuite with soaking tub and separate shower. Each additional generously-sized bedroom includes its own ensuite bathroom and walk-in closet, offering comfort and privacy. The finished basement features 9-ft ceilings and a versatile layout. Highlights include a private exercise room with floor-to-ceiling mirrors, a cozy entertainment room with gas fireplace, a 3-piece bathroom with steam shower, a second kitchen perfect for extended family or entertaining and a dedicated home office. The backyard is enveloped by mature trees and the natural beauty of the Humber River. This private outdoor space features multiple patios and seating areas, perfect for relaxing, entertaining, or simply enjoying the tranquil sounds of nature.
Estimate your monthly payments for this property
Estimated Payment
$10,527.54/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.
120 Riverside 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 $793/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 26 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 3,000 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.
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 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.