$1,338,000 - 14 Lady Loretta Lane, Vaughan
Detached for Sale in Vaughan
66 days on market- MLS Number
- N12983158
- Property Type
- Detached
- Status
- active
- Days on Site
- 66
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- RIGHT AT HOME REALTY
The Only One! Welcome To This Cozy & Cute, with Spacious Open Concept Layout 4+1 Bedroom, 5 Bathrooms, 2 Kitchen, 2 Laundries, Finished Basement Suite! Stunning Fully Detached Home In The Highly Sought-After Community Of Patterson! This Tastefully Renovated Gem Is Nestled On One Of The Neighbourhood's Most Desirable Streets & Checks Every Box. Sophisticated Open Concept Layout Exudes Warmth & Character Throughout. Main Floor Impresses With Soaring 9Ft Ceilings, Rich Hardwood Floor, Expansive Living & Dining Area Perfect For Entertaining, Cozy Gas Fireplace & A Showstopping Spiral Solid Oak Staircase That Adds Timeless Elegance And Charm. Upgraded Chef's Kitchen Features Stunning Quartz "Waterfall" Countertops, Professional Gas Stove - A Dream For Cooking Enthusiasts - Abundance Of Counter Space & A Large Bright Breakfast Area W/ Modern Upgraded Lighting, Perfect For Morning Gatherings! Convenient Main Floor Laundry. 2nd Flr Offers A Luxurious Primary Bdrm Retreat W/ Spa-Inspired Ensuite & Walk-In Closet. Generously Sized Secondary Bedrooms Connected By A Stylish Jack-And-Jill Bath, Plus A Private Balcony Off One Of The Bdrms - A Rare & Coveted Bonus! Fully Finished Basement Suite W/ Separate Entrance Through The Garage Features A Self-Contained 1 Bdrm Suite Complete W/ Full Kitchen, 4Pc Bathroom & Separate Laundry - Perfect For Extended Family Or Exceptional Income Potential! Enjoy One Of The Finest Backyards On The Street With Outstanding Privacy Courtesy Of Generous Lot Separation From Neighbouring Homes. Located In The Prestigious Peterson Neighbourhood With Top-Rated Schools, Parks & Amenities. A True Turnkey Masterpiece - Don't Miss This Opportunity, Come & Make It Yours! Newer Appliances [Gas Stove 24, Fridge 2024, Dishwasher 2024, Washer & Dryer 2024]
Estimate your monthly payments for this property
Estimated Payment
$5,918.43/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.
14 Lady Loretta Lane, 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
Fair Market Value
At $892/sqft, this property is priced in line with current Vaughan market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 66 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.
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.
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 $5,575 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.