142 Farooq Boulevard, Vaughan

Price: $999,999

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13090558

Welcome To 142 Farooq Blvd In The Highly Sought-After Area Of Vellore Village!! Graet Location!! This Freehold 3+1 Townhouse Comes With All Luxury Amenities!! This Beuaty Comes With Stone/Brick Exterior!! Hardwood Staircase!!9'Ft Ceiling!!Hardwood Floor In Living And Family Room With Gas Fireplace!!Open Concep Nice Size Kitchen With Attached Serveries!! Stainless Steels Appliances!! Small Deck For Yoy To Enjoy!! Huge Master Bedroom With Walk In Closet And 5pcs Ensuite Washroom!! Other 2 Bedrooms Are Very Good Size As Well!! Finished Walk Out Basement Can Be Used As Office/Yoga Room/Man Cave/Exercise Room. Partially Sone Extended Driveway And Backyard!! Walking Distance To All Amenities!! Conveniently Located 2nd Floor Laundry!!

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$999,999 - 142 Farooq Boulevard, Vaughan

Townhouse for Sale in Vaughan

41 days on market
4Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13090558
Property Type
Townhouse
Status
active
Days on Site
41
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Vaughan
Listing Brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Description

Welcome To 142 Farooq Blvd In The Highly Sought-After Area Of Vellore Village!! Graet Location!! This Freehold 3+1 Townhouse Comes With All Luxury Amenities!! This Beuaty Comes With Stone/Brick Exterior!! Hardwood Staircase!!9'Ft Ceiling!!Hardwood Floor In Living And Family Room With Gas Fireplace!!Open Concep Nice Size Kitchen With Attached Serveries!! Stainless Steels Appliances!! Small Deck For Yoy To Enjoy!! Huge Master Bedroom With Walk In Closet And 5pcs Ensuite Washroom!! Other 2 Bedrooms Are Very Good Size As Well!! Finished Walk Out Basement Can Be Used As Office/Yoga Room/Man Cave/Exercise Room. Partially Sone Extended Driveway And Backyard!! Walking Distance To All Amenities!! Conveniently Located 2nd Floor Laundry!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.51/mo

Includes CMHC insurance ($27,900)

$
$
5%10%50%

5-yr fixed avg.

Principal: $899,999Interest: $611,255
Mortgage Amount$927,899
Total Interest$611,255
Est. Property Tax$708/mo
Total Cost$1,539,154

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

142 Farooq Boulevard, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,164

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 $667/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 41 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Vaughan have shown strong appreciation as families seek more space.

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 $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    142 Farooq Boulevard, Vaughan | $999,999 | Battaglia Team