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Multi-Family for Sale in Vaughan
137 days on market- MLS Number
- N12644962
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 137
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- ROYAL LEPAGE FLOWER CITY REALTY
Beautiful detached home across from Ravine offers approximately 2921 Sq. Ft. living space with additional space in the finished basement. Double door entry leads to a mudroom that takes you to a spacious and bright open to above main hall way. Formal living and dining area with hardwood floors and beautiful crown molding. Kitchen with convenient access to the formal dining area and has granite countertops ,S/S Appliances, S/S hood fan , backsplash and a spacious eat in area that walks out to the backyard. Hardwood Floors Thru-out In Main And 2ndFloor, Interlocking Brick Path And Patio, Garden Shed, Fully Finished Basement With 5 Pc Bathroom With Jaccuzzi, 2 spacious bedrooms and a separate entrance. Newer Heater(2019), Newer Roof (2019,) newer furnace (2024), For additional convenience, A newer shower installed on the main floor (2025. Second floor with 4 spacious bedrooms and a lounge/ sitting area.
Estimate your monthly payments for this property
Estimated Payment
$6,881.83/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.
15 Thistle Ridge Drive, Vaughan
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Rental income estimator & ROI calculator
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 $622/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.
Negotiation Opportunity
At 137 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.
Excellent Flexibility
With 6 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 $6,483 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.