$1,199,000 - 164 Canada Drive, Vaughan
Detached for Sale in Vaughan
- MLS Number
- N13193140
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- COLDWELL BANKER SUN REALTY
Absolutely Charming & Extensively Upgraded, one of a kind home! 4+1 Bed & 3 Bath, Fully Detached in the coveted Vellore Village! Location, Location, Location! This home has been highly upgraded with thousands spent on the exterior, including a Metal Roofing System (2024), Stucco Elevation Upgrade throughout front/side/back of home (2024), Fully Interlocked Extended Driveway, and Backyard, with pot lights in ground throughout. Making your way inside you are greeted to approximately 3000+ sq ft of total living space, with a functional & open concept layout, 9 ft ceilings, separate family, dining, and living room, with no carpet in the home. Hardwood throughout the main floor, oak staircase, upgraded and extended kitchen cabinets in your eat-in kitchen, which walks out to your oasis-like & Private patio backyard. Heading upstairs you are greeted to 4 full sized bedrooms, Primary room offers a walk-in closet and 4 Piece Ensuite. The basement has been fully finished, with a separate kitchen, and open concept living area, custom fireplace and wall designs, amazing finishes throughout. The oversized driveway, can park up-to 4 cars. This home is turn-key and ready for you and your family Minutes To major Highways. Shopping, Restaurants, Cafe's, Schools, Parks And Trails! Note: some images have been virtually enhanced/staged.
Estimate your monthly payments for this property
Estimated Payment
$5,303.58/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.
164 Canada 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 $600/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 19 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.
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 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 $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.