164 Salterton Circle, Vaughan

Price: $1,099,999

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N12904912

***Completely Freehold! No POTL Fee!***Sun-filled corner unit in the heart of Maple, this townhome boasts an exceptional open-concept layout. Soaring 10-feet ceilings on ground floor, 9-feet ceiling on 2nd and 3rd floors. Third floor has a large master bedroom with 4-piece ensuite and a huge walk-in closets. Two other good sized bedrooms all have large windows to make them warm and cozy. Second floor has the modern kitchen connects to a large breakfast area, contains a spacious granite island and stainless steel appliances with a European-style Kitchen Range Hood. Step outside from the Kitchen and Breakfast area to your own private deck. Combined Living room and Dining room are spacious! Ground floor has a bright room featuring a private 2-piece washroom, ideal for a guest suite or home office. Direct garage access, Driveway can park two cars with one garage parking Total can park three cars. Five-minute walk to Maple GO Station, Walmart, Supermarket, shops and restaurants around the corner. Schools, parks, playgrounds, and the community center make it the perfect neighbourhood to raise your family. This is a rare opportunity to own a home that truly has it all.

164 Salterton Circle - Townhouse photo 1 of 1 in Vaughan, Ontario
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$1,099,999 - 164 Salterton Circle, Vaughan

Townhouse for Sale in Vaughan

New — Listed 3 days ago
4Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N12904912
Property Type
Townhouse
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Vaughan
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

***Completely Freehold! No POTL Fee!***Sun-filled corner unit in the heart of Maple, this townhome boasts an exceptional open-concept layout. Soaring 10-feet ceilings on ground floor, 9-feet ceiling on 2nd and 3rd floors. Third floor has a large master bedroom with 4-piece ensuite and a huge walk-in closets. Two other good sized bedrooms all have large windows to make them warm and cozy. Second floor has the modern kitchen connects to a large breakfast area, contains a spacious granite island and stainless steel appliances with a European-style Kitchen Range Hood. Step outside from the Kitchen and Breakfast area to your own private deck. Combined Living room and Dining room are spacious! Ground floor has a bright room featuring a private 2-piece washroom, ideal for a guest suite or home office. Direct garage access, Driveway can park two cars with one garage parking Total can park three cars. Five-minute walk to Maple GO Station, Walmart, Supermarket, shops and restaurants around the corner. Schools, parks, playgrounds, and the community center make it the perfect neighbourhood to raise your family. This is a rare opportunity to own a home that truly has it all.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,865.67/mo

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5-yr fixed avg.

Principal: $879,999Interest: $579,701
Mortgage Amount$879,999
Total Interest$579,701
Est. Property Tax$779/mo
Total Cost$1,459,700

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

164 Salterton Circle, 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)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$2,072

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $733/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Vaughan's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 4 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 $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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