169 Faust Ridge, Vaughan

Price: $2,188,800

7 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N12943472

Welcome to 169 Faust Ridge located in the beautiful, family community of Kleinburg! Only 10 min to Hwy 400 or 15 min to Hwy 427, this corner lot, full brick and stone home has 5000sqft of finished living space including the legal basement apartment. Enter through the double doors into soaring, 10ft ceilings on main, engineered hardwood floors, California shutters and over 100 custom installed potlights and LED fixtures throughout. Rest in one of the spacious 5 bedrooms with the main attraction being the huge primary bedroom, complete with recessed ceilings, accent walls, 5 pc ensuite and not one, but two walk-in closets. Additional bedrooms include shared and private ensuite bathrooms, double door closets, engineered hardwood, California shutters and potlights in each completing the flow of the home. Entertain in luxury from the gourmet kitchen with stainless steel appliances, granite countertops and kitchen island, or any one of the designated living, family or dining rooms. Need a home office? Well, there are 2! Both tucked away with just the right amount of privacy but not far from the family festivities. Basement has been thoughtfully split for the main section of the home to include a finished rec room or gym while the other side includes a legal, 2 bedroom basement apartment with separate side entrance, 9ft ceilings, kitchen, bathroom, vinyl flooring, living area and tons of closet storage. Double garage with in-home entrance equipped with 240v heater, kitchenette with induction cooktop and exhaust, and pre-wired Tesla charger.

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active
New Listing
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$2,188,800 - 169 Faust Ridge, Vaughan

Detached for Sale in Vaughan

New — Listed 4 days ago
7Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N12943472
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
7
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Vaughan
Listing Brokerage
ONE PERCENT REALTY LTD.
Description

Welcome to 169 Faust Ridge located in the beautiful, family community of Kleinburg! Only 10 min to Hwy 400 or 15 min to Hwy 427, this corner lot, full brick and stone home has 5000sqft of finished living space including the legal basement apartment. Enter through the double doors into soaring, 10ft ceilings on main, engineered hardwood floors, California shutters and over 100 custom installed potlights and LED fixtures throughout. Rest in one of the spacious 5 bedrooms with the main attraction being the huge primary bedroom, complete with recessed ceilings, accent walls, 5 pc ensuite and not one, but two walk-in closets. Additional bedrooms include shared and private ensuite bathrooms, double door closets, engineered hardwood, California shutters and potlights in each completing the flow of the home. Entertain in luxury from the gourmet kitchen with stainless steel appliances, granite countertops and kitchen island, or any one of the designated living, family or dining rooms. Need a home office? Well, there are 2! Both tucked away with just the right amount of privacy but not far from the family festivities. Basement has been thoughtfully split for the main section of the home to include a finished rec room or gym while the other side includes a legal, 2 bedroom basement apartment with separate side entrance, 9ft ceilings, kitchen, bathroom, vinyl flooring, living area and tons of closet storage. Double garage with in-home entrance equipped with 240v heater, kitchenette with induction cooktop and exhaust, and pre-wired Tesla charger.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,681.80/mo

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5-yr fixed avg.

Principal: $1,751,040Interest: $1,153,500
Mortgage Amount$1,751,040
Total Interest$1,153,500
Est. Property Tax$1,550/mo
Total Cost$2,904,540

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

169 Faust Ridge, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,250/mo
Range: $4,463 - $6,037
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,250
Maintenance Fees-$0
Property Tax (est.)-$1,550
Insurance (est.)-$456
Net Cash Flow+$3,244

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 $625/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.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 7 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.

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