188 First Nations Trail, Vaughan

Price: $3,097,000

7 bedrooms, 9 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N13031978

Remarkable, Luxurious Home Situated on Premium 60 Ft Lot w/Walk-Out Basement Backing onto Tranquil Ravine in Kleinburg. Over 7000 Sq Ft of Magnificent Living Space. 3 Car Garage and Extended Driveway. Functional Layout w/ 10 Ft Ceilings on Main Floor and 9 Ft Ceilings on Second Floor and Basement. High End Finishes Throughout. Main Floor Features Separate Living/Dining/Family Areas. Main Floor Bedroom w/Ensuite Bathroom and Walk-in Closet. Fully Upgraded Kitchen w/Waterfall Island, High End Built-in Appliances and Extended Cabinetry. Separate Chef's Kitchen w/Walk-in Pantry. Spacious Family Room w/Coffered Ceilings Overlooking Ravine. Breakfast Area w/Walk Out to Large Deck. Second Floor Features Loft Space and Expansive Primary Suite w/Spa-Like Ensuite Bath and Large Dressing Room. 3 Additional Bedrooms, Each w/Walk-In Closet and Ensuite Bathroom. Uniquely Designed Finished Basement w/9 Ft Ceilings and Walk-out to Ravine Backyard. Luxury Kitchen, Large Living Room w/Fireplace Feature Wall, Powder Room, Glass-Enclosed Gym, Sauna, 2 Bedrooms w/Ensuite Bathrooms.

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$3,097,000 - 188 First Nations Trail, Vaughan

Detached for Sale in Vaughan

54 days on market
7Beds
9Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N13031978
Property Type
Detached
Status
active
Days on Site
54
Bedrooms
7
Bathrooms
9
Square Feet
5,000+ sqft
Neighbourhood
Vaughan
Listing Brokerage
RIGHT AT HOME REALTY
Description

Remarkable, Luxurious Home Situated on Premium 60 Ft Lot w/Walk-Out Basement Backing onto Tranquil Ravine in Kleinburg. Over 7000 Sq Ft of Magnificent Living Space. 3 Car Garage and Extended Driveway. Functional Layout w/ 10 Ft Ceilings on Main Floor and 9 Ft Ceilings on Second Floor and Basement. High End Finishes Throughout. Main Floor Features Separate Living/Dining/Family Areas. Main Floor Bedroom w/Ensuite Bathroom and Walk-in Closet. Fully Upgraded Kitchen w/Waterfall Island, High End Built-in Appliances and Extended Cabinetry. Separate Chef's Kitchen w/Walk-in Pantry. Spacious Family Room w/Coffered Ceilings Overlooking Ravine. Breakfast Area w/Walk Out to Large Deck. Second Floor Features Loft Space and Expansive Primary Suite w/Spa-Like Ensuite Bath and Large Dressing Room. 3 Additional Bedrooms, Each w/Walk-In Closet and Ensuite Bathroom. Uniquely Designed Finished Basement w/9 Ft Ceilings and Walk-out to Ravine Backyard. Luxury Kitchen, Large Living Room w/Fireplace Feature Wall, Powder Room, Glass-Enclosed Gym, Sauna, 2 Bedrooms w/Ensuite Bathrooms.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$13,699.08/mo

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5%20%50%

5-yr fixed avg.

Principal: $2,477,600Interest: $1,632,123
Mortgage Amount$2,477,600
Total Interest$1,632,123
Est. Property Tax$2,194/mo
Total Cost$4,109,723

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

188 First Nations Trail, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$6,000/mo
Range: $5,100 - $6,900
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$6,000
Maintenance Fees-$0
Property Tax (est.)-$2,194
Insurance (est.)-$645
Net Cash Flow+$3,161

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 $619/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 54 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.

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 5,000 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 9 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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    188 First Nations Trail, Vaug… — $3,097,000 | Battaglia Team