206 Arnold Avenue, Vaughan

Price: $4,188,000

8 bedrooms, 6 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N13037892

*** Visit the REALTOR website for further information about this Listing *** Welcome to this stunning single-family home nestled in the heart of Thornhill at 206 Arnold Avenue. Offering an impressive 6,600 sq ft of living space on a generous 17,800 sq ft lot, this beautifully maintained 2-storey residence combines space, comfort, and timeless elegance. Featuring 5+3 spacious bedrooms and 6 bathrooms, this home is perfect for large families or those who love to entertain. The thoughtfully designed layout offers bright, open living areas, a cozy fireplace, and plenty of room for both everyday living and hosting guests. Enjoy added convenience with air conditioning, ensuring year-round comfort, along with a separate guest suite-ideal for extended family or visitors. Built in 1989, this home has been well cared for and offers incredible potential in a highly desirable neighborhood. Located close to top schools, parks, shopping, and all essential amenities, this is a rare opportunity to own a truly beautiful property in one of Thornhill's most sought-after areas.

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$4,188,000 - 206 Arnold Avenue, Vaughan

Detached for Sale in Vaughan

46 days on market
8Beds
6Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N13037892
Property Type
Detached
Status
active
Days on Site
46
Bedrooms
8
Bathrooms
6
Square Feet
5,000+ sqft
Neighbourhood
Vaughan
Listing Brokerage
EASY LIST REALTY LTD.
Description

*** Visit the REALTOR website for further information about this Listing *** Welcome to this stunning single-family home nestled in the heart of Thornhill at 206 Arnold Avenue. Offering an impressive 6,600 sq ft of living space on a generous 17,800 sq ft lot, this beautifully maintained 2-storey residence combines space, comfort, and timeless elegance. Featuring 5+3 spacious bedrooms and 6 bathrooms, this home is perfect for large families or those who love to entertain. The thoughtfully designed layout offers bright, open living areas, a cozy fireplace, and plenty of room for both everyday living and hosting guests. Enjoy added convenience with air conditioning, ensuring year-round comfort, along with a separate guest suite-ideal for extended family or visitors. Built in 1989, this home has been well cared for and offers incredible potential in a highly desirable neighborhood. Located close to top schools, parks, shopping, and all essential amenities, this is a rare opportunity to own a truly beautiful property in one of Thornhill's most sought-after areas.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$18,524.94/mo

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5-yr fixed avg.

Principal: $3,350,400Interest: $2,207,081
Mortgage Amount$3,350,400
Total Interest$2,207,081
Est. Property Tax$2,967/mo
Total Cost$5,557,481

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

206 Arnold Avenue, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$6,400/mo
Range: $5,440 - $7,360
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$6,400
Maintenance Fees-$0
Property Tax (est.)-$2,967
Insurance (est.)-$873
Net Cash Flow+$2,560

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

Fair Market Value

At $838/sqft, this property is priced in line with current Vaughan market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 46 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 8 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 6 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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    206 Arnold Avenue, Vaughan — $4,188,000 | Battaglia Team