$3,338,000 - 223 Crestwood Road, Vaughan
Detached for Sale in Vaughan
49 days on market- MLS Number
- N13052096
- Property Type
- Detached
- Status
- active
- Days on Site
- 49
- Bedrooms
- 5
- Bathrooms
- 8
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Stunning Custom-Built Bungalow Masterpiece! Offering Over 7,000 Sq. Ft. Of Luxurious Living Space, This Home Showcases Upscale Finishes And A Finished Walk-Up Basement. Situated On A 75' X 151' Lot With A Heated Driveway And Garage, It Also Comes With A City-Approved Permit For An Additional 800 Sq. Ft. Loft (See Attached Drawings). Designed With A Desirable South Exposure, The Home Features Two Separate Entrances And A Grand Foyer That Opens To Soaring 14 Ft Ceilings On The Main Floor, 16 Ft In The Kitchen, And 9 Ft In The Basement. Premium Finishes Include Hardwood Floors Throughout, Whole-Home Audio, And 200+ Pot Lights. The Custom Gourmet Kitchen Boasts Cathedral Ceilings, Top-Of-The-Line Appliances, A Breakfast Area With A Walkout To The Yard, And Elegant Custom Window Coverings. Additional Highlights Include Two Fireplaces, Two Full Kitchens, A Custom Office With Built-In Bookshelves, And Designer Light Fixtures. Each Bedroom Is Complete With Its Own Bathroom For Ultimate Comfort. The Luxurious Finished Basement Is An Entertainers Dream, Featuring A Gym With Dry Sauna And 3-Pc Bath, A Theatre Room, A Massive Rec/Entertainment Space With A Custom Bar And Walk-In Wine Cellar, Plus Two Bedrooms With Ensuite Baths. This Home Truly Has It All. Every Upgrade, Every Detail, And Every Modern Convenience.
Estimate your monthly payments for this property
Estimated Payment
$14,765.10/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.
223 Crestwood Road, Vaughan
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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
Fair Market Value
At $954/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 49 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 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 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 8 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.