$1,039,000 - 24 Lucerne Drive, Vaughan
Townhouse for Sale in Vaughan
48 days on market- MLS Number
- N13057134
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 48
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- TFN REALTY INC.
Freehold Townhouse In Vaughans Highly Desirable Vellore Village! Recently Painted, Bright & Welcoming Home Featuring An Open Concept Layout With Hardwood Floors On Main, 2nd Floor & Basement. Custom Kitchen With High-End Cabinets, Granite Countertops & Updated S/S Appliances. Spacious Bedrooms Including A Huge Primary Retreat With 5-Pc Ensuite Featuring Jacuzzi Tub & Dream Walk-In Closet. Thousands Spent On Upgrades: Interlock & Landscaping, Wide Stamped Concrete Driveway, Updated Stucco Facade, Epoxy Garage Floors W/ Shelving, Cozy Interlocked Backyard With Walkout Access From Both Inside The Home And From The Garage! Finished Basement With Bedroom & Ample Storage. Major Updates: Windows (2021), Roof & Insulation (2020), Furnace & HWT (2016), AC (2015). Perfect For First-Time Buyers, Families Or Downsizers. Located In A Vibrant Community. Walking distance to Mattew Park, Top-Rated Schools, Vellore Village CC, Shopping Plazas, Community Centre & Easy Access To Hwy 400. A Must See! Will Not Disappoint!
Estimate your monthly payments for this property
Estimated Payment
$4,595.85/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.
24 Lucerne Drive, Vaughan
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Rental income estimator & ROI calculator
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
Competitive Pricing
At $693/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 48 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.
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 3 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 $4,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.