241 Canada Drive, Vaughan

Price: $1,059,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13175290

Welcome To 241 Canada Drive - A Rare Offering That Combines The Feel Of A Detached Home With The Convenience Of An End-Unit Townhouse. Featuring A Unique Split-Level Design, Only The Garage And Upper Level Connect To The Adjacent Home, Providing Added Privacy And Separation.This Beautifully Upgraded 3-Bedroom, 3-Bathroom Residence Showcases Hardwood Flooring, Elegant Crown Moulding, And A Modern Staircase With Iron Pickets. The Bright Contemporary Kitchen Features Smooth Ceilings And An Open-Concept Layout Ideal For Entertaining.The Spacious Primary Bedroom Offers A Walk-In Closet And A Private Ensuite Retreat. Large Basement Windows Fill The Lower Level With Natural Light, Creating The Perfect Space For A Family Room, Home Office, Or Gym.Enjoy Outdoor Living On The Wrap-Around Porch And Appreciate The Extended Driveway With Parking For Up To Five Vehicles. Situated On A Premium Lot, This Home Also Features Upgraded Modern Front And Garage Doors, Direct Garage Access, And Multiple Backyard Access Points Including A Convenient Side Entrance.An Exceptional Opportunity To Own A Stylish And Functional Home In A Highly Desirable Setting!

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$1,059,000 - 241 Canada Drive, Vaughan

Detached for Sale in Vaughan

3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13175290
Property Type
Detached
Status
active
Days on Site
21
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Vaughan
Listing Brokerage
HOMELIFE KINGSVIEW REAL ESTATE INC.
Description

Welcome To 241 Canada Drive - A Rare Offering That Combines The Feel Of A Detached Home With The Convenience Of An End-Unit Townhouse. Featuring A Unique Split-Level Design, Only The Garage And Upper Level Connect To The Adjacent Home, Providing Added Privacy And Separation.This Beautifully Upgraded 3-Bedroom, 3-Bathroom Residence Showcases Hardwood Flooring, Elegant Crown Moulding, And A Modern Staircase With Iron Pickets. The Bright Contemporary Kitchen Features Smooth Ceilings And An Open-Concept Layout Ideal For Entertaining.The Spacious Primary Bedroom Offers A Walk-In Closet And A Private Ensuite Retreat. Large Basement Windows Fill The Lower Level With Natural Light, Creating The Perfect Space For A Family Room, Home Office, Or Gym.Enjoy Outdoor Living On The Wrap-Around Porch And Appreciate The Extended Driveway With Parking For Up To Five Vehicles. Situated On A Premium Lot, This Home Also Features Upgraded Modern Front And Garage Doors, Direct Garage Access, And Multiple Backyard Access Points Including A Convenient Side Entrance.An Exceptional Opportunity To Own A Stylish And Functional Home In A Highly Desirable Setting!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,684.31/mo

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5%20%50%

5-yr fixed avg.

Principal: $847,200Interest: $558,094
Mortgage Amount$847,200
Total Interest$558,094
Est. Property Tax$750/mo
Total Cost$1,405,294

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

241 Canada Drive, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$750
Insurance (est.)-$221
Net Cash Flow+$1,829

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 $706/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.

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $4,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    241 Canada Drive, Vaughan — $1,059,000 | Battaglia Team