255 Moody Drive, Vaughan

Price: $929,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N12979936

**DARE TO COMPARE THIS PREMIUM LUXURY KLEINBURG TOWN HOME *WITH AN UPGRADED LOT FEATURES NO ROAD NOISE AND EXTRA PARKING *STUNNING UPGRADED KITCHEN WITH NEW QUARTZ COUNTER TOPS & BACKSPLASH **MANY THOUSANDS $$$ SPENT** BRAND NEW RENOVATED PRIMARY BEDROOM WASHROOM WITH GLASS DOOR & WALL, TOP RAINFALL SHOWERHEAD BY KOHLER, UPGRADED PORCELAIN TILES & MUCH MORE *COZY ELECTRIC FIREPLACE WITH MANY SETTINGS & FEATURES A FULL QUARTZ WALL *PREMIUM ELECTRICAL SWITCHES & POTLIGHTS THROUGHOUT *BRIGHT/SPACIOUS FLOOR PLAN *THE IRONDALE MODEL BUILT BY PARADISE HOMES *CLEAN/MOVE IN CONDITION - FRESHLY PAINTED HOME *ENJOY 2 BALCONIES WITH UNOBSTRUCTED VIEWS *NEAR ALL AMENITIES, 2 SCHOOLS, SHOPPING, HWYS, STEPS TO LONGO'S PLAZA & MORE!

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$929,000 - 255 Moody Drive, Vaughan

Townhouse for Sale in Vaughan

67 days on market
3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N12979936
Property Type
Townhouse
Status
active
Days on Site
67
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Vaughan
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

**DARE TO COMPARE THIS PREMIUM LUXURY KLEINBURG TOWN HOME *WITH AN UPGRADED LOT FEATURES NO ROAD NOISE AND EXTRA PARKING *STUNNING UPGRADED KITCHEN WITH NEW QUARTZ COUNTER TOPS & BACKSPLASH **MANY THOUSANDS $$$ SPENT** BRAND NEW RENOVATED PRIMARY BEDROOM WASHROOM WITH GLASS DOOR & WALL, TOP RAINFALL SHOWERHEAD BY KOHLER, UPGRADED PORCELAIN TILES & MUCH MORE *COZY ELECTRIC FIREPLACE WITH MANY SETTINGS & FEATURES A FULL QUARTZ WALL *PREMIUM ELECTRICAL SWITCHES & POTLIGHTS THROUGHOUT *BRIGHT/SPACIOUS FLOOR PLAN *THE IRONDALE MODEL BUILT BY PARADISE HOMES *CLEAN/MOVE IN CONDITION - FRESHLY PAINTED HOME *ENJOY 2 BALCONIES WITH UNOBSTRUCTED VIEWS *NEAR ALL AMENITIES, 2 SCHOOLS, SHOPPING, HWYS, STEPS TO LONGO'S PLAZA & MORE!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,766.25/mo

Includes CMHC insurance ($25,919)

$
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5%10%50%

5-yr fixed avg.

Principal: $836,100Interest: $567,856
Mortgage Amount$862,019
Total Interest$567,856
Est. Property Tax$658/mo
Total Cost$1,429,875

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

255 Moody Drive, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$658
Insurance (est.)-$194
Net Cash Flow+$1,878

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 67 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.

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 $3,871 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    255 Moody Drive, Vaughan — $929,000 | Battaglia Team