295 Fifth Avenue, Vaughan

Price: $1,848,000

4 bedrooms, 3 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N12938404

Welcome to 295 Fifth Avenue, a beautifully renovated 2-storey detached home nestled in a highly sought-after Weston Downs community, offering over 3,200 sq. ft. of above-grade living space on a premium corner lot that truly stands out with its rare and expansive rear yard-featuring an impressive 90-foot width that provides added privacy, outdoor enjoyment, and exceptional curb appeal. This turnkey residence has been thoughtfully updated with modern finishes, including new appliances and beautifully renovated washrooms, all complemented by a well-designed layout ideal for today's lifestyle. The main level showcases spacious principal rooms, a modern kitchen with stainless steel appliances, and a welcoming family room anchored by a classic brick fireplace, while a second brick fireplace enhances the warmth of the home's full, unfinished basement-offering a blank canvas with endless development potential to create your dream recreation space, in-law suite, or income-generating unit. Situated in a family-friendly neighbourhood, the home is surrounded by green spaces such as Weston Downs Park, Anthony Locilento Park, and Boyd Conservation Park, perfect for outdoor activities and picnics. Families will appreciate proximity to top-rated schools including Father Bressani Catholic High School, St. Clare Catholic School, St. Gregory the Great Catholic Academy, and St. John Bosco Catholic School. Enjoy convenient access to lifestyle amenities such as The National Golf Club of Canada, Vaughan Mills Mall, and Cineplex Cinemas Vaughan, along with countless shopping and dining options. Commuters benefit from easy access to public transit including the TTC VMC Station, as well as major highways Highway 400, Highway 407, and Highway 7, making this an exceptional opportunity to own a move-in-ready home in one of Vaughan's most desirable communities. *Listing Contains Virtually Staged Photos*

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active
New Listing
1/50

$1,848,000 - 295 Fifth Avenue, Vaughan

Detached for Sale in Vaughan

New — Listed 5 days ago
4Beds
3Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N12938404
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
4
Bathrooms
3
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Vaughan
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Welcome to 295 Fifth Avenue, a beautifully renovated 2-storey detached home nestled in a highly sought-after Weston Downs community, offering over 3,200 sq. ft. of above-grade living space on a premium corner lot that truly stands out with its rare and expansive rear yard-featuring an impressive 90-foot width that provides added privacy, outdoor enjoyment, and exceptional curb appeal. This turnkey residence has been thoughtfully updated with modern finishes, including new appliances and beautifully renovated washrooms, all complemented by a well-designed layout ideal for today's lifestyle. The main level showcases spacious principal rooms, a modern kitchen with stainless steel appliances, and a welcoming family room anchored by a classic brick fireplace, while a second brick fireplace enhances the warmth of the home's full, unfinished basement-offering a blank canvas with endless development potential to create your dream recreation space, in-law suite, or income-generating unit. Situated in a family-friendly neighbourhood, the home is surrounded by green spaces such as Weston Downs Park, Anthony Locilento Park, and Boyd Conservation Park, perfect for outdoor activities and picnics. Families will appreciate proximity to top-rated schools including Father Bressani Catholic High School, St. Clare Catholic School, St. Gregory the Great Catholic Academy, and St. John Bosco Catholic School. Enjoy convenient access to lifestyle amenities such as The National Golf Club of Canada, Vaughan Mills Mall, and Cineplex Cinemas Vaughan, along with countless shopping and dining options. Commuters benefit from easy access to public transit including the TTC VMC Station, as well as major highways Highway 400, Highway 407, and Highway 7, making this an exceptional opportunity to own a move-in-ready home in one of Vaughan's most desirable communities. *Listing Contains Virtually Staged Photos*

Mortgage Calculator

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Estimated Payment

$8,174.33/mo

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5-yr fixed avg.

Principal: $1,478,400Interest: $973,898
Mortgage Amount$1,478,400
Total Interest$973,898
Est. Property Tax$1,309/mo
Total Cost$2,452,298

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

295 Fifth Avenue, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$1,309
Insurance (est.)-$385
Net Cash Flow+$2,106

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $616/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Vaughan's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 3,000 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.

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.

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