$1,399,000 - 311 Conley Street, Vaughan
Detached for Sale in Vaughan
81 days on market- MLS Number
- N12926882
- Property Type
- Detached
- Status
- active
- Days on Site
- 81
- Bedrooms
- 7
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Are you looking to buy a home but don't want to stress about mortgage payment? This one may be your best shot!! 311 Conley St nestled in one of Vaughan's most sought-after neighborhoods, this beautifully renovated home offers the perfect blend of style, space, and smart investment. Located in the heart of Thornhill, this sun-filled detached 2 garages home boasts approximately 2,200 sq ft above ground, plus a completely finished basement apartment with 3 bedrooms, a full kitchen, bathroom, and a separate entrance from garage currently generating an impressive $3,500/month in rental income! Live mortgage-free while enjoying your own privacy and comfort. Renovated top to bottom, this home features a new roof, skylight, garage door, XL quartz tile flooring, pot lights throughout, and a partitioned family room with a modern electric fireplace easily convertible to a guest suite or home office. The stunning gourmet kitchen is the heart of the home, showcasing an oversized quartz island, stylish finishes, and abundant storage. A brand-new powder room adds both convenience and luxury. Upstairs, you'll find 4 spacious bedrooms, perfect for growing or multi-generational families. Unbeatable location! Walking distance to public transit, top-rated schools, grocery stores, shopping malls, restaurants, and so much more. Homes like this don't come around often whether you're looking to move in, invest, or both, this one checks all the boxes.
Estimate your monthly payments for this property
Estimated Payment
$6,188.25/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.
311 Conley Street, 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
Competitive Pricing
At $700/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 81 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.
Excellent Flexibility
With 7 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 4 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 $5,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.