33 Lodgeway Drive, Vaughan

Price: $844,900

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Townhouse

MLS#: N13058810

Welcome to 33 Lodgeway Dr! Located in a Highly Desirable and Family-Friendly Neighbourhood, This Bright and Spacious 3 Bedroom Freehold Townhome Features a Cozy and Comfortable Open-Concept Layout, Large Principal Rooms, Finished Basement, Generously Sized Backyard with Deck, Plenty of Storage Space and More! Short Driving Distance To Schools, Parks, Shopping (Vaughan Mills) and Highway 400. Don't Miss This one!

33 Lodgeway Drive - Townhouse photo 1 of 14 in Vaughan, Ontario
33 Lodgeway Drive - Townhouse photo 2 of 14 in Vaughan, Ontario
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$844,900 - 33 Lodgeway Drive, Vaughan

Townhouse for Sale in Vaughan

47 days on market
3Beds
2Baths
700 - 1,099Sq Ft
Townhouse
Property Details
MLS Number
N13058810
Property Type
Townhouse
Status
active
Days on Site
47
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Vaughan
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Welcome to 33 Lodgeway Dr! Located in a Highly Desirable and Family-Friendly Neighbourhood, This Bright and Spacious 3 Bedroom Freehold Townhome Features a Cozy and Comfortable Open-Concept Layout, Large Principal Rooms, Finished Basement, Generously Sized Backyard with Deck, Plenty of Storage Space and More! Short Driving Distance To Schools, Parks, Shopping (Vaughan Mills) and Highway 400. Don't Miss This one!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,334.77/mo

Includes CMHC insurance ($23,573)

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5-yr fixed avg.

Principal: $760,410Interest: $516,450
Mortgage Amount$783,983
Total Interest$516,450
Est. Property Tax$598/mo
Total Cost$1,300,432

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

33 Lodgeway Drive, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$598
Insurance (est.)-$176
Net Cash Flow+$1,776

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

Premium Pricing

At $1207/sqft, this property is priced above the Vaughan average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 47 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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 $3,520 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    33 Lodgeway Drive, Vaughan — $844,900 | Battaglia Team