$2,875,000 - 38 Railway Street, Vaughan
Detached for Sale in Vaughan
Popular Listing- MLS Number
- N13205796
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- RE/MAX EXPERTS
Your search ends here! This one of a kind CUSTOM BUILT luxury residence is located in the heart of Vaughan, offering approximately 7,125 sq. ft. of total living space (as per MPAC) on apremium lot tucked away on a no exit street. Featuring a heated 3 car tandem garage and stunning stone facade, this exceptional home showcases luxury craftsmanship, top of the line finishes, and attention to detail throughout. From the moment you enter through the grand mahogany front door, you are welcomed by soaring 10 ft ceilings, custom millwork, elegant wainscoting, 8 ft solid doors, and a thoughtfully designed layout with outstanding functionality and flow. A convenient elevator services every floor. Perfect for entertaining,the home features a large backyard with elegant glass railings, spacious principal rooms, andthree gas fireplaces throughout. The custom chef's kitchen offers heated floors, Caesarstone countertops, premium appliances, a servery, and a large centre island. A private main floor office with walk out access to the backyard provides the perfect work from home setup. Upstairs features five spacious bedrooms, four with private ensuites, plus a versatile fifth bedroom that can also be used as a den, office, or lounge. Additional highlights include a skylight, wide hallways, and convenient upper level laundry. The luxurious primary retreat offers a walkin closet, private balcony, and spa inspired ensuite complete with heated floors, custom tub, glass shower with rain head, shower bench, double sinks, and custom tile work. The basement,completed in 2025, features heated floors throughout, including the walk up area to help prevent snow accumulation and shovelling. Additional lower level highlights include a nannysuite with rough in kitchen, steam shower, movie theatre room ready for completion, and a large recreation area. Too many upgrades to list. Please refer to the feature sheet for full details. A must-see property!
Estimate your monthly payments for this property
Estimated Payment
$12,717.09/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.
38 Railway 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
Fair Market Value
At $821/sqft, this property is priced in line with current Vaughan market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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 3,500 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.
Excellent Flexibility
With 6 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 7 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 $11,979 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.