40 Crimson Forest Drive, Vaughan

Price: $1,298,888

3 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Townhouse

MLS#: N12936896

Nestled in the heart of Vaughan's prestigious Patterson community, this exceptional end-unit townhome offers a harmonious blend of luxury and functionality. Spanning three meticulously designed levels, the residence features three generously sized bedrooms, including a primary suite with a walk-in closet and a spa-inspired 5-piece ensuite adorned with heated porcelain flooring. The open-concept main floor is a testament to sophisticated design, boasting upgraded 31" x 31"Marmi Statuario porcelain tiles and soaring 10-foot ceilings that amplify the home's airy ambiance. The chef-inspired kitchen is equipped with top-tier Jenn Air stainless steel appliances and complemented by sleek quartz countertops, making it a culinary enthusiast's dream. Pot lights and coffered ceilings in the dining and family rooms add a touch of refinement, while expansive windows flood the space with natural light. Designed with convenience in mind, an elevator seamlessly connects all three levels, offering accessibility for all stages of life. As an end unit, the home benefits from reduced noise levels, ensuring a peaceful living environment. Located just minutes from Highway 407 & Rutherford GO Station, this meticulously crafted townhome is a must-see for those seeking luxury and elegance in Vaughan.

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New Listing
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$1,298,888 - 40 Crimson Forest Drive, Vaughan

Townhouse for Sale in Vaughan

New — Listed 6 days ago
3Beds
4Baths
2,500 - 2,999Sq Ft
Townhouse
Property Details
MLS Number
N12936896
Property Type
Townhouse
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Vaughan
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Nestled in the heart of Vaughan's prestigious Patterson community, this exceptional end-unit townhome offers a harmonious blend of luxury and functionality. Spanning three meticulously designed levels, the residence features three generously sized bedrooms, including a primary suite with a walk-in closet and a spa-inspired 5-piece ensuite adorned with heated porcelain flooring. The open-concept main floor is a testament to sophisticated design, boasting upgraded 31" x 31"Marmi Statuario porcelain tiles and soaring 10-foot ceilings that amplify the home's airy ambiance. The chef-inspired kitchen is equipped with top-tier Jenn Air stainless steel appliances and complemented by sleek quartz countertops, making it a culinary enthusiast's dream. Pot lights and coffered ceilings in the dining and family rooms add a touch of refinement, while expansive windows flood the space with natural light. Designed with convenience in mind, an elevator seamlessly connects all three levels, offering accessibility for all stages of life. As an end unit, the home benefits from reduced noise levels, ensuring a peaceful living environment. Located just minutes from Highway 407 & Rutherford GO Station, this meticulously crafted townhome is a must-see for those seeking luxury and elegance in Vaughan.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,745.42/mo

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5-yr fixed avg.

Principal: $1,039,110Interest: $684,515
Mortgage Amount$1,039,110
Total Interest$684,515
Est. Property Tax$920/mo
Total Cost$1,723,625

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

40 Crimson Forest Drive, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,330/mo
Range: $2,831 - $3,829
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,330
Maintenance Fees-$0
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$2,139

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 $520/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.

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 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 $5,412 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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