$1,098,888 - 40 Teal Crescent, Vaughan
Detached for Sale in Vaughan
52 days on market- MLS Number
- N13040418
- Property Type
- Detached
- Status
- active
- Days on Site
- 52
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Step into your new home and let the inspiration fly in this freshly painted 3 bedroom and 3 washroom home, waiting for your own personal touch. Entertain your guests in a open living and dining space, allowing you to host and mingle in style, with a intimate family room to rest and relax in as well. The finished kitchen is equipped with plenty of cabinet and pantry space, stainless steel appliances and a new dishwasher, along with a bright breakfast area facing the backyard that is perfect for meals with your loved ones. Rest easy upstairs, with a spacious master bedroom, paired with a 4-piece ensuite with a large soaking tub. Two additional bedrooms and a full finished 4-piece bathroom for the comfort of any of your family and guests! Enjoy this beautiful neighbourhood surrounded by parks, public and Catholic schools, highway 400 & 407, Canada's Wonderland, Cortellucci Vaughan Hospital, public transit, recreation centre, library, plenty of shopping plazas and malls that include Vaughan Mills, Walmart, groceries, Home Depot, Banks, restaurants, Gas, and other amenities for your convenience and enjoyment! A chance to own a well cared home from the original owner. Let this be a home that you can make new wonderful memories in!
Estimate your monthly payments for this property
Estimated Payment
$4,860.75/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.
40 Teal Crescent, Vaughan
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Rental income estimator & ROI calculator
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 $733/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 52 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.
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 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.
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 $4,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.