$1,879,900 - 42 St Michele Place, Vaughan
Detached for Sale in Vaughan
63 days on market- MLS Number
- N12994356
- Property Type
- Detached
- Status
- active
- Days on Site
- 63
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Vaughan
- Lot Size
- 6,923 sqft
- Listing Brokerage
- ARMANI REALTY
Completely renovated Gem in Vaughan's on quiet street with no sidewalks in the sought-after Islington Woods community! Over 500K Spent on upgrades! 4,069 total square feet (2,811 + 1,258 basement). 4 spacious beds, 4 baths, basement with separate entrance, 3pc bath & 2 beds & with great opportunity to make a rentable basement by adding a kitchen! Ultra Premium hardwood floors & smooth ceilings with pot lights throughout, open floor plan, incredible Chefs kitchen with Built-in & Paneled Thermador Appliances, quartz Counter with custom built-in sink, massive sitting island & servery with wine-fridge. Family Room with gas fireplace & custom Marble TV entertainment unit & large with giving you fantastic view Backyard View. Primary bed features Built-in Cabinetry + a walk in closet & 5pc ensuite. Incredible spacious Backyard with inground Salt Water Pool 2019 with extensive landscaping including Interlocking, stone walls, Cabana, Japanese Maple Trees & shrubs & covered sitting/BBQ area! 6 car driveway + upgraded 2 car garage with epoxy floors, slot wall & storage system! Key upgrades include: Roof, Furnace & A/C 2002, Front Driveway & walkway Interlock 2024, Entire main floor (kitchen, family room & floors) 2023, 2nd floor Baths 2023, Rear fence 2024, Garage doors 2019. Bring your fussiest Buyer, truly a turn-key home!
Estimate your monthly payments for this property
Estimated Payment
$8,315.43/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.
42 St Michele Place, 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 $752/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 63 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 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 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 $7,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.