$1,228,000 - 43 Railway Street, Vaughan
Detached for Sale in Vaughan
137 days on market- MLS Number
- N12527940
- Property Type
- Detached
- Status
- active
- Days on Site
- 137
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- ROYAL LEPAGE CITIZEN REALTY
CALLING ALL BUILDERS & RENOVATORS! DISCOVER THE UNTAPPED POTENTIAL WITH THIS INCREDIBLE LOT IN MAPLE! This Charming RAISED BUNGALOW, Surrounded By Multi-Million Dollar Luxury Homes Is Set On An Extraordinary 51.48 x 198 Foot Lot And Is An Exceptional Find For Renovators And Families Alike, Seeking To Customize Their Future Dream Home. The Property Features 2 Bedrooms (easily convertible back to 3), 2 Bathrooms, A Bright And Welcoming Living And Dining Area, Plus A Dedicated Flexible Room Perfect For A Home Office Or Main Floor Family Room With An Oversized Picture Window. The Full Height Basement Offers An Additional 1300+ Square Feet With Plenty Of Options Including A Separate Entrance, Sliding Door Walk-Out To The Backyard, Rough-In Bath And More. Whether You Plan A Comprehensive Renovation, A Significant Expansion, Or A Completely New Custom Build, This Property Offers Unparalleled Potential. Located In A Highly Sought-After Neighbourhood, You'll Be Steps From Excellent Schools, Parks, Community Centre, Shopping, Cortellucci Hospital, Fast Access To The GO Train And Public Transit. Seize This Rare Opportunity To Secure An Incredible Property In A Prime, Convenient Vaughan Location.
Estimate your monthly payments for this property
Estimated Payment
$5,431.86/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.
43 Railway Street, Vaughan
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Fair Market Value
At $1116/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.
Negotiation Opportunity
At 137 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.
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 $5,117 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.