$980,000 - 44 Ellerby Square, Vaughan
Detached for Sale in Vaughan
44 days on market- MLS Number
- N13062690
- Property Type
- Detached
- Status
- active
- Days on Site
- 44
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- ROYAL LEPAGE PREMIUM ONE REALTY
Situated in the heart of the West Woodbridge community in Vaughan, 44 Ellerby Square North presents a fantastic opportunity for first-time buyers or those looking to downsize. This residential freehold property is nestled on an impressive lot with a 40.08-foot frontage and a depth of 129.76 feet, conveniently located near the intersection of Kipling and Highway 7. The home features a functional layout including well-appointed bedrooms and a finished basement that boasts a separate entrance and an extended cantina, providing excellent potential for an in-law suite or additional living space. The exterior of the property is equally appealing, featuring a fully fenced backyard that offers privacy and security. Within the yard, a large shed is currently being utilized as a greenhouse, perfect for gardening enthusiasts. Beyond the property lines, residents will enjoy close proximity to essential amenities including transportation links, schools, shopping centers, recreational centers, library. This property is close to Highways 400, 407, 27 and 427, one bus to subway, Market Lane and scenic walking trails. This home offers significant flexibility for the next owner, basement has separate entrance for potential rental or in-law suite. This well-maintained home has been lovingly cared for by its original owners and offers a solid foundation for its next chapter. Featuring newer windows, HVAC, and many key mechanical updates. While the home reflects it's original charm, it presents a wonderful opportunity for new owners to update and customize the space to suit their own style and vision. Being sold as is, this property is ideal for those looking to add personal touches and create a home that is truly their own.
Estimate your monthly payments for this property
Estimated Payment
$5,027.91/mo
Includes CMHC insurance ($27,342)
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.
44 Ellerby Square, 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 $891/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.
Market Position
At 44 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 5 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.
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 $4,083 (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.