49 Pioneer Lane, Vaughan

Price: $1,490,000

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13031172

Beautifully renovated bungalow on a rare ravine lot! Tucked away on a quiet court, this turnkey home sits on an extra-deep lot backing onto a ravine, offering exceptional privacy, mature fruit trees, and a lush backyard garden. A two-car garage and convenient location just minutes to Highways 400, 407, and 427 add to its everyday practicality. Inside, the main floor features maple hardwood flooring, pot lights, and crown moulding throughout the living and dining areas. The updated kitchen is finished with stainless steel appliances, quartz countertops, and porcelain tile, while the main floor bathroom has been tastefully renovated. The finished basement offers excellent versatility, complete with its own full kitchen, upgraded bathroom, cozy rec room with gas fireplace, and two separate entrances, making it ideal for extended family, multi-generational living, or potential rental income. Outside, the spacious backyard includes a storage shed, garden beds, and established fruit trees, all set against a tranquil ravine backdrop. A rare opportunity to own a beautifully updated home with income potential, lifestyle appeal, and room to grow.

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$1,490,000 - 49 Pioneer Lane, Vaughan

Detached for Sale in Vaughan

57 days on market
3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13031172
Property Type
Detached
Status
active
Days on Site
57
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Vaughan
Listing Brokerage
RIGHT AT HOME REALTY
Description

Beautifully renovated bungalow on a rare ravine lot! Tucked away on a quiet court, this turnkey home sits on an extra-deep lot backing onto a ravine, offering exceptional privacy, mature fruit trees, and a lush backyard garden. A two-car garage and convenient location just minutes to Highways 400, 407, and 427 add to its everyday practicality. Inside, the main floor features maple hardwood flooring, pot lights, and crown moulding throughout the living and dining areas. The updated kitchen is finished with stainless steel appliances, quartz countertops, and porcelain tile, while the main floor bathroom has been tastefully renovated. The finished basement offers excellent versatility, complete with its own full kitchen, upgraded bathroom, cozy rec room with gas fireplace, and two separate entrances, making it ideal for extended family, multi-generational living, or potential rental income. Outside, the spacious backyard includes a storage shed, garden beds, and established fruit trees, all set against a tranquil ravine backdrop. A rare opportunity to own a beautifully updated home with income potential, lifestyle appeal, and room to grow.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,590.77/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,192,000Interest: $785,232
Mortgage Amount$1,192,000
Total Interest$785,232
Est. Property Tax$1,055/mo
Total Cost$1,977,232

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

49 Pioneer Lane, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,055
Insurance (est.)-$310
Net Cash Flow+$1,435

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $993/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 57 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 $6,208 (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.

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    49 Pioneer Lane, Vaughan | $1,490,000 | Battaglia Team