554 Woodbridge Avenue, Vaughan

Price: $1,185,000

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13219350

Welcome to the heart of Woodbridge, where warmth, space, and endless potential come together in one truly special home. This well-maintained 5-level backsplit offers room for the whole family and then some, featuring TWO eat-in kitchens, formal living and dining rooms, and an expansive family room with a walkout to the beautifully landscaped backyard and patio - perfect for relaxing or entertaining. The finished basement adds even more flexibility with a wet bar, large cantina/cold room, second full kitchen, and direct garage access. With multiple entrances, generous living areas, and several bathrooms throughout, this versatile property is ideal for multi-generational living, creating income potential, or designing the dream home you've always imagined. Bring your vision! This home also boasts a brand new furnace (2024) and a stunning steel roof (2020), which takes care of two of the most important costs in a home. Set in a vibrant, family-friendly community, you'll enjoy the convenience of nearby schools, parks, walking trails, public transit, shopping, Market Lane, restaurants, bakeries, banks, and grocery stores. Just around the corner, the Father Ermanno Bulfon Community Centre offers a gym, pool, and plenty of ways to stay active and connected year-round. Jump on this opportunity to take this fantastic gem and polish it to a shine!

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$1,185,000 - 554 Woodbridge Avenue, Vaughan

Detached for Sale in Vaughan

4Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13219350
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Vaughan
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Welcome to the heart of Woodbridge, where warmth, space, and endless potential come together in one truly special home. This well-maintained 5-level backsplit offers room for the whole family and then some, featuring TWO eat-in kitchens, formal living and dining rooms, and an expansive family room with a walkout to the beautifully landscaped backyard and patio - perfect for relaxing or entertaining. The finished basement adds even more flexibility with a wet bar, large cantina/cold room, second full kitchen, and direct garage access. With multiple entrances, generous living areas, and several bathrooms throughout, this versatile property is ideal for multi-generational living, creating income potential, or designing the dream home you've always imagined. Bring your vision! This home also boasts a brand new furnace (2024) and a stunning steel roof (2020), which takes care of two of the most important costs in a home. Set in a vibrant, family-friendly community, you'll enjoy the convenience of nearby schools, parks, walking trails, public transit, shopping, Market Lane, restaurants, bakeries, banks, and grocery stores. Just around the corner, the Father Ermanno Bulfon Community Centre offers a gym, pool, and plenty of ways to stay active and connected year-round. Jump on this opportunity to take this fantastic gem and polish it to a shine!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,241.65/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $948,000Interest: $624,496
Mortgage Amount$948,000
Total Interest$624,496
Est. Property Tax$839/mo
Total Cost$1,572,496

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

554 Woodbridge Avenue, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$839
Insurance (est.)-$247
Net Cash Flow+$2,214

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

Competitive Pricing

At $593/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.

Market Position

At 15 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Vaughan. Good resale value as demand remains consistent.

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 $4,938 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    554 Woodbridge Avenue, Vaughan | $1,185,000 | Battaglia Team