$1,425,000 - 577 Royalpark Way, Vaughan
Detached for Sale in Vaughan
53 days on market- MLS Number
- N13042720
- Property Type
- Detached
- Status
- active
- Days on Site
- 53
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Vaughan
- Lot Size
- 11,921 sqft
- Listing Brokerage
- CENTURY 21 TITANS REALTY INC.
Welcome to 577 Royalpark Way A Spacious Executive Raised Bungalow in a Sought-After Neighborhood. Nestled on a private 200 ft hillside lot, this stunning, executive-style raised bungalow offers exceptional living space and modern comforts. Featuring 3+2 bedrooms and 3 bathrooms, this home is perfect for multi-generational living or an in-law suite, complete with a second kitchen for added convenience. Bright, Modern Kitchen Updated with granite countertops, ample cabinetry, breakfast bar, and a walkout to a beautifully landscaped yard. Primary Suite Retreat Spacious primary bedroom on the upper level with a cozy sitting area, complemented by a luxurious 5-piece Ensuite for ultimate relaxation. Finished Basement-Professionally finished with 2 additional bedrooms, a full washroom, Separate Entrance from the Garage and a separate kitchen ideal for extended family living. Elegant Finishes Throughout Freshly painted, with hardwood floors on the main level, extensive pot lights, and 9 ft ceilings both on the main and lower levels. Modern Upgrades Newer windows (2023), Furnace (2020), Air Conditioner (2022),Washer & Dryer (2023), Zebra Blinds (2023), and recent Landscaping (2022). Upgraded 200 AMP electrical panel for modern living. Prime Location Conveniently located near parks, shopping, top-rated schools, and just minutes from Hwy 427 for easy commuting. This home combines style, functionality, and location a perfect opportunity for families looking for space and convenience. Energy Efficiency and Comfort-With modern updates and efficient systems, this home is designed for comfort and long-term savings. Don't Miss This Opportunity Make 577 Royalpark Way Your Next Home! Schedule a Showing Today
Estimate your monthly payments for this property
Estimated Payment
$6,303.26/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.
577 Royalpark Way, 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 $950/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 53 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 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.
Bathroom Count Matters
With 3 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 $5,938 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.