60 Kleins Ridge, Vaughan

Price: $1,999,999

7 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13163978

Rare 2+ acre ravine lot in prestigious Kleinburg with 315' frontage and 332' riverfront backing onto the Humber River and Nashville Conservation Reserve. Existing 6-bedroom, 4-bath home with finished walkout basement offers approx. 3,700 sq. ft. of living space and panoramic nature views. Build your custom dream home or enjoy serene cottage-style living minutes to Hwy 427/400/50, shopping, schools, and amenities. Exceptional privacy, mature trees, private trails, and spectacular sunset views.

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$1,999,999 - 60 Kleins Ridge, Vaughan

Detached for Sale in Vaughan

7Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13163978
Property Type
Detached
Status
active
Days on Site
17
Bedrooms
7
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Vaughan
Lot Size
88,156 sqft
Listing Brokerage
WORLD CLASS REALTY POINT
Description

Rare 2+ acre ravine lot in prestigious Kleinburg with 315' frontage and 332' riverfront backing onto the Humber River and Nashville Conservation Reserve. Existing 6-bedroom, 4-bath home with finished walkout basement offers approx. 3,700 sq. ft. of living space and panoramic nature views. Build your custom dream home or enjoy serene cottage-style living minutes to Hwy 427/400/50, shopping, schools, and amenities. Exceptional privacy, mature trees, private trails, and spectacular sunset views.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,846.67/mo

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5-yr fixed avg.

Principal: $1,599,999Interest: $1,054,002
Mortgage Amount$1,599,999
Total Interest$1,054,002
Est. Property Tax$1,417/mo
Total Cost$2,654,001

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

60 Kleins Ridge, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,500/mo
Range: $3,825 - $5,175
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,500
Maintenance Fees-$0
Property Tax (est.)-$1,417
Insurance (est.)-$417
Net Cash Flow+$2,666

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 $1000/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 17 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 7 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 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 $8,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    60 Kleins Ridge, Vaughan — $1,999,999 | Battaglia Team