60 Parr Place, Vaughan

Price: $5,995,000

7 bedrooms, 9 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N12860574

Grandeur On Parr Place Thornhills Only Entry Gated Community Located Amongst Like Mansions. Custom Built Design By David Small. This Craftsman-Inspired Masterpiece Boasts Over 9,700 Sq. Ft. Of Exquisitely Designed Living Space, Surrounded By Mature Trees In A Tranquil, Resort-Like Setting. Step Inside To Soaring Ceilings, Rich Oak Hardwood Floors, Slate Tile, Integrated Sound, Detailed Crown Moulding, Custom Stained Glass, And Anderson Windows Throughout. The Main Floor Centers Around A Grand Two-Sided Stone Fireplace, Connecting Elegant Principal Rooms With A Warm, Timeless Ambiance. Gourmet Chefs Will Love The Designer Kitchen With Centre Island, Breakfast Area With Views Of The Manicured Rear Gardens, And Seamless Indoor-Outdoor Flow. A Dedicated Utility Corridor Offers Garage Access, Laundry, And A Private Staircase To Upper And Lower Levels. Retreat To The Luxurious Primary Suite Featuring Vaulted Ceilings, Gas Fireplace, Double-Door Entry, A Custom Walk-In Closet, And An Opulent 9-Pc Ensuite. Versatile Upper Level Offers Primary Suite With Magnificent Boudoir Or 6 Spacious Bedrooms, Each With Private Or Semi-Private Ensuites, Ideal For Large Families Or Hosting Guests In Comfort And Style. The Fully Finished Lower Level Is Built To Entertain With A Second Kitchen, Oversized Rec Room With Fireplace, Wet Bar, Games Room, Gym, Bedroom, 2 Bathrooms & Cold Storage. The Private Backyard Oasis Is An Entertainers Dream With Multiple Pergolas, Covered Patio, Sport Court, Saltwater Pool, And A Fully Fenced Dog Run. Prime Location With Easy Access To 407, Yonge St, Top-Rated Public & Private Schools, Parks, And Shopping. This One-Of-A-Kind Estate Checks Every Box Luxury, Location, And Lifestyle.

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$5,995,000 - 60 Parr Place, Vaughan

Detached for Sale in Vaughan

99 days on market
7Beds
9Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N12860574
Property Type
Detached
Status
active
Days on Site
99
Bedrooms
7
Bathrooms
9
Square Feet
5,000+ sqft
Neighbourhood
Vaughan
Listing Brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.
Description

Grandeur On Parr Place Thornhills Only Entry Gated Community Located Amongst Like Mansions. Custom Built Design By David Small. This Craftsman-Inspired Masterpiece Boasts Over 9,700 Sq. Ft. Of Exquisitely Designed Living Space, Surrounded By Mature Trees In A Tranquil, Resort-Like Setting. Step Inside To Soaring Ceilings, Rich Oak Hardwood Floors, Slate Tile, Integrated Sound, Detailed Crown Moulding, Custom Stained Glass, And Anderson Windows Throughout. The Main Floor Centers Around A Grand Two-Sided Stone Fireplace, Connecting Elegant Principal Rooms With A Warm, Timeless Ambiance. Gourmet Chefs Will Love The Designer Kitchen With Centre Island, Breakfast Area With Views Of The Manicured Rear Gardens, And Seamless Indoor-Outdoor Flow. A Dedicated Utility Corridor Offers Garage Access, Laundry, And A Private Staircase To Upper And Lower Levels. Retreat To The Luxurious Primary Suite Featuring Vaulted Ceilings, Gas Fireplace, Double-Door Entry, A Custom Walk-In Closet, And An Opulent 9-Pc Ensuite. Versatile Upper Level Offers Primary Suite With Magnificent Boudoir Or 6 Spacious Bedrooms, Each With Private Or Semi-Private Ensuites, Ideal For Large Families Or Hosting Guests In Comfort And Style. The Fully Finished Lower Level Is Built To Entertain With A Second Kitchen, Oversized Rec Room With Fireplace, Wet Bar, Games Room, Gym, Bedroom, 2 Bathrooms & Cold Storage. The Private Backyard Oasis Is An Entertainers Dream With Multiple Pergolas, Covered Patio, Sport Court, Saltwater Pool, And A Fully Fenced Dog Run. Prime Location With Easy Access To 407, Yonge St, Top-Rated Public & Private Schools, Parks, And Shopping. This One-Of-A-Kind Estate Checks Every Box Luxury, Location, And Lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$26,517.91/mo

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5-yr fixed avg.

Principal: $4,796,000Interest: $3,159,372
Mortgage Amount$4,796,000
Total Interest$3,159,372
Est. Property Tax$4,246/mo
Total Cost$7,955,372

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 Parr Place, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$6,000/mo
Range: $5,100 - $6,900
Cap Rate (ROI)
0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$6,000
Maintenance Fees-$0
Property Tax (est.)-$4,246
Insurance (est.)-$1,249
Net Cash Flow+$505

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

Premium Pricing

At $1199/sqft, this property is priced above the Vaughan average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 99 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.

Larger Home Realities

At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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 9 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.

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    60 Parr Place, Vaughan | $5,995,000 | Battaglia Team