$1,499,999 - 71 Oliver Lane, Vaughan
Detached for Sale in Vaughan
- MLS Number
- N13161262
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
On a quiet street in the heart of Maple, this exceptional house truly has it all--offering over 2700 sq ft. of above grade with 4+1 bedrooms and extensive top to bottom upgrades throughout. A rare oversized main floor office provides the perfect work-from-home space, or convert easily to a 6th bedroom. Rich hardwood flooring, elegant pot lights and gorgeous zebra blinds on the main floor create a warm yet sophisticated atmosphere.Designed for both everyday living and entertaining, the functional L-shaped living room and dining offer an ideal layout for gatherings. The beautifully renovated chef's kitchen features granite countertops, stylish backsplash, undercabinet lighting and a stunning oversized kitchen island with quartz countertop, and additional storage. Enjoy convenient main floor laundry.Upstairs you will find 4 generously sized bedrooms with hardwood flooring along with beautifully updated modern bathrooms showcasing sleek glass enclosed showers.The fully finished basement offers incredible versatility with a separate apartment ideal for extended family, in-laws or excellent rental income potential. Complete with large bedroom with closet, kitchen and bathroom with shower.This meticulously maintained home features numerous major updates including a newer furnace (2022) newer roof (2020) and newer windows for added piece of mind.Step outside to the cozy, nearly low maintenance backyard with extensive new stonework. Enjoy relaxing or entertaining under the stylish metal gazebo set on a wood deck. along with the convenience of a modern shed big enough for all your outdoor supplies. motivated sellers
Estimate your monthly payments for this property
Estimated Payment
$6,635.00/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.
71 Oliver Lane, Vaughan
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Competitive Pricing
At $600/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 25 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 6 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 $6,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.