$1,749,000 - 74 Foresta Drive, Vaughan
Detached for Sale in Vaughan
56 days on market- MLS Number
- N13025034
- Property Type
- Detached
- Status
- active
- Days on Site
- 56
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- ROYAL LEPAGE PREMIUM ONE REALTY
Luxury Aspen Ridge built detached 2-storey residence located in the highly sought-after Vellore Village community. Offering approximately 3,000 sqft. of refined living space plus a professionally finished basement by the builder, this meticulously upgraded home delivers exceptional design, functionality, and comfort (Builder Demo Home). This elegant home features 4+1 bedrooms, 5 bathrooms, and 10+2 well-appointed rooms, thoughtfully designed for both family living and entertaining. The main level showcases 9-foot smooth ceilings, rich hardwood flooring, designer porcelain tiles, pot lights throughout, and refined crown moulding on both the main and second floors. The upgraded chef's kitchen is appointed with premium cabinetry, granite countertops, a stylish backsplash, and high-end fixtures including modern fluted faucets. The open-concept layout seamlessly connects principal rooms, creating an inviting atmosphere filled with natural light. Upstairs, you'll find spacious bedrooms, a convenient second-floor laundry room with sink, and an impressive upper level balcony ideal for enjoying peaceful morning views. The primary retreat offers generous proportions and a spa-inspired ensuite bath. The builder finished basement extends the living space with a large recreation room and an additional bedroom, ideal for a guest suite, gym, or home office setup. Situated on a 45 x 79 ft. east facing lot, this property offers a built in double garage with parking for two vehicles, plus a private double driveway accommodating two additional vehicles. Additional features include central air conditioning, forced air gas heating, municipal services, and a garden shed. Ideally located near Davos Road and Via Campanile, this home is surrounded by top rated schools, parks, shopping, and amenities making it a prime opportunity in one of Vaughan's most desirable neighbourhoods. A true turnkey residence combining luxury finishes & quality craftsmanship.
Estimate your monthly payments for this property
Estimated Payment
$7,736.42/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.
74 Foresta Drive, 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
Competitive Pricing
At $700/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.
Negotiation Opportunity
At 56 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 5 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 $7,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.