$2,598,000 - 74 Kootenay Ridge, Vaughan
Detached for Sale in Vaughan
50 days on market- MLS Number
- N13047186
- Property Type
- Detached
- Status
- active
- Days on Site
- 50
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- Global Bricks Realty
Exceptional estate living in prestigious Ambassador Hill in Vaughan! Located in the highly sought-after Maple Downs community, this renovated 2-storey home sits on a rare premium lot of approximately half an acre, offering privacy and mature trees. Boasting over 5,000 sq ft of living space, this home features a total of 6 bedrooms (4+2) and 4 bathrooms, cathedral ceilings, hardwood flooring, and elegant principal rooms ideal for both everyday living and entertaining. The expansive layout comfortably accommodates multi-generational living or extended family needs. The chef-inspired kitchen features granite countertops, a large island, a walk-out patio door, large windows and opens to the family room with a fireplace. An additional room on the main level is ideal for a private office or library, along with a bonus room at the rear of the home. The primary suite features a 5-piece ensuite and his and hers closets, while the secondary bedrooms offer ample space and comfort. The finished basement offers 2 bedrooms, a recreation space, an exercise area, and two large storage rooms. Exterior features include an irrigation sprinkler system, a finished 2-car garage, and a front porch with durable coating, with a driveway accommodating up to 6 vehicles. The backyard offers a unique multi-level layout with an upper flat section that provides additional usable outdoor space and future landscaping potential. Ideal for gardens, entertaining areas, or a private firepit lounge, this outdoor space offers a great opportunity for buyers looking to personalize and design their own outdoor retreat to suit their lifestyle. Close to Highways 400, 407 and 404, Vaughan Mills, and the subway. Maple Downs Golf and Country Club and Eagles Nest Golf Club are just minutes away. Space, privacy, and lifestyle in one of Vaughan's most sought-after communities.
Estimate your monthly payments for this property
Estimated Payment
$11,491.83/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 Kootenay Ridge, 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 $866/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 50 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 3,000 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 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.